Posted on 07/25/2020 6:23:44 PM PDT by Libloather
Treasury Secretary Steven Mnuchin said Saturday that Republicans were set to roll out the next COVID-19 aid package Monday and assured there was backing from the White House after he and President Donald Trump's top aide met to salvage the $1 trillion proposal that had floundered just days before.
Mnuchin told reporters at the Capitol that extending an expiring unemployment benefit - but reducing it substantially - was a top priority for Trump. The secretary called the $600 weekly aid “ridiculous” and a disincentive for people to go back to work. He also promised a fresh round of $1,200 stimulus checks would be coming in August.
“We're prepared to move quickly,” Mnuchin said after he and Mark Meadows, the president's acting chief of staff, spent several hours with GOP staff at the Capitol. He said the president would “absolutely” support the emerging Republican package.
Mnuchin’s optimistic assessment came before Democrats weighed in publicly on the updated proposal, which remained only a starting point in negotiations with House and Senate leaders in the other party. He said he recently called House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer ahead of shuttle negotiations next week on the broader deal.
(Excerpt) Read more at wcvb.com ...
” Where have they been hiding this? “
The Fed is paying it out of the money they have stolen from us for the last 100 years.
What?! $1,200
How am I supposed to find enough ammo to buy with $1,200?!!
Obama must have forgotten to take his stash with him.
Wrong approach. Printing money by fiat and giving interest payments to a privately held bank called the “federal” reserve which is not “federal” and is not a reserve. Inflation, here we come. Open the country up and let us go back to work!!!! Set my people free!!!!
Adding zeros faster than the Zimbabwe Finance Minister.
Maybe in 2025 they can put President Trump on the $100,000,000,000,000 bill.
I won’t get one. ;-(
Actually ;-)
The Fed is paying it out of the money they have stolen from us for the last 100 years.
Xxxxxxxxxxxxxxxxxxxxxxxxx
Couldn’t happen to a better bunch of crooks
Imagine how fast the Great Depression would have turned around if FDR did something like this especially at the deepest part of it?
I would prefer a check for $120,000 myself. Can’t they manage that?
more money to rioters
How nice. I get to send more people money
Most of the jobs are not coming back. Only ones hiring still after 4 months are those offering near minimum wage part-time jobs or sub-minimum wage gig economy work.
Companies have used this shutdown to move jobs offshore to India. Vanguard Capital was the latest. Kiss another 18,000 decent jobs goodbye to be replaced by brutal low-paying McJobs. This follows Uber, IBM, Indeed, LinkedIn, Amazon, AT&T, and Boeing. Firing Americans, retaining foreign workers (they all claim it’s unfair to send them back to India)
There are no fiscally sane people inside the beltway.
Zeros don’t cost anything. How many do you want?
Please stop “helping”, you’re spending our great grandchildren’s money at this point.
If they're White, they won't have anything anyway.
They are taking the change out of the dead guy's pockets.
When Dillinger was killed, he had over $1500 in his pants when the Fibbies loaded him into the black maria. When it got downtown, a distance of about 20 blocks, he had $5 and change...
Ah, Chicago.
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