Posted on 03/09/2021 6:31:19 AM PST by Hojczyk
The federal stimulus package likely to be signed by President Biden this week will erase the majority of San Francisco’s projected $650 million budget deficit over the next two years, saving City Hall from having to make painful service cuts and layoffs — for now.
While the federal stimulus is a boon for the economy in the short term, it will not solve all of the city’s financial woes. San Francisco’s ultimate recovery heavily depends on how quickly parts of the local economy bounce back, from tourists visiting the city to employees returning to downtown offices.
The $1.9 trillion COVID-19 relief package passed by the US Senate wipes out New York State’s projected budget deficit — possibly negating the need for hefty tax hikes or spending cuts, Senate Majority Leader Chuck Schumer’s office said Monday.
The American Rescue Plan provides state government coffers with $12.6 billion in unrestricted aid, a measure championed by Schumer, the New York senior senator. The measure passed the Senate in a 50-49 vote and is expected to clear the Democratic-led House of Representatives on Tuesday and delivered to President Biden for approval.
Asked if the geyser of pandemic relief eliminates the needs for tax hikes or spending cuts, Roefaro told The Post, “the statement speaks for itself.”
Of course!
Don’t care, I want my check!
Where’s my $1400 CHECK?
Is this yet another rape?
Sure feels like it.
As Xiden says....”It’s cultural”
Every last dollar will be gobbled up by someone who doesn’t give a damn about their city, state or country.
Those two should be dragged through the street in humiliation, then hanged.
Have the feds finished spending the last cash dump, or is there money left from that?
Reminds me of my army days when my buddy who was a decent card player would say, come on, let's you and I start a game up between us and pull in the “suckers”. He would riffle the cards and before long there would be four others playing soon to be losers.
Congratulations, everyone who doesn’t live in SF - you just paid for years of heroin needles to homeless addicts.
It’s sad when people like Schumer and Pelosi cater to the rich elites of their districts and leave the poor behind, as always.
Does this mean she might have SF clean the crap off the streets.
Stealing from the next generation.
My vaccination is undocumented ... like an immigrant.
I’m Trans-Vaxxed.
I’d rather contract covid and abort it.
Unvaxxed Lives Matter!
Defund the ... CDC!
AVAB!
I’m a Long-Hauler and need perpetual Stimulus Checks, like a government employee.
Is this what “Buying American” now pays for?
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