Posted on 09/28/2020 8:10:18 PM PDT by Aquamarine
Steve Mnuchin and the GOP are said to be open to talks on the Democrats' new $2.2trillion COVID package that includes a second round of $1,200 stimulus checks, $600 in extra unemployment and $225billion for schools.
The scaled back, last ditch proposal represents a cutback from a $3.4 billion bill that passed the House in May, but remains well above what Senate Republicans had been willing to accept. Republicans have endorsed staying in the $650 billion to $1 trillion range.
House Speaker Nancy Pelosi told her fellow Democrats Monday that the proposal will 'protect lives, livelihoods, and the life of our democracy over the coming months'. More than 7.1 million Americans have tested positive for the virus; 204,905 have died,
The package includes weekly $600 federal unemployment payments through next January, a second stimulus check of $1,200 per taxpayer and $500 per dependent and $75 billion for coronavirus testing.
Talks have stalled between the Republicans and Democrats following the $3 trillion Heroes Act, passed by the House in May. The earlier Cares Act was signed into law in response to the pandemic in March.
Pelosi spoke with Treasury Secretary Mnuchin Monday; the two agreed to speak again Tuesday, according to her aide. Mnuchin has said he is open to negotiations, The Washington Post reports.
Pelosi in recent days has said she thinks a deal can be reached with the White House on a new coronavirus relief package and that talks were continuing. White House Chief of Staff Mark Meadows has said that Donald Trump would be willing to sign a $1.3 trillion relief package.
(Excerpt) Read more at dailymail.co.uk ...
We are doing fine the way things are - shut down thank you!
NO!
The Democrats are taking us to economic destruction.
And all those state debts?
Well, according to this reporter:
“The Fed would have to buy debt from state & local govts at either the federal funds rate (currently set by the Fed at near 0) or a rate equal to what healthy banks would be charged by the Fed in exchange for collateral. U.S. territories like Puerto Rico and Guam would be eligible”
https://twitter.com/vtg2/status/1310716804440952833
Steve, NO!
“$225 Billion for schools” really means a bailout for every bankrupt blue state agency and a top-up for every government union pension fund.
why schools?....its hospitals and nursing homes and drs offices and dentists offices and restaurants and movie theatres that have been hurt...
the closer we get to the election, any deal is more advantageous for the drunk hag Pelosi to keep the House than Trump
The schools are covered by property taxes.
We don’t need to do this for them. They teach crap to our kids, anyway.
No, although I’m still waiting for Pelousi to pay for a new gas tank for my car. :-)
bkmk
Tell Dem run states to open the Hell up. They are artificially keeping their economies shut down to make Trump look bad.
It would be nice to get another $1200 though.
Just send the money directly to families, and let them take care of their needs, including education (for perhaps a year).
Say, $2.2 trillion divided by 100 million families, equals $22,000 per family.
People know how to spend the money much better than governments, and distribution of the wealth is done more effectively.
End these insane lockdowns.
and why do all the schools require 225 billion?
they are all closed down and sitting at idle levels, maintaining systems but not full-bore
maybe now is the time to start selling them off
Instead of giving the schools $250 billion more cut them by $250 billion and we’ve got a deal.
Can’t imagine why schools would need all that extra cash. Give it to the property owners who pay for them. The teachers haven’t missed a paycheck yet.
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