Posted on 05/14/2020 6:31:17 AM PDT by SeekAndFind
Senate Majority Leader Mitch McConnell and the Republican Senate caucus took House Speaker Nancy Pelosi’s $3 trillion extravaganza of waste and delusion and declared the package “dead on arrival.”
In truth, it was dead before it was born. Donald Trump doesn’t want another massive bailout bill and Mitch McConnell isn’t keen on the idea either. So, with an eye on November — and as a sop to their rabid, radical constituencies — House Democrats loaded up a “stimulus” bill with every left-wing fantasy, desire, wet dream, and “transformation” of the U.S. they could muster and threw it against a wall to see what would stick.
It didn’t work.
McConnell, speaking to reporters after a closed-door caucus meeting, said Republicans would “insist on narrowly targeted legislation.”
“What you’ve seen in the House [from] Nancy is not something designed to deal with reality, but designed to deal with aspirations. This is not a time for aspirational legislation, this is a time for practical response to the coronavirus pandemic,” McConnell said, referring to House Speaker Nancy Pelosi (D-Calif.).
For Democrats, this is no time for “narrowly targeted legislation” or budget and debt concerns, or even reality itself. Reality left the building a long time ago for Democrats and with this stim bill, they’ve given free rein to their most exhilarating fantasies and darkest nightmares.
But the bill effectively hit a buzzsaw among Senate Republicans, whose support would be needed to even get the bill scheduled for a vote on the floor, much less to pass the measure.
Sen. John Thune (S.D.), the No. 2 Republican in the upper chamber, argued that the House bill was not designed to pass, calling it a “messaging exercise.”
(Excerpt) Read more at pjmedia.com ...
So - it will only be $2.5 trillion.
You’ve played this game before.
Thank you, Mitch.
Funny how people who screamed bloody murder in 2009 at $1 trillion and crucified Obama in stimulus will fall all over themselves and look the other way and whistle past the graveyard now because we have different leadership.
It's not going to be in the 'shutdown forever' states. The economy has crashed. Tax revenue for every state in the union is going to be down by a considerable percentage. By this fall all states are going to be faced with difficult decisions on what they can fund and what they can't. Cuts will be painful, and the Democrats will be there saying they tried to provide help.
It was less about saving Trump from a veto than saving Congress from an override vote.
The bottom line is that most of the people in this country have no idea about economics. Basically, this just like charging up several credit cars to the max. One day, the Man will come calling.
There are 36 million unemployed and the economy has crashed. If you don't think that's not going to cause revenue shortfalls in Red states as well as Blue states then you're kidding yourself.
Yep. The house of debt will collapse. Hard.
Yup. Look at what happened to oxy petroleum.
Of course it is.
You don't make any tax revenues if you say you are shutting down till there is a cure like,. LA mayor Garcetti is saying. You make that decision, you live with the consequences.
Tax revenue for every state in the union is going to be down by a considerable percentage.
Texas, Georgia other red states are well on their way to getting back to normal.
South Dakota North Dakota Wyoming Nebraska as well as 4 other red states never even had blockdowns at all in the first place. It's been business as usual.
By the elections in November, most red states will be happily generating tax revenues as usual, with most people back to work, even as New York sinks into poverty and dispair with Increasing suicides. But hey, their governor Cuomo is “the sexiest man alive” apparently, according to New Yorkers. What could possibly go wrong?
Chuckle.
Yeah..to illegal aliens, for voter fraud through compulsory mail in balloting, for abortionists etc. Have you even had a look at Pelosi’s bill? It's full of campaign ad clips for Republicans.
The democrats are using this plandemic to get everything they’ve ever wanted. It’s despicable.
“”He’s been very quiet lately.””
He spoke up just a couple of days ago and I’ve already forgotten what it was about but he was on TV - wearing glasses - yakking about something...
“”calling it a “messaging exercise.”””
That’s not what the rest of us call it...
As well as campaign issues for Democrats and pork for their base. Which was the reason for it to begin with.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.