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Biden aides told congressional allies to expect Covid relief package with roughly $2 trillion price tag
cnn ^ | 1-13-21 | MJ Lee and Paul LeBlanc

Posted on 01/13/2021 7:02:05 PM PST by dynachrome

President-elect Joe Biden is expected to unveil a major Covid-19 relief package on Thursday and his advisers have recently told allies in Congress to expect a price tag in the ballpark of $2 trillion, according to two people briefed on the deliberations.

The Biden team is taking a "shoot for the moon" approach with the package, one lawmaker in close contact with them told CNN, though they added that the price tag could still change. The proposal will include sizable direct payments to American families, significant state and local funding -- including for coronavirus vaccine distribution and other emergency spending measures -- to help those struggling during the pandemic. Biden is set to announce the details of his plan in Wilmington, Delaware, Thursday evening.

(Excerpt) Read more at cnn.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: aides; biden; congress; covid; covidbs; dementedjoe; stimulus; twotrilliondollars
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To: dynachrome

Borrow or Print the money ?


21 posted on 01/13/2021 7:10:32 PM PST by butlerweave
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To: dynachrome

Should be 2 quadrillion zillion. He’s slipping already.


22 posted on 01/13/2021 7:11:19 PM PST by Reddy ( B.O. stinks)
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To: Rurudyne

“Since we will be paying for this at the grocery store and the pump, not to mention reducing the value of our savings . . .”

Gasoline has jumped about 35 cents per gallon here in the last two days - up to $2.45 per.


23 posted on 01/13/2021 7:12:16 PM PST by jeffersondem
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To: locofoco

“he has 4 year of lying to blame the Republicans”

His health ain’t good. Harris, the first vaguely female to become President...


24 posted on 01/13/2021 7:13:03 PM PST by dynachrome ( “The people have spoken . . . and they must be punished.” Ed Koch. Sauve Qui Peut)
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To: Lurker

Just what I was thinking....Zimbabwe...2 billion dollar notes.


25 posted on 01/13/2021 7:15:27 PM PST by Gay State Conservative (Trump: "They're After You. I'm Just In The Way")
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To: locofoco
I read somewhere it is more difficult than this.

They can do it thru reconciliation (Obamacare)

Wiki: Reconciliation is a legislative process of the United States Congress that expedites the passage of certain budgetary legislation in the United States Senate. The Senate filibuster effectively requires a 60-vote super-majority for the passage of most legislation in the Senate, but reconciliation provides a process to prevent the use of the filibuster and thereby allow the passage of a bill with simple majority support in the Senate.

26 posted on 01/13/2021 7:15:58 PM PST by 11th_VA (Et Tu Fox News ?)
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To: dynachrome

Get ready for the Peanut Farmer’s second term boys and girls.


27 posted on 01/13/2021 7:16:14 PM PST by Gay State Conservative (Trump: "They're After You. I'm Just In The Way")
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To: dynachrome

I can be bribed and learn to love Big Pervert oops Bidet...

;-)


28 posted on 01/13/2021 7:17:22 PM PST by cgbg (A kleptocracy--if they can keep it.)
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To: Lurker; dfwgator
[Get your wheelbarrows ready, folks.]

I know a little German. He's over there.


29 posted on 01/13/2021 7:18:48 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Lurker; dfwgator
[Get your wheelbarrows ready, folks.]

I know a little German. He's over there.


30 posted on 01/13/2021 7:18:48 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: dynachrome

2 Trillion dollars.
Bur “someone else” will pay it LOL!

Gets old trying to protect America’s idiots...


31 posted on 01/13/2021 7:19:16 PM PST by mrsmith (US MEDIA: " Every 'White' cop is a criminal! And all the 'non-white' criminals saints!")
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To: Gay State Conservative

“2 billion dollar notes.”

I had a trillion dollar note for awhile.


32 posted on 01/13/2021 7:20:21 PM PST by dynachrome ( “The people have spoken . . . and they must be punished.” Ed Koch. Sauve Qui Peut)
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To: Gay State Conservative; SaveFerris
Get ready for the Peanut Farmer’s second term boys and girls.

I have my balloon ready.

33 posted on 01/13/2021 7:21:27 PM PST by dfwgator (Endut! Hoch Hech!)
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To: locofoco

Loco, you are giving bad advice to yourself.

“I should be his adviser, they could pay me only 200,000 dollars a year.”

you demand a piece of the action... the 200k could be your expense account?


34 posted on 01/13/2021 7:23:13 PM PST by algore
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To: dynachrome

The US will not survive the dependency class in its’ current form. Debt now exceeds GDP, an ominous benchmark for many collapsed countries in the past.

And I predict between Biden and Bernie Sanders, the debt will grow at least another $10 Trillion this year alone. Facts are facts....we are in for a real shit-show.


35 posted on 01/13/2021 7:24:22 PM PST by rottndog (Where will you go when America is gone?)
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To: Gay State Conservative

“Just what I was thinking....Zimbabwe...2 billion dollar notes.”

I have a 100 Trillion dollar note, I wish I had bought a lot more of them back when they were cheap


36 posted on 01/13/2021 7:25:24 PM PST by algore
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To: dynachrome

That is $6,666.66 per each person for the 300 million people in America.

On top of the trillions they already spent.


37 posted on 01/13/2021 7:25:28 PM PST by FlyingEagle
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To: dynachrome

$1.72 Trillion was the total income tax paid to the US government by individual taxpayers in calendar 2019.


38 posted on 01/13/2021 7:28:17 PM PST by FlyingEagle
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To: dfwgator

I want to escape too!

I want to be one of the lucky ones!

LOOK OUT! HERE COMES A SUBMARINE!


39 posted on 01/13/2021 7:28:31 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: All


They need to feed the Dem Machine.


Country could never dig out from $2T. Price tag


40 posted on 01/13/2021 7:29:21 PM PST by AnthonySoprano (‘)
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