House Democrats Unveil $2.5 Trillion Stimulus Counterproposal, $1.5k Direct Checks

Source: None
Published: Mar 23, 2020
Author: Tyler Durden
Post Date: 2020-03-23 17:56:25 by Horse
Views: 75

Update (1630ET): The new Democrat counter proposal will equate to nearly $2.5 trillion, including a $1,500 direct payment to citizens.

It will include $150 billion in healthcare funding, $80 billion in loans, and $600 per week in unemployment benefits for those affected by the virus. $215 billion will be allocated for state and local funds.

Via Bloomberg:

• Includes $1.5k in aid per individual; as much as $7.5k for a family of 5

• Would create a temporary Federal Pandemic Unemployment Compensation of $600 a week for any worker affected by the virus and eligible for unemployment compensation benefits

• Would expand paid leave and family medical leave

• Aims to help current borrowers with student debt

• Seeks more than $500b in grants, interest-free loans to small businesses

• Would provide $200b in funding for states; $15b to local govts through the Community Development Block Grant program

• Calls to ensure states can carry out this year’s election with $4b in grant funding; includes national requirement for both 15 days of early voting and absentee vote-by-mail

Of course, it also requires airlines to adopt strict 'green new deal' style emissions rules.

Mike DeBonis ✔ @mikedebonis

NEW -- summary of House Phase 3 proposal circulated by Democrats. Still no legislative text.

-$1,500 rebate per individual

-$150B health care approps, plus $80B loans

-$600/wk unempl benefit for covid-affected

-$215B state/local stab funds

-nat'l vote by mail

Alec Sears @alec_sears · 3h

Here are just a few things Democrats are holding up the Coronavirus Relief Bill for:

-Corporate Board Diversity

-College Debt "relief"

-Election Auditing

-Canceling the debt of the Postal Service

-Same-day voter registration

-Requiring airlines to offset their emissions

Alec Sears @alec_sears

But wait! There's more:

-Pay Equity

-Funding for community newspapers

-Free internet

-$100,000,000 for NASA's environmental restoration group?

-Mandatory paid sick leave for every single business

-hiding the citizenship status of College Students from the Census Bureau


Poster Comment:

National vote by mail and same day registration equals massive voter fraud. If they steal enough votes even Biden could win the election.

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