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Title: Traders Puke After Bernie Sanders Threatens To Hold Up Coronavirus Package
Source: [None]
URL Source: https://www.zerohedge.com/political ... rs-demand-fix-massive-drafting
Published: Mar 25, 2020
Author: Tyler Durden
Post Date: 2020-03-25 18:15:19 by Horse
Keywords: None
Views: 60
Comments: 4

Update (1600ET): Stocks tumbled into the bell after Sen. Bernie Sanders (I-VT) became the latest lawmaker to threaten to hold up the coronavirus stimulus package "until stronger conditions are imposed on the $500 billion corporate welfare fund."

"Unless Senators Graham (R-SC), Sasse (R-NE) and Time Scott (R-SC) drop their anti-worker objections to fast-tracking the emergency coronavirus legislation, I am prepared to put a hold on this bill until stronger conditions are imposed on the $500 billion corporate welfare fund," Sanders said over Twitter.

Bernie Sanders ✔ @SenSanders

Unless Republican Senators drop their objections to the coronavirus legislation, I am prepared to put a hold on this bill until stronger conditions are imposed on the $500 billion corporate welfare fund.

Phil Mattingly ✔ @Phil_Mattingly

AOC warns she may force House members to return for stimulus vote, potentially delaying final passage, via @mkraju http://www.cnn.com/2020/03/25/politics/alexandria-ocasio-cortez-coronavirus-package-vote/index.html …

Viraj Patel @VPatelFX

Bernie Sanders doing his best to claim the 2020 sell-off in stocks

Update (1415ET): GOP Senators have cautioned against fast-tracking the bull as it stands, which would "create a perverse incentive to sever the employer/employee relationship," according to a spokesman for Sen. Sasse (R-NE).

The Senators are working on an amendment which would ensure that the maximum unemployment benefit is 100% of someone's salary.

* * *

First it was Nancy Pelosi 'rode into town from her extended vacation' to kill the GOP coronavirus bill.

Now, despite what we were told was a done dea, three Republican Senators have demanded an "immediate fix" to a drafting error in the bill which may delay its passage.

Sens. Scott (SC), Sasse(NE) and Graham (SC) wrote in a Wednesday letter:

"A massive drafting error in the current version of the coronavirus relief legislation could have devastating consequences: Unless this bill is fixed, there is a strong incentive for employees to be laid off instead of going to work. This isn't an abstract, philosophical point -- it's an immediate, real-world problem."

According to the Senators, "If the federal government accidentally incentivizes layoffs, we risk life-threatening shortages in sectors were doctors, nurses and cooks are trying to get food to families' tables."

Jennifer Shutt ✔ @JenniferShutt

Sens. Scott, Sasse and Graham "demand" a fix to the current version of the stimulus bill.

"Unless this bill is fixed, there is a strong incentive for employees to be laid off instead of going to work."


Poster Comment:

Donkeys will be donkeys. (1 image)

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#1. To: Horse (#0)

GOP Senators have cautioned against fast-tracking the bull as it stands

The most apt typo I've seen in a long while.


Freedom is a social skill.

Anthem  posted on  2020-03-25   18:54:42 ET  Reply   Trace   Private Reply  


#2. To: Anthem (#1)

LOLOLOLOL!!!

_____________________________________________________________

USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2020-03-25   18:58:43 ET  Reply   Trace   Private Reply  


#3. To: Horse (#0)

Donkeys will be donkeys.

And Pelousy and Schumer are two of the biggest horses ass's going. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2020-03-25   19:01:40 ET  Reply   Trace   Private Reply  


#4. To: BTP Holdings (#3)

These demoniacs live for one thing only -- "hooray for out side! Kill the other side!"

_____________________________________________________________

USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2020-03-25   19:28:35 ET  Reply   Trace   Private Reply  


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