Keyword: stimulus
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If you like your checks from the government, you can keep your checks from the government — and on a monthly basis, provided you have children. That’s, at least if Democrats get their way. According to a report in Saturday’s Washington Post, senior Democrats are looking to craft legislation that would give tax credits of up to $3,600 per year per child. One plan being discussed — modeled on coronavirus stimulus payments — would involve the IRS sending a $300 check every month to parents for children under the age of 6, with $250 checks being disbursed for every child...
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A Republican Congressman is proposing to bribe Americans with federal stimulus cash in order to coerce them into getting experimental COVID-19 vaccines that have already shown to produce tremendous negative side-effects. Congressman Steve Stivers (R-OH) intends to make the next stimulus check contingent upon receiving the controversial and novel vaccinations. Stivers aims to deny $1,400 for ailing Americans desperate for economic relief unless they are stuck with the Big Pharma shots.
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Imagine getting up one morning and finding helicopters hovering over the neighborhood. They are showering down cash on the community. All one has to do is go and pick up an allotted amount. Such a prospect might seem too good to be true. However, in these chaotic times, it might become the new normal.The concept is called helicopter money. Nobel Prize-winning economist Milton Friedman coined the term in 1969 to envisage how sudden increases in money supply universally distributed would affect spending and saving. His conclusions were not favorable. No one took it seriously at the time. Everyone agreed that...
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I received a card in the mail today called an Economic Impact Payment card. It says "Here is your Economic Impact Payment Card enable by Money Network (c). It contains the money you are receiving from the U.S. Department of Treasury under the COVID-related Tax Relief Act of 2020.
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The Biden stimulus package is truly epic in size. It would be more than twice the size of the 2009 Obama budget stimulus and would come on top of the more than US$3 trillion in Covid-19 budget stimulus measures enacted last year. It would also be coming at a time that the U.S. registered a record budget deficit last year, which raised our public debt to GDP ratio to over 100 percent. That ratio was higher than that which prevailed after the Second World War. Mr. Biden is justifying his spending proposal on the grounds that all too many people...
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President-elect Joe Biden will outline his sweeping economic rescue package in a prime-time speech in Wilmington, Del., on Thursday evening. The package, which will be at the top of Biden’s legislative agenda as he takes office amid an ongoing pandemic, includes a commitment to $1,400 direct stimulus checks and has an estimated price tag in excess of $1.4 trillion, Reuters reported Thursday.
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President-elect Joe Biden plans to announce a $1,400 personal stimulus check for individuals on Thursday despite voters expecting a $2,000 check as promised. Reuters reports Biden will announce a massive $1.5 trillion spending program which will include $1,400 stimulus checks.
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Biden’s proposal, which is expected to cost up to $2 trillion, could extend more help to households and businesses in addition to easing the burden on state and local governments. Soon-to-be Senate Majority Leader Chuck Schumer, a Democrat from New York, was seeking a $1.3 trillion COVID-19 relief package.
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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...
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President-elect Joe Biden promised Monday in Georgia that $2000 stimulus checks would go out to Americans “immediately” if Democrat Senate candidates were elected.
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Jack Posobiec @JackPosobiec New: Mitch trying to broker deal now, stimulus checks for full cooperation on the 6th, per Hill staffer, some willing to agree if it's passed first, and only first, others will object either way 12:58 PM · Jan 3, 2021
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The Senate wrapped up a rare New Year's Day session with Republicans rejecting President Donald Trump's demand for $2,000 COVID-19 aid checks and overriding his veto of a sweeping defense bill, an unusual one-two rebuke at the end of a chaotic Congress. Democrats tried a final time to push forward a House-passed bill that would boost the $600 direct aid payments just approved by Congress to $2,000 as Trump demanded for millions of Americans. Republicans blocked a vote, arguing in favor of a more targeted approach. The rejection of Trump's top priorities, along with the first veto override of his...
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Somebody left Speaker Nancy Pelosi a very disturbing message to kick off the new year ... and it seems to be related to the ongoing financial struggles of millions of Americans. Pelosi's San Francisco home was vandalized overnight ... most of the damage was done to her garage door and driveway. The perp or perps spray-painted "Cancel Rent!" and "We Want Everything" in big black letters on her door ... and there's also a nod to the failed $2,000 government stimulus checks. Twitter Link .....
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Somebody left Speaker Nancy Pelosi a very disturbing message to kick off the new year ... and it seems to be related to the ongoing financial struggles of millions of Americans. Pelosi's San Francisco home was vandalized overnight ... most of the damage was done to her garage door and driveway. The perp or perps spray-painted "Cancel Rent!" and "We Want Everything" in big black letters on her door ... and there's also a nod to the failed $2,000 government stimulus checks.
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Happy New Year and God bless FR!
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Congressional leaders passed a new stimulus package meant to alleviate the financial pain of the coronavirus, but it won’t cure all that ails PennDOT’s pocketbook. PennDOT press secretary Alexis Campbell said Monday afternoon it wasn’t clear if the relief plan will cover the $600 million funding gap plaguing PennDOT. Early media reports indicate that $10 billion of financial relief could be distributed to the 50 states’ highway systems, though it’s unclear how much would come Pennsylvania’s way. State Sen. Pat Browne, a Lehigh County Republican and longtime chairperson of the Appropriations Committee, said Tuesday that transportation-specific wording included in the...
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President Trump jetted back to the White House on Thursday after the Republican Senate rejected his demands for $2,000 COVID stimulus checks. Trump was uncharacteristically quiet on Twitter as he and First Lady Melania Trump left his resort in Palm Beach on New Years Eve day after a week of golf. There was no immediate word on what Trump’s early pre-holiday return to the nation’s capital might mean for the stimulus logjam on Capitol Hill. GOP Senate Majority Leader Mitch McConnell again pronounced Trump’s bigger checks as a non-starter Thursday, saying it amounts to a windfall for the wealthy. “Socialism...
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During a Thursday appearance on FNC’s “Fox & Friends,” Sen. Lindsey Graham (R-SC) weighed in on the standoff over the stimulus check amount sent out to individuals in the latest coronavirus relief bill. President Donald Trump and some in the GOP are pushing for the checks to be $2,000, but others want the amount to be $600, which was agreed upon initially. Graham said he is “with the president” on the check amount but acknowledged getting a vote by January 3 is not possible. He urged Senate Majority Leader Mitch McConnell (R-KY) to hold a standalone vote on increasing the...
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Increased stimulus checks remain in limbo in the Senate, where lawmakers are gathering Wednesday to begin the process of overriding President Trump’s veto of a critical defense bill. Senate Majority Leader Mitch McConnell on Tuesday blocked quick consideration of a House-passed bill to boost a new round of checks from $600 to $2,000 per individual. Instead, he proposed a measure that would combine the House bill with provisions Trump has been seeking to repeal a Big Tech lawsuit liability shield and to create a commission to study the integrity of federal elections. Democrats consider the additional provisions “poison pills” and...
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Senate Majority Leader Mitch McConnell on Wednesday introduced his own version of a bill to increase the $600 stimulus checks from the coronavirus relief package to $2,000, but also included two other major priorities for President Trump. The legislation would also repeal Section 230, the controversial liability protection for online platforms, and create a committee on the Election Assistance Commission to study election integrity. McConnell set the table for a bill to address these three issues in his floor remarks Tuesday.
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