Stimulus & Bailout Watch Thread

[Poetical Poltergeist]

Spoiler

 

[FAH1223]

 

[Deafheaven]

so when these clowns supposed to be pushing the next bill that is allegedly for citizens? June?

 

[iceberg_is_on_fire]

... I feel I'm getting screwed. Everyone took 20% cut... but they got sba.... and we as busy as ever...

Yeah, y'all getting fukked breh. The determination of the sba loan is 2.5 times the amount of a month's worth of payroll in normal times.

 

[ADevilYouKhow]

‘Pure Hell for Victims’ as Stimulus Programs Draw a Flood of Scammers

 

[voltronblack]

 

[voltronblack]

Rep. Pete King (R-N.Y.) slammed Senate Majority Leader Mitch McConnell’s (R-Ky.) comments after the senator said that he’s in favor of allowing states to declare bankruptcy in the wake of coronavirus responses that have seriously diminished state budgets.

“.@senatemajldr McConnell’s dismissive remark that States devastated by Coronavirus should go bankrupt rather than get the federal assistance they need and deserve is shameful and indefensible,” King tweeted Wednesday.

“To say that it is ‘free money’ to provide funds for cops, firefighters and healthcare workers makes McConnell the Marie Antoinette of the Senate,” he added.

McConnell said Tuesday in an interview with radio host Hugh Hewitt that he supports letting states declare bankruptcy as they face budget constraints in response to the coronavirus pandemic.

A $484 billion bill passed by the Senate on Tuesday and expected to clear the House on Thursday did not include any new funding for state and local governments.

Congress provided $150 billion for state and local governments as part of last month's $2.2 trillion coronavirus stimulus package.

Democrats have said additional funding for state and local governments is a top priority for a fifth coronavirus relief bill, and Treasury Secretary Steven Mnuchin and President Trump have appeared open to including such funding in the next package Congress passes.

King’s home state of New York is the hardest hit by the COVID-19 pandemic.

New York reported a total of 257,216 confirmed COVID-19 cases and a total of 15,302 deaths on Wednesday.

 

[Ethnic Vagina Finder]

Rep. Pete King (R-N.Y.) slammed Senate Majority Leader Mitch McConnell’s (R-Ky.) comments after the senator said that he’s in favor of allowing states to declare bankruptcy in the wake of coronavirus responses that have seriously diminished state budgets.

“.@senatemajldr McConnell’s dismissive remark that States devastated by Coronavirus should go bankrupt rather than get the federal assistance they need and deserve is shameful and indefensible,” King tweeted Wednesday.

“To say that it is ‘free money’ to provide funds for cops, firefighters and healthcare workers makes McConnell the Marie Antoinette of the Senate,” he added.

McConnell said Tuesday in an interview with radio host Hugh Hewitt that he supports letting states declare bankruptcy as they face budget constraints in response to the coronavirus pandemic.

A $484 billion bill passed by the Senate on Tuesday and expected to clear the House on Thursday did not include any new funding for state and local governments.

Congress provided $150 billion for state and local governments as part of last month's $2.2 trillion coronavirus stimulus package.

Democrats have said additional funding for state and local governments is a top priority for a fifth coronavirus relief bill, and Treasury Secretary Steven Mnuchin and President Trump have appeared open to including such funding in the next package Congress passes.

King’s home state of New York is the hardest hit by the COVID-19 pandemic.

New York reported a total of 257,216 confirmed COVID-19 cases and a total of 15,302 deaths on Wednesday.

representatives from states like Kentucky should have little to no power in the house or senate. There’s less than 5 million people in the entire state Kentucky.

 

[FAH1223]

 

[the cac mamba]

Rep. Pete King (R-N.Y.) slammed Senate Majority Leader Mitch McConnell’s (R-Ky.) comments after the senator said that he’s in favor of allowing states to declare bankruptcy in the wake of coronavirus responses that have seriously diminished state budgets.

“.@senatemajldr McConnell’s dismissive remark that States devastated by Coronavirus should go bankrupt rather than get the federal assistance they need and deserve is shameful and indefensible,” King tweeted Wednesday.

“To say that it is ‘free money’ to provide funds for cops, firefighters and healthcare workers makes McConnell the Marie Antoinette of the Senate,” he added.

.

someone help me understand this

illinois is the example. they're using the coronavirus to ask for 10 billion dollars in free money to pump into their pension system that's been failing for years. no talk of cutting on their end, just taking advantage of this crisis to bail out their failing system, which was fukked LONG before coronavirus

moscow mitch isn't actually wrong here are these unions being asked to make any kind of sacrifice themselves? no, of course not, how dare we ask that

are these unions going at agree that going forward, this system is broken? no, of course not, how dare we ask that

 

[Tommy Fits]

 

[voltronblack]

 

[BK The Great]

 

[GunRanger]

Someone at my job might be positive meanwhile only a handful of workers plus myself are still working in the buildings. Everyone else is on umployment making arguably more and theyre not losing their job, pto, or health care.

Raw deal


They better pass hazard pay for essential workers. I dont want to hear it

 

[Isaiah Bradley]

Rep. Pete King (R-N.Y.) slammed Senate Majority Leader Mitch McConnell’s (R-Ky.) comments after the senator said that he’s in favor of allowing states to declare bankruptcy in the wake of coronavirus responses that have seriously diminished state budgets.

“.@senatemajldr McConnell’s dismissive remark that States devastated by Coronavirus should go bankrupt rather than get the federal assistance they need and deserve is shameful and indefensible,” King tweeted Wednesday.

“To say that it is ‘free money’ to provide funds for cops, firefighters and healthcare workers makes McConnell the Marie Antoinette of the Senate,” he added.

McConnell said Tuesday in an interview with radio host Hugh Hewitt that he supports letting states declare bankruptcy as they face budget constraints in response to the coronavirus pandemic.

A $484 billion bill passed by the Senate on Tuesday and expected to clear the House on Thursday did not include any new funding for state and local governments.

Congress provided $150 billion for state and local governments as part of last month's $2.2 trillion coronavirus stimulus package.

Democrats have said additional funding for state and local governments is a top priority for a fifth coronavirus relief bill, and Treasury Secretary Steven Mnuchin and President Trump have appeared open to including such funding in the next package Congress passes.

King’s home state of New York is the hardest hit by the COVID-19 pandemic.

New York reported a total of 257,216 confirmed COVID-19 cases and a total of 15,302 deaths on Wednesday.

"I would certainly be in favor of allowing states to use the bankruptcy route. It saves some cities. And there’s no good reason for it not to be available. My guess is their first choice would be for the federal government to borrow money from future generations to send it down to them now so they don’t have to do that. That’s not something I’m going to be in favor of," McConnell said.

"You raised yourself the important issue of what states have done, many of them have done it to themselves with their pension programs. There’s not going to be any desire on the Republican side to bail out state pensions by borrowing money from future generations," McConnell said, after Hewitt floated Illinois, California and Connecticut as examples of states that have overly generous benefits for public employees.

"We’ll certainly insist that anything we’d borrow to send down to the states is not spent on solving problems that they created for themselves over the years with their pension program," McConnell added.