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Statement from the President [on signing covid relief bill]
whitehouse.gov ^
| December 27, 2020
| President Donald J Trump
Posted on 12/27/2020 6:40:05 PM PST by ransomnote
As President of the United States it is my responsibility to protect the people of our country from the economic devastation and hardship that was caused by the China Virus.
I understand that many small businesses have been forced to close as a result of harsh actions by Democrat-run states. Many people are back to work, but my job is not done until everyone is back to work.
Fortunately, as a result of my work with Congress in passing the CARES Act earlier this year, we avoided another Great Depression. Under my leadership, Project Warp Speed has been a tremendous success, my Administration and I developed a vaccine many years ahead of wildest expectations, and we are distributing these vaccines, and others soon coming, to millions of people.
As President, I have told Congress that I want far less wasteful spending and more money going to the American people in the form of $2,000 checks per adult and $600 per child.
As President I am demanding many rescissions under the Impoundment Control Act of 1974. The Act provides that, “whenever the President determines that all or part of any budget authority will not be required to carry out the full objectives or scope of programs for which it is provided, or that such budget authority should be rescinded for fiscal policy or other reasons (including termination of authorized projects or activities for which budget authority has been provided), the President shall transmit to both Houses of Congress a special message” describing the amount to be reserved, the relevant accounts, the reasons for the rescission, and the economic effects of the rescission. 2 U.S.C. § 683.
I will sign the Omnibus and Covid package with a strong message that makes clear to Congress that wasteful items need to be removed. I will send back to Congress a redlined version, item by item, accompanied by the formal rescission request to Congress insisting that those funds be removed from the bill.
I am signing this bill to restore unemployment benefits, stop evictions, provide rental assistance, add money for PPP, return our airline workers back to work, add substantially more money for vaccine distribution, and much more.
On Monday the House will vote to increase payments to individuals from $600 to $2,000. Therefore, a family of four would receive $5,200. Additionally, Congress has promised that Section 230, which so unfairly benefits Big Tech at the expense of the American people, will be reviewed and either be terminated or substantially reformed.
Likewise, the House and Senate have agreed to focus strongly on the very substantial voter fraud which took place in the November 3 Presidential election.
The Senate will start the process for a vote that increases checks to $2,000, repeals Section 230, and starts an investigation into voter fraud.
Big Tech must not get protections of Section 230!
Voter Fraud must be fixed!
Much more money is coming. I will never give up my fight for the American people!
TOPICS: Breaking News; News/Current Events
KEYWORDS: cocainemitch; congress; coronavirus; fakenews; lindseygraham; pelosi; potusstatement; recission; sidebarabuse; stimulus; tds; trump
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To: Meatspace
When everyone else gets $2000, the $2000 you get has no value. That probably isn't true given that Biden's policies will cause a recession and that will restrain any potential inflation.
But, it is true that would be effect of universal income.
121
posted on
12/27/2020 8:44:28 PM PST
by
Kazan
To: SteveH
122
posted on
12/27/2020 8:50:24 PM PST
by
JCL3
(As Richard Feynman might have said, this is reality taking precedence over public relations.)
To: ransomnote
"Did you read the part about rescission? He’s getting Americans $2000 when Congress was trying to give us $600 and he’s going to push for recessions to cra cray spending."
Honestly, do you really think this has any value at all? We have 23+ trillion in debt and another 100 trillion in unfunded liabilities. We can't pay it back. We're done. Utterly and completely done.
To: RummyChick
so it looks like Pork fest will go through because COngress can just ignore him,,,and Americans will get the money which adds even more debt Ol' Mitch, Roy Blunt & Co like the pork just fine. After all, as Linda Graham said, those Pakistani women have it rough!
It's the Trump-endorsed raise to $2,000 for We The People they said they will BLOCK. Because of that pesky DEFICIT!!! We just can't afford it! And they're all "fiscal conservatives," doncha know!
To: Meatspace
When everyone else gets $2000, the $2000 you get has no value. Sure it does...if you buy Bitcoin and gold with it.
To: VAFreedom
It will not get pass the Senate. It was the Senate RINOS that opposed the $2K not the other way around. The RINOS will never approve the remaining funds. Their reelection bids are over McConnell has six years and nothing to fear from We the People, the RINOS and RATS only feared Trump's veto. Trump just screwed that away. Now they can ignore us and Trump flies home and talks about all the wonderful shit he did earlier this year while bending us over and screwing us on the way out the door.
126
posted on
12/27/2020 9:39:54 PM PST
by
OldGoatCPO
(No Caitiff Choir of Angels will sing for me.)
To: Armscor38
As for the $2000, the Democrats in Congress are thrilled and many Republicans, including members of the Freedom Caucus, are not. "Freedom Caucus" my ass. With few exceptions, every single one of those "fiscal conservatives" rubber-stamped every penny of the $10 trillion for the Endless War handouts to the M.I.C. and to double the size of the DHS and NSA since 9/11. Trillions which left us nothing to show for it. Trillions when the Chinese never spent a dime, and laughed at us while they bought out half the ports on Earth via "Belt and Road."
To: Kazan
They’ve been printing money and we’ve had “universal income” policy in place for decades... only the flow of printed money all went to a less than “universal” select few businesses... not to you or yours at all... only to theirs.
Now, with the Covid... they’ve restricted the flows even more, as seen in the new Pork Pie they tried force through... while they prevent people from working, going to church, or eating at restaurants and shopping at stores they don’t own.
But, if you don’t change the amount of the newly printed $ that flows out into the market... but only change who it flows TO... that is a real net zero impact in the economy ?
But, if you were dependent on that flow... and it went to zero as it flowed to someone else instead of you, suddenly... the specific impact in changed flows is not ever a zero impact ? Who benefits... and who does not... from the policy choices that are made ?
I’m not advocating for bogus BS economics... but, if you change the flows, now... and it only cuts off those flows that have been a singular benefit to the bankers and their friends, and the flow redirects to real people who are put out of work ?
How the banks can lose money in a business that prints money out of thin air is a good question not asked often enough... but, when they lose it... who do they lose it to ? Not you ?
Fiat has many weaknesses... but the worst of them is in the basic inequity in its distribution. Fiat with equitable distribution... newly printed money flowing equally to all who are citizens, say, causing all others to compete to get it... overcomes the problems attendant with economies being starved of liquidity by those who control the flows to narrow the benefit to a minority.
America became wealthy, in the years before the Revolution, mostly by avoiding forced dependence on the artificially limited supply of good currency. Local scrip lubricated the flow of good and services locally, in spite of the forced shortage of real money... which forced shortage was being used to enrich the British banks at all others expense.
When the Brits learned what was happening to make us successful, and stopped that happening... the American economy cratered... and we soon decided that going to war with King George was a much better option than being starved out by the English bankers.
How close are we to that point again, today... after YEARS of similarly malign policy from essentially the same banks ?
128
posted on
12/27/2020 9:45:48 PM PST
by
Sense
To: 9YearLurker
There will be no second term, he is done and he knows it.
He could have gone out and done the right the thing but he did not. He actually did the very thing you would expect from a swamp dweller. He is blowing smoke up our asses about the Act, he has tried it before and it did not work. He knows it and I am sure he and Lindsey discussed how best to try and fool the people into thinking he is actually doing something good.
Screw 6 Jan 2021, Trump just screwed everyone of us on his way out the door with this BS claim he got tough when all he did was cave. He is lying to us and that honestly takes the wind out of our sails. He can go protest by himself. Rush was right, Trump was the only one who could separate himself from his supporters, he just did it.
129
posted on
12/27/2020 9:48:32 PM PST
by
OldGoatCPO
(No Caitiff Choir of Angels will sing for me.)
To: RummyChick
We get $600, the Senate gets $89 million for new furniture
Win Win!
130
posted on
12/27/2020 9:49:39 PM PST
by
baclava
To: servantboy777
He had little choice. President Trump held out as long as he could to try to get a better deal and the whole weight of D.C. was against him.
_________________
So true. Our “representatives” could care less about us or our country. They’re interested only in themselves and how much money they can rake in.
131
posted on
12/27/2020 9:50:45 PM PST
by
KittyKares
(Trump won the election)
To: Chuckster
Or print leaflets with the not yours to give story (Davy Crockett). But yeah, the gold is probably a better investment.
132
posted on
12/27/2020 9:56:36 PM PST
by
jurroppi1
(The Left doesn't have ideas, it has cliches. H/T Flick Lives)
To: Zeddicus
i don’t think the pocket veto timing worked out right. This bill was delivered too early to successfully execute a pocket veto. If it came a day or two later, then a pocket veto would work (10 non-sunday days before Jan 3rd (midnight))
133
posted on
12/27/2020 9:58:35 PM PST
by
Snerdley
(“When the people find that they can vote themselves money that will herald the end of the republic.”)
To: VAFreedom
“the pork part already passed... all dem has to do is put up a bill to make up the difference, 1400$ and ignore the rest. and trump will sign that.”
How much do you want to bet that the new bill will also have pork?
134
posted on
12/27/2020 10:04:14 PM PST
by
aquila48
(Do not let them make you care! Guilting you is how they control you. )
To: RummyChick
I will send back to Congress a redlined version, item by item, accompanied by the formal rescission request to Congress insisting that those funds be removed from the bill.
I wonder what happens when they say no if they even can say no. Is it overrideable?
135
posted on
12/27/2020 10:05:39 PM PST
by
stylin19a
( 2016 - Best.Election.Of.All.Times.Ever.In.The.History.Of.Ever)
To: Meatspace
“When everyone else gets $2000, the $2000 you get has no value.”
Exactly! It’s like the moronic universal basic income. It’s just like redefining zero as 1000. And it won’t stay at just 1000 very long. Talk about moral hazard and further eliminating personal responsibility!
Yhis is not a just a slippery slope but a free fall.
136
posted on
12/27/2020 10:15:44 PM PST
by
aquila48
(Do not let them make you care! Guilting you is how they control you. )
To: softengine
Honestly, do you really think this has any value at all? We have 23+ trillion in debt and another 100 trillion in unfunded liabilities. We can't pay it back. We're done. Utterly and completely done. This pile of nonsense is just more economic hari-kari and has nothing to do with a 'virus'. The gigs up.
137
posted on
12/27/2020 10:16:57 PM PST
by
444Flyer
(John 3, Revelation 20, Joshua 24:15, 1 Kings 18:16-39, Pick a side...)
To: ransomnote
Wanna buy some magic beans?
To: ransomnote
I will sign the Omnibus and Covid package with a strong message that makes clear to Congress that wasteful items need to be removed. I will send back to Congress a redlined version, item by item, accompanied by the formal rescission request to Congress insisting that those funds be removed from the bill.
139
posted on
12/27/2020 10:18:35 PM PST
by
McGruff
To: rktman
“Pork-O-Rama. At this point, the $30 trillion ain’t getting paid back.”
Why you thought the 20 trillion was going to be paid back?
We are in the midst of fully implementing “modern monetary theory”
140
posted on
12/27/2020 10:19:28 PM PST
by
aquila48
(Do not let them make you care! Guilting you is how they control you. )
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