Thread will be bumped until there's a deal on table in Congress
You wanna talk "Tangibles" House Democrats to Pass Their Own Stimulus Bill Despite Ongoing Talks with Mnuchin
- Thread starter geechiedan
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IF YOU'RE JUST COMING INTO THE THREAD PLEASE VOTE IN THE POLL BEFORE RESPONDING!
still waiting to have that real conversation about tangibles and what party does what for whom??
still waiting to have that real conversation about tangibles and what party does what for whom??
Stimulus Update: Nancy Pelosi 'Not Budging' on Latest Proposal
House Speaker Nancy Pelosi claims she is "not budging" on the size of the next stimulus package. She told reporters on Saturday that and other Democrats will accept nothing less than $2.2 trillion in funding for the legislation. According to a report by Forbes, even Pelosi cast doubt on reaching this goal.
"We have said again and again that we are willing to come down [and] meet them in the middle," Pelosi said of the deal, following a phone call with Republican lawmakers. "That would be $2.2 trillion. When they're ready to do that, we'll be ready to discuss and negotiate. I did not get that impression on that call. That could be a very short conversation if they’re not willing to meet in the middle. We're not budging. They have to move."
Pelosi's phone conversation with Republican party leaders was reportedly about 25 minutes long. It included White House chief of staff Mark Meadows and was the first formal discussion between the two parties on the stimulus package since Aug. 7. At the time, many expected the House of Representatives to concede to the United States Senate's plan, just to get something passed. Instead, Pelosi is standing her ground, demanding that the two legislatures at least meet in the middle by some metrics.
It was the House that introduced the CARES Act back in March — the $2.2 trillion package that included the stimulus check and many of the other vital programs to sustaining the economy through the coronavirus pandemic. However, in May they tried again with the HEROES Act, raising the price to about $3 trillion. The Republican-controlled Senate ignored this bill for two months before responding with the $1 trillion HEALS Act.
popculture.com
House Speaker Nancy Pelosi claims she is "not budging" on the size of the next stimulus package. She told reporters on Saturday that and other Democrats will accept nothing less than $2.2 trillion in funding for the legislation. According to a report by Forbes, even Pelosi cast doubt on reaching this goal.
"We have said again and again that we are willing to come down [and] meet them in the middle," Pelosi said of the deal, following a phone call with Republican lawmakers. "That would be $2.2 trillion. When they're ready to do that, we'll be ready to discuss and negotiate. I did not get that impression on that call. That could be a very short conversation if they’re not willing to meet in the middle. We're not budging. They have to move."
Pelosi's phone conversation with Republican party leaders was reportedly about 25 minutes long. It included White House chief of staff Mark Meadows and was the first formal discussion between the two parties on the stimulus package since Aug. 7. At the time, many expected the House of Representatives to concede to the United States Senate's plan, just to get something passed. Instead, Pelosi is standing her ground, demanding that the two legislatures at least meet in the middle by some metrics.
It was the House that introduced the CARES Act back in March — the $2.2 trillion package that included the stimulus check and many of the other vital programs to sustaining the economy through the coronavirus pandemic. However, in May they tried again with the HEROES Act, raising the price to about $3 trillion. The Republican-controlled Senate ignored this bill for two months before responding with the $1 trillion HEALS Act.
Stimulus Update: Nancy Pelosi 'Not Budging' on Latest Proposal
House Speaker Nancy Pelosi claims she is 'not budging' on the size of the next stimulus package. [...]
popculture.com
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Stimulus Deal Negotiations Going Forward
While $500 billion is significant progress, there is one fundamental disagreement over how to approach further negotiations. Republicans want to evaluate and negotiate each major piece of the stimulus package. This was evident in past negotiations where Republican negotiators made offers on specific pieces of the legislation, such as unemployment benefits and state and local government funding.
In contrast, Democrats want to focus on the top line number. They want to reach agreement on the total cost of the package and then fill in the details later. This was evident in their offer to compromise on the overall cost of the next stimulus package.
The different negotiating strategies bubbled to the surface this week. Mr. Meadows described this in an interview following his call with the Speaker. According to Mr. Meadows, he asked the Speaker during the call what was in her $2.2. trillion proposal, and she wouldn't tell him.
“I had a conversation with Speaker Pelosi. And even on her $2.2 trillion counter offer, she can't tell the American people, nor me, what is in that,” Meadows said. As reported by The Hill, Meadows added: “I said,’What does the $2.2 trillion represent?’ You know what her response was? ‘I'm not going to tell you. Let me fill in the blanks.’ That's not a proper negotiation, [nor] is it anything that the American people accept.”
A representative for Speaker Pelosi responded saying that these comments mischaracterized their discussions. They also claimed that Mr. Meadows was unwilling to break down the costs of the Republican proposal.
Resolving the different approaches to further negotiations is critical. If they can get past this hurdle, there's one element of the stimulus bill that could go a long way to helping the parties reach a final agreement—aid to state and local governments.
How to Bridge the $900 Billion Gap
Aid to state and local governments represents $915 billion of the $3.4 trillion Heroes Act. In contrast, the Republicans have offered $150 billion. Thus, this issue alone represents $765 billion of the $900 billion divide. To date, Speaker Pelosi has been unwilling to reduce this figure, even while proposing that the overall package come down by more than $1 trillion. It's here, however, that potential compromise may be found. Here's why.
Simply put, state and local governments don't need $915 billion, or anything close to that figure. Moody's Analytics puts the budget shortfall at $500 billion. And that's not what state and local governments need now, it's their budget shortfall over the next two years. Even if the federal government covered this entire shortfall, it would close the gap by over $400 billion. An agreement to cover just the next year's state and local government budget shortfall would narrow the gap even further. Such a deal would require both sides to compromise.
Stimulus Deal Getting Closer, But There's More Work To Be Done
Here it’s worth noting that stimulus checks and enhanced unemployment benefits also help state and local governments. Stimulus checks bolster spending, which generates sales tax for most states. Unemployment benefits, in addition to increasing spending, also represent taxable income, benefiting those states that levy income tax. These benefits also help homeowners pay their mortgage, which in part goes to real estate taxes. And the federal government has already provided over $765 billion in federal coronavirus spending to state and local governments.
Related: $300 Unemployment Benefit Update
Some Democrats Getting Impatient
The question remains what, if anything, will incentivize either side to compromise further. Some House Democrats have urged Speaker Pelosi to reach an agreement. More than 100 House Democrats have signed public letters imploring her to find a solution to the impasse and to move forward on certain components of a stimulus deal.
For the Republicans, a stimulus deal could help some Senators at risk of losing their seats. Some believe the Republicans could lose the Senate, and a continued stalemate on another round of stimulus wouldn't help their cause.
There’s clearly more work to be done on both sides. The $500 billion progress we saw last week was a positive step toward a stimulus deal. It remains to be seen how and when the parties make further progress.
www.forbes.com
While $500 billion is significant progress, there is one fundamental disagreement over how to approach further negotiations. Republicans want to evaluate and negotiate each major piece of the stimulus package. This was evident in past negotiations where Republican negotiators made offers on specific pieces of the legislation, such as unemployment benefits and state and local government funding.
In contrast, Democrats want to focus on the top line number. They want to reach agreement on the total cost of the package and then fill in the details later. This was evident in their offer to compromise on the overall cost of the next stimulus package.
The different negotiating strategies bubbled to the surface this week. Mr. Meadows described this in an interview following his call with the Speaker. According to Mr. Meadows, he asked the Speaker during the call what was in her $2.2. trillion proposal, and she wouldn't tell him.
“I had a conversation with Speaker Pelosi. And even on her $2.2 trillion counter offer, she can't tell the American people, nor me, what is in that,” Meadows said. As reported by The Hill, Meadows added: “I said,’What does the $2.2 trillion represent?’ You know what her response was? ‘I'm not going to tell you. Let me fill in the blanks.’ That's not a proper negotiation, [nor] is it anything that the American people accept.”
A representative for Speaker Pelosi responded saying that these comments mischaracterized their discussions. They also claimed that Mr. Meadows was unwilling to break down the costs of the Republican proposal.
Resolving the different approaches to further negotiations is critical. If they can get past this hurdle, there's one element of the stimulus bill that could go a long way to helping the parties reach a final agreement—aid to state and local governments.
How to Bridge the $900 Billion Gap
Aid to state and local governments represents $915 billion of the $3.4 trillion Heroes Act. In contrast, the Republicans have offered $150 billion. Thus, this issue alone represents $765 billion of the $900 billion divide. To date, Speaker Pelosi has been unwilling to reduce this figure, even while proposing that the overall package come down by more than $1 trillion. It's here, however, that potential compromise may be found. Here's why.
Simply put, state and local governments don't need $915 billion, or anything close to that figure. Moody's Analytics puts the budget shortfall at $500 billion. And that's not what state and local governments need now, it's their budget shortfall over the next two years. Even if the federal government covered this entire shortfall, it would close the gap by over $400 billion. An agreement to cover just the next year's state and local government budget shortfall would narrow the gap even further. Such a deal would require both sides to compromise.
Stimulus Deal Getting Closer, But There's More Work To Be Done
Here it’s worth noting that stimulus checks and enhanced unemployment benefits also help state and local governments. Stimulus checks bolster spending, which generates sales tax for most states. Unemployment benefits, in addition to increasing spending, also represent taxable income, benefiting those states that levy income tax. These benefits also help homeowners pay their mortgage, which in part goes to real estate taxes. And the federal government has already provided over $765 billion in federal coronavirus spending to state and local governments.
Related: $300 Unemployment Benefit Update
Some Democrats Getting Impatient
The question remains what, if anything, will incentivize either side to compromise further. Some House Democrats have urged Speaker Pelosi to reach an agreement. More than 100 House Democrats have signed public letters imploring her to find a solution to the impasse and to move forward on certain components of a stimulus deal.
For the Republicans, a stimulus deal could help some Senators at risk of losing their seats. Some believe the Republicans could lose the Senate, and a continued stalemate on another round of stimulus wouldn't help their cause.
There’s clearly more work to be done on both sides. The $500 billion progress we saw last week was a positive step toward a stimulus deal. It remains to be seen how and when the parties make further progress.
Stimulus Deal Getting Closer, But There's More Work To Be Done
A stimulus package came close to reality last week as the parties moved $500 billion closer to a deal. Here's what still needs to be done and how the parties might reach a deal.
www.forbes.com
Nancy Pelosi Says Stimulus Negotiations Are Stuck on Two Key Points
House Speaker Nancy Pelosi (D-CA) has flagged two key points blocking a bipartisan agreement on a further stimulus package being agreed with the White House.
Pelosi has been part of the Democrat contingent locked in talks with White House Chief of Staff Mark Meadows and Treasury Secretary Steve Mnuchin, which have thus far proved incapable of sealing a deal likely to pass both chambers of Congress.
The Democrats put forward their plans in the form of the HEROES Act, which passed the House in May but was then roundly rejected by GOP leadership in the Senate and branded "dead on arrival" in the upper chamber.
Cost has been one major sticking point, with the HEROES Act looking to spend around $3.4 trillion whereas the Republicans have looked to stick to a cap of $1 trillion in their proposals.
Pelosi, commenting on the state of discussions with the White House, said that an expanded testing strategy as well as funding for state and local governments were key issues the Democrats wanted to see addressed--insisting that decisions must be based on "the science."
Speaking on MSNBC, she referred to advice that the U.S. should be doing three million tests each day and said: "That's what we have in the Heroes Act. But they just won't do it, they won't take up a strategic plan to do that. They won't do state and local government, which is so essential to our heroes, hence called the Heroes Act for health care and first responders and sanitation, transportation, teachers, teachers, teachers, flood suppliers and the rest."
In order to "succeed in negotiations, we have to look to the science," she said, before later adding: "So, we have a real problem here because they will not—they do not understand the gravity of the problem. They refuse to accept the science and what science is advising."
Despite highlighting the issues with securing a deal, she said Dems "very much want to have an agreement."
Pelosi has previously suggested the Republicans are not willing to spend enough to "meet the needs of American workers and families." She and the Democrats have said they could compromise at a $2.2 trillion limit, while the White House has indicated support for going up to $1.3 trillion.
Meadows said that Pelosi "can't tell the American people, nor me" what would be included in her $2.2 trillion counter offer and said she would rather people "have nothing than to give way on what her fantasy objection might be," in an interview with NBC's Meet the Press over the weekend.
Mnuchin on Monday said the Democrats do not want to "negotiate in good faith."
"We've reached an agreement on many, many issues, but they've said unless we come out with a top line, they won't even give us details as to what they're interested, so, and again I think it's bad faith," he told Fox Business.
Meadows said that Pelosi "can't tell the American people, nor me" what would be included in her $2.2 trillion counter offer and said she would rather people "have nothing than to give way on what her fantasy objection might be," in an interview with NBC's Meet the Press over the weekend.
"We've reached an agreement on many, many issues, but they've said unless we come out with a top line, they won't even give us details as to what they're interested, so, and again I think it's bad faith," he told Fox Business.
Points of disagreement aside from overall spend have included the level of enhanced unemployment benefits, with Democrats pushing for this to continue at a $600 weekly boost as had been provided by the CARES Act while Republicans have wanted to cut this to $200 weekly before then moving on to a scheme of paying people a boost based upon 70 percent of their previous wage. Liability protections have also been a red line that Senate GOP leadership has said it would not budge on but Dems have been skeptical of.
www.newsweek.com
House Speaker Nancy Pelosi (D-CA) has flagged two key points blocking a bipartisan agreement on a further stimulus package being agreed with the White House.
Pelosi has been part of the Democrat contingent locked in talks with White House Chief of Staff Mark Meadows and Treasury Secretary Steve Mnuchin, which have thus far proved incapable of sealing a deal likely to pass both chambers of Congress.
The Democrats put forward their plans in the form of the HEROES Act, which passed the House in May but was then roundly rejected by GOP leadership in the Senate and branded "dead on arrival" in the upper chamber.
Cost has been one major sticking point, with the HEROES Act looking to spend around $3.4 trillion whereas the Republicans have looked to stick to a cap of $1 trillion in their proposals.
Pelosi, commenting on the state of discussions with the White House, said that an expanded testing strategy as well as funding for state and local governments were key issues the Democrats wanted to see addressed--insisting that decisions must be based on "the science."
Speaking on MSNBC, she referred to advice that the U.S. should be doing three million tests each day and said: "That's what we have in the Heroes Act. But they just won't do it, they won't take up a strategic plan to do that. They won't do state and local government, which is so essential to our heroes, hence called the Heroes Act for health care and first responders and sanitation, transportation, teachers, teachers, teachers, flood suppliers and the rest."
In order to "succeed in negotiations, we have to look to the science," she said, before later adding: "So, we have a real problem here because they will not—they do not understand the gravity of the problem. They refuse to accept the science and what science is advising."
Despite highlighting the issues with securing a deal, she said Dems "very much want to have an agreement."
Pelosi has previously suggested the Republicans are not willing to spend enough to "meet the needs of American workers and families." She and the Democrats have said they could compromise at a $2.2 trillion limit, while the White House has indicated support for going up to $1.3 trillion.
Meadows said that Pelosi "can't tell the American people, nor me" what would be included in her $2.2 trillion counter offer and said she would rather people "have nothing than to give way on what her fantasy objection might be," in an interview with NBC's Meet the Press over the weekend.
Mnuchin on Monday said the Democrats do not want to "negotiate in good faith."
"We've reached an agreement on many, many issues, but they've said unless we come out with a top line, they won't even give us details as to what they're interested, so, and again I think it's bad faith," he told Fox Business.
Meadows said that Pelosi "can't tell the American people, nor me" what would be included in her $2.2 trillion counter offer and said she would rather people "have nothing than to give way on what her fantasy objection might be," in an interview with NBC's Meet the Press over the weekend.
"We've reached an agreement on many, many issues, but they've said unless we come out with a top line, they won't even give us details as to what they're interested, so, and again I think it's bad faith," he told Fox Business.
Points of disagreement aside from overall spend have included the level of enhanced unemployment benefits, with Democrats pushing for this to continue at a $600 weekly boost as had been provided by the CARES Act while Republicans have wanted to cut this to $200 weekly before then moving on to a scheme of paying people a boost based upon 70 percent of their previous wage. Liability protections have also been a red line that Senate GOP leadership has said it would not budge on but Dems have been skeptical of.
Nancy Pelosi Says Stimulus Negotiations Are Stuck on Two Key Points
The House speaker has been involved in talks with the White House in an attempt to reach an agreement which could pass through both chambers of Congress.
www.newsweek.com
Republican Stimulus Bill Would Help Airlines, Exclude Student Loans And Direct Cash Payments
Republican Senators are honing in on a scaled-down stimulus package to address narrow economic relief for targeted sectors of the economy.
According to Bloomberg News, Treasury Secretary Steve Mnuchin has indicated that the latest stimulus proposal would be geared towards providing economic relief to major airlines and the travel industry, which has been hit hard by the pandemic and recession. United Airlines recently warned that over 16,000 employees would be indefinitely furloughed, reducing its workforce by 25%. American Airlines and Delta Airlines announced similar workforce reductions through furloughs, layoffs, and buyouts.
The proposal would also not include any direct stimulus payments to taxpayers, and would reportedly have scaled-down federal unemployment benefits of $300 per week.
The Republican-led plan would cost an estimated $500 billion, substantially less than the $2-3 trillion in economic relief proposed by congressional Democrats. House Democrats passed the HEROES Act in May, largely on a party-line vote. The bill would continue enhanced unemployment benefits of $600 per week, and provide additional economic relief to states, cities, and hospitals. The HEROES Act would also extend the CARES Act’s student loan payment and interest suspension to September 30, 2021 (a full 12 months), and would expand those protections to include commercially-issued FFEL-program federal student loans and Perkins loans. Notably, the bill would provide $10,000 in federal and private student loan forgiveness to borrowers experiencing economic distress.
Republicans have so far rejected those proposals, and the two sides remain at an impasse. House Speaker Nancy Pelosi earlier suggested that there will be no deal if Republicans don’t compromise.
Even the latest narrow stimulus proposal may not garner enough votes to pass the Republican-controlled Senate, however. Republican leaders have repeatedly suggested that a substantial portion of their Senate caucus opposes any new stimulus relief, even if it is pared down. Nevertheless, Senate leaders have suggested that a vote could happen as early as this week.
www.forbes.com
Republican Senators are honing in on a scaled-down stimulus package to address narrow economic relief for targeted sectors of the economy.
According to Bloomberg News, Treasury Secretary Steve Mnuchin has indicated that the latest stimulus proposal would be geared towards providing economic relief to major airlines and the travel industry, which has been hit hard by the pandemic and recession. United Airlines recently warned that over 16,000 employees would be indefinitely furloughed, reducing its workforce by 25%. American Airlines and Delta Airlines announced similar workforce reductions through furloughs, layoffs, and buyouts.
The proposal would also not include any direct stimulus payments to taxpayers, and would reportedly have scaled-down federal unemployment benefits of $300 per week.
The Republican-led plan would cost an estimated $500 billion, substantially less than the $2-3 trillion in economic relief proposed by congressional Democrats. House Democrats passed the HEROES Act in May, largely on a party-line vote. The bill would continue enhanced unemployment benefits of $600 per week, and provide additional economic relief to states, cities, and hospitals. The HEROES Act would also extend the CARES Act’s student loan payment and interest suspension to September 30, 2021 (a full 12 months), and would expand those protections to include commercially-issued FFEL-program federal student loans and Perkins loans. Notably, the bill would provide $10,000 in federal and private student loan forgiveness to borrowers experiencing economic distress.
Republicans have so far rejected those proposals, and the two sides remain at an impasse. House Speaker Nancy Pelosi earlier suggested that there will be no deal if Republicans don’t compromise.
Even the latest narrow stimulus proposal may not garner enough votes to pass the Republican-controlled Senate, however. Republican leaders have repeatedly suggested that a substantial portion of their Senate caucus opposes any new stimulus relief, even if it is pared down. Nevertheless, Senate leaders have suggested that a vote could happen as early as this week.
Republican Stimulus Bill Would Help Airlines, Exclude Student Loans And Direct Cash Payments
Republican Senators are honing in on a scaled-down stimulus package. Here's who it would help -- and what it would exclude.
www.forbes.com
I'm with Pelosi on this one. I know everybody's mad at her, but she's right. "Negotiations" from one side just means how much can we not give to the people. After all of the money they have already given to big business and the banks, its too late to play fiscal conservative.
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yeah this more a battle of wills and views than whats fiscally appropriate or possible.
republicans REDUCE their bill....wheres the shit talkers at??
all the normal shit talkers won't show up because they have to be accountable for their choices...see its EASY to talk shit when you claim to not have a position one way or the other. Once I made the condition that you HAD to vote...you had to PICK A SIDE in order for your posts to be responded to...the cowards ran.
No one is interested in actual DEBATE they just want to throw shit and hide..
The Problem Solvers’ proposal,
which is currently a legislative framework and not a fully fleshed-out bill, attempted to include some of the larger demands from both parties while pushing back against some of their respective concerns, such as Republicans’ worries about spending too much.
The plan also includes automatic “boosters” that would extend funding for unemployment insurance and a third round of stimulus checks if the effects of the pandemic are still severe in 2021. Below are some of its key provisions:
www.vox.com
which is currently a legislative framework and not a fully fleshed-out bill, attempted to include some of the larger demands from both parties while pushing back against some of their respective concerns, such as Republicans’ worries about spending too much.
The plan also includes automatic “boosters” that would extend funding for unemployment insurance and a third round of stimulus checks if the effects of the pandemic are still severe in 2021. Below are some of its key provisions:
- An extension to enhanced unemployment insurance: The legislation includes $120 billion for enhanced unemployment insurance that would guarantee every recipient a $450 weekly supplement for eight weeks. These additional benefits could increase to $600 a week through the end of January if those benefits do not surpass a person’s previous wages. This provision does not offer the full $600 weekly supplement across the board as Democrats have pushed to do, but it is more expansive than the $300 weekly add-on Republicans included in their latest bill.
- A second round of stimulus checks: The Problem Solvers’ proposal contains $280 billion for another wave of $1,200 stimulus checks for adults making $75,000 or less per year in adjusted gross income. It would also cover another $500 in direct support for each child in a household that qualifies, as well as $500 for each adult dependent.
- Funding for state and local governments: There is $500 billion included for state and local government aid aimed at addressing coronavirus revenue shortfalls as well as added costs. Republicans had previously chafed at including state and local aid at all, while Democrats had pushed for upward of $900 billion in the HEROES Act.
- More small business loans: The plan would repurpose some of the remaining $145 billion that has yet to be distributed in the Paycheck Protection Program (PPP), a loan program aimed at helping small businesses. It would also allocate $95 billion in new funds split between the PPP and Economic Injury Disaster Loans.
- Funding for schools: A total of $145 billion is included in the plan, including $15 billion for child care providers, $100 billion for K-12 schools, and $30 billion for higher education institutions as they reopen and implement remote learning set-ups. Republicans’ plan had previously included $105 billion, while a June bill from Democrats contained $430 billion.
- Funding for testing: $100 billion is allocated for coronavirus testing and contact tracing, along with other health care costs such as telehealth expansion expenses for providers.
A group of centrist lawmakers has a new compromise proposal for more stimulus
The Problem Solvers Caucus is attempting to break the impasse on additional aid.
www.vox.com
Jim Cramer called Nancy Pelosi...” Crazy Nancy” to her face today!
He should be fired.
He should be fired.
So what's Pelosi's problem with this bill?The Problem Solvers’ proposal,
which is currently a legislative framework and not a fully fleshed-out bill, attempted to include some of the larger demands from both parties while pushing back against some of their respective concerns, such as Republicans’ worries about spending too much.
The plan also includes automatic “boosters” that would extend funding for unemployment insurance and a third round of stimulus checks if the effects of the pandemic are still severe in 2021. Below are some of its key provisions:
The Problem Solvers’ plan is a product of efforts by 25 Democrats and 25 Republicans who make up the group, a number of whom represent battleground House districts.
- An extension to enhanced unemployment insurance: The legislation includes $120 billion for enhanced unemployment insurance that would guarantee every recipient a $450 weekly supplement for eight weeks. These additional benefits could increase to $600 a week through the end of January if those benefits do not surpass a person’s previous wages. This provision does not offer the full $600 weekly supplement across the board as Democrats have pushed to do, but it is more expansive than the $300 weekly add-on Republicans included in their latest bill.
- A second round of stimulus checks: The Problem Solvers’ proposal contains $280 billion for another wave of $1,200 stimulus checks for adults making $75,000 or less per year in adjusted gross income. It would also cover another $500 in direct support for each child in a household that qualifies, as well as $500 for each adult dependent.
- Funding for state and local governments: There is $500 billion included for state and local government aid aimed at addressing coronavirus revenue shortfalls as well as added costs. Republicans had previously chafed at including state and local aid at all, while Democrats had pushed for upward of $900 billion in the HEROES Act.
- More small business loans: The plan would repurpose some of the remaining $145 billion that has yet to be distributed in the Paycheck Protection Program (PPP), a loan program aimed at helping small businesses. It would also allocate $95 billion in new funds split between the PPP and Economic Injury Disaster Loans.
- Funding for schools: A total of $145 billion is included in the plan, including $15 billion for child care providers, $100 billion for K-12 schools, and $30 billion for higher education institutions as they reopen and implement remote learning set-ups. Republicans’ plan had previously included $105 billion, while a June bill from Democrats contained $430 billion.
- Funding for testing: $100 billion is allocated for coronavirus testing and contact tracing, along with other health care costs such as telehealth expansion expenses for providers.
A group of centrist lawmakers has a new compromise proposal for more stimulus
The Problem Solvers Caucus is attempting to break the impasse on additional aid.
Bitch rather it be nothing?Don’t qualify.
no she'd rather it be 3 trillion because its doable and everyone gets something from it....just like the military and wallstreet gets their trillions dollar deal on the taxpayer back. And you villainize her for that.So what's Pelosi's problem with this bill?
IF YOU'RE JUST COMING INTO THE THREAD PLEASE VOTE IN THE POLL BEFORE RESPONDING!
IF YOU'RE JUST COMING INTO THE THREAD PLEASE VOTE IN THE POLL BEFORE RESPONDING!
Thats why we are so dumbed down and keep getting played...
the top one percent just take their shit off the top...
We get mind fucked and the crumbs get held over our head like..
Ok so you want these crumbs then you better give me your vote..
or no crumbs for you...
the repbulikkklans aka corporatiion whore party...
are just like
well since you are begging... yes these fools really think our tax dollars are something we need to beg for...
they are like
here take these micro crumbs, and you better give me your vote,
and clean my toilets for ten years...
Big Banks and the gotdam AIRLINES get so much fuckin WELFARE in the multi trillions.... so disgusting its pathetic...
but let Wanda need some assistance for her and her three children..
Oh the country is falling apart because wanda gets six hundred dollars a month...
but the trillions giving away to corporations by our their whores we call politician is called crucial to our econmic recovery...
lol I really wish I was making this us..
when are we going to get tired of having game ran on us is the
question Im really asking??
She is trying to crash the economy and implement the digital currency system they want.So what's Pelosi's problem with this bill?
while lazy MFs like @geechiedan can’t read, and will follow whatever the “elites” tell him, there is no way COVID relief should approach $3 Trillion.
ANYONE WHO POSTS BUT DIDN'T VOTE AUTOMATICALLY RENDERS YOUR OPINION BULLSHIT!
its a fucking message board POLL if you are AFRAID of taking a side on a message board poll then keep your opinion to yourself...seriously, cuz you're bringing NOTHING to the table of debate.
LITERALLY PUT UP OR SHUT UP.
you got 3 proposals on the poll and you're telling me that none of them are palatable in any way?? even on a messageboard?? that's just cowardice.
you dont personally know any accountants...??
Fair enoughThe Problem Solvers’ proposal,
which is currently a legislative framework and not a fully fleshed-out bill, attempted to include some of the larger demands from both parties while pushing back against some of their respective concerns, such as Republicans’ worries about spending too much.
The plan also includes automatic “boosters” that would extend funding for unemployment insurance and a third round of stimulus checks if the effects of the pandemic are still severe in 2021. Below are some of its key provisions:
The Problem Solvers’ plan is a product of efforts by 25 Democrats and 25 Republicans who make up the group, a number of whom represent battleground House districts.
- An extension to enhanced unemployment insurance: The legislation includes $120 billion for enhanced unemployment insurance that would guarantee every recipient a $450 weekly supplement for eight weeks. These additional benefits could increase to $600 a week through the end of January if those benefits do not surpass a person’s previous wages. This provision does not offer the full $600 weekly supplement across the board as Democrats have pushed to do, but it is more expansive than the $300 weekly add-on Republicans included in their latest bill.
- A second round of stimulus checks: The Problem Solvers’ proposal contains $280 billion for another wave of $1,200 stimulus checks for adults making $75,000 or less per year in adjusted gross income. It would also cover another $500 in direct support for each child in a household that qualifies, as well as $500 for each adult dependent.
- Funding for state and local governments: There is $500 billion included for state and local government aid aimed at addressing coronavirus revenue shortfalls as well as added costs. Republicans had previously chafed at including state and local aid at all, while Democrats had pushed for upward of $900 billion in the HEROES Act.
- More small business loans: The plan would repurpose some of the remaining $145 billion that has yet to be distributed in the Paycheck Protection Program (PPP), a loan program aimed at helping small businesses. It would also allocate $95 billion in new funds split between the PPP and Economic Injury Disaster Loans.
- Funding for schools: A total of $145 billion is included in the plan, including $15 billion for child care providers, $100 billion for K-12 schools, and $30 billion for higher education institutions as they reopen and implement remote learning set-ups. Republicans’ plan had previously included $105 billion, while a June bill from Democrats contained $430 billion.
- Funding for testing: $100 billion is allocated for coronavirus testing and contact tracing, along with other health care costs such as telehealth expansion expenses for providers.
A group of centrist lawmakers has a new compromise proposal for more stimulus
The Problem Solvers Caucus is attempting to break the impasse on additional aid.
Hell yeah I clown the bitch. She ain't trying to do that pie in the sky shit you talking. She don't want nothing to pass before the election. This is supposed to be a negotiation, not an all-or-nothing proposal.
If it's all about people getting money, then they don't even need to do 3 fucking trillion. Just reallocate some of the 1.5 to the people. Bitch is a fraud. And make no mistake about it, the GOP is fucked, but she ain't negotiating in good faith. It's obvious to anyone who ain't shilling.
I'll kindly ask you to please not respond to factor or gene cisco because they haven't voted on which deal is something they agree with. you voted and many others have but its not fair or cool they that refuse to take a stance considering that no matter what happens THEY WILL BE AFFECTED JUST LIKE THE REST OF US. That being the case they need to choose something in the poll...Otherwise, theyre doing what they do in every political thread. SNIPER FROM A DISTANCE WHILE CLAIMING NO DOG IN THE FIGHT.
Its a bullshit stance. And its something that shouldn't be responded to...not from them or anyone.
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IF YOU'RE JUST COMING INTO THE THREAD PLEASE VOTE IN THE POLL BEFORE RESPONDING!
that is why I don’t see anything to vote for. the poll is biased and OP is mad that only the profane will fall for the trap.
my temporary plan (meant to last for the next 12 months) - abolish the federal reserve, open up Fort Knox and run an audit on the amount of gold available and reconcile the value with the cash in circulation, any surplus is distributed to DOAS and any deficit must be paid in taxes from non-DOAS (including any immigrants that came to the United States after the Civil Rights Act), add a one time tax on corporations’ top line revenue for their 2019 fiscal years and lastly, provide monthly check payments to ONLY descendants of American Chattel slavery in perpetuity or until a settlement amount is reached. The $4 Trillion will fund the trust paid out to anyone over 18 that meets eligibility criteria. Only people eligible are those with one paternal or maternal ancestor listed as so-called black before 1865. Anyone person identifying as so-called black that cannot trace ancestry in United States before the previous date is ineligible.
my temporary plan (meant to last for the next 12 months) - abolish the federal reserve, open up Fort Knox and run an audit on the amount of gold available and reconcile the value with the cash in circulation, any surplus is distributed to DOAS and any deficit must be paid in taxes from non-DOAS (including any immigrants that came to the United States after the Civil Rights Act), add a one time tax on corporations’ top line revenue for their 2019 fiscal years and lastly, provide monthly check payments to ONLY descendants of American Chattel slavery in perpetuity or until a settlement amount is reached. The $4 Trillion will fund the trust paid out to anyone over 18 that meets eligibility criteria. Only people eligible are those with one paternal or maternal ancestor listed as so-called black before 1865. Anyone person identifying as so-called black that cannot trace ancestry in United States before the previous date is ineligible.
IF YOU'RE JUST COMING INTO THE THREAD PLEASE VOTE IN THE POLL BEFORE RESPONDING!
I know plenty. I don’t know what that has to do with anything.
spend more than $1,200 to get $1,200 is not smart.
Update the poll and I will vote.
lol,
at first I thought it was a weird request, but out of respect and it is going along the lines of whats being discussed.
its not too much to ask for....
if an op starts a thread with a poll and just asks posters to vote before they reply..
its just good posting etiquette to oblige..... its not like you are asking for a pound of flesh
lol
I know plenty. I don’t know what that has to do with anything.
spend more than $1,200 to get $1,200 is not smart.
Im just saying a good accountant is a numerical magician
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