Here’s everything you need to know about the coronavirus stimulus package

nypost ^ | 3/25/2020 | Steven Nelson and Ebony Bowden

[be-baw]

ping for later

[fella]

"bill will “[p]rohibit businesses controlled by the President, Vice President, Members of Congress, and heads of Executive Departments from receiving loans or investments from Treasury programs.”

Sounds good until you realize that the vast majority of those businesses are controlled by family members or front companies.

[devane617]

See my post #17...I saw that stat in another FR thread...

[Obadiah]

You darn skippy!

Months from now reports will trickle out how millions were given here and there that virtually no one knew about. I’m sure some Conservative news outlet will break a story about Paul Pelosi, the Bidens, the Clintons or countless other Pols who will have set up dummy corporations or something and got piles of government largess.

You watch.

[GreenHornet]

Are Democrat provisions to guarantee voter fraud still included in the package?

[Obadiah]

How much money will be cycled through Ukraine?

[dfwgator]

The markets sure didn’t like something there at the end.

[9YearLurker]

The issue isn’t so much that as big biz and even big small biz getting big bailouts while the hardest hit—gig and freelance workers don’t get anything. Also, why are we topping off the unemployment of highly paid workers?

What aid we give should be to help people get by, not necessarily to keep the wealthiest the wealthiest at the expense of the whole economy, which means subsidized by Working Joes.

[madison10]

It is not legal and should be removed. How wicked of the Demshevicks.

[rktman]

HMMMMM ! I got laid off in 2011. Think I could still qualify? 😂💸

[ByteMercenary]

“... With bill you make more money from being unemployed than working.”

This is nothing new. Many on welfare get more by sucking the government teat than they would if gainfully employed. Our welfare programs are way out of control.

[Magnum44]

[Reily]

Thanks

[rollo tomasi]

Pres. Trump is a populists and would concede a bit to get what he desires (Economy kick-started).

Whatever this entails, I hope the have a plan to pay for all of this when things get back to normal, plus shrink the deficit at least.

[JoSixChip]

The package’s central cash-injecting giveaway would cut checks of up to $1,200 to each taxpayer, with phased out for people who earned between $75,000 and $99,000 in 2018. For each child, there would be a $500 tax rebate.

Seriously, two years ago? What kind of BS is that?

[rollo tomasi]

Dems are back-tracking as well as time to actually digest what the stimulus enatails. Rat virus in China is spreading too (Hantavirus). Short the dead cat bounce? who knows

[shanover]

It’s one big sh*t sandwich.

[Buttons12]

Just more confusing. A check for each adult, or a check for each taxpayer? NY Post article uses “taxpayer.”

Unemployment benefits — for part time employees as well as full time?

My neighbor is 94. He doesn’t pay taxes. No one claims him as a dependant. Does he get a check?

The part time secretary who works no more than 5hrs/day, single no kids. She’s laid off now, can she apply for unemployment compensation?

Oh and how much loot is the Kennedy Center getting?

[JoSixChip]

The package’s central cash-injecting giveaway would cut checks of up to $1,200 to each taxpayer, with phased out for people who earned between $75,000 and $99,000 in 2018. For each child, there would be a $500 tax rebate.

Illegal aliens who don't pay taxes but file to get family tax credits will get the full amount. Mere taxpayers like myself get nothing. Thanks gopE.

[gcparent]

Its based on last year 2018 irs returns. They dud dimilar in 2008. Plenty have not filed yet. I now read when you file in july based in new numbers they can take money back!!