Stimulus & Bailout Watch Thread

Thavoiceofthevoiceless

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The Voiceless Realm
This is fine and dandy post GA runoff and Biden inauguration. If he’s seen as the hindrance to this deal by proposing this garbage he will lose his majority and leverage heading into a Biden administration

He can still do damage until 2022 or there's another potential Senate opening before the next midterms.
 

Ethnic Vagina Finder

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North Jersey but I miss Cali :sadcam:


Deducting business meals? Really?


the bill includes 10 billion for opioid treatment.

10 billion for broadband :dahell: Like the people who actually need it gonna get it.


Most of this money will go to corporations within the healthcare industry and transportation industry.
 

CBalla

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the bill includes 10 billion for opioid treatment.

10 billion for broadband :dahell: Like the people who actually need it gonna get it.


Most of this money will go to corporations within the healthcare industry and transportation industry.
Im getting 5 Up , 1 Down out here in this rural area I need that Broadband Damnit :ufdup:
 

thatrapsfan

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Canada with CAD$ 100 billion in spending for next 3 years to jumpstart the economy. Budget deficit at $380 billion.

@Broke Wave @thatrapsfan @TradePascalSiakam @Miggs @Techniec @Inspect Her Deck @jdubnyce @Kwabena

Thoughts? Is it enough?


Its ambitious and appears to be far ahead of rest of economies of similar size:



So far its been well received politically and I think the NDP (left of centre opposition party) has been rendered entirely irrelevant by this posture. The most ambitious commitments have not yet been allocated (universal chlidcare, pharmacare) and will take a lot of provincial coordination and acceptance, which is a challenging even in the best of times in Canada. I think the Spring Budget will be a very contentious one and could decide a) if these commitments are long lasting b) or if we have an election on them.

We will see.
 

Rakim Allah

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McConnell, Schumer far apart on unemployment benefits, stimulus proposals

Schumer stimulus

“Meanwhile, Schumer, along with four other Democratic senators, introduced a bill on Tuesday that, relative to McConnell's proposal, offers more benefits to the unemployed.

The legislation — the American Worker Holiday Relief Act — would offer the benefit retroactively to weeks of joblessness dating to Sep. 5, 2020.

The Democrats would reinstate the $600 weekly boost for all unemployed workers through October 2021. Some workers would be able to collect the $600 subsidy until early January 2022, according to the proposal.

Further, the Senate Democrats would give self-employed, gig and other workers in the Pandemic Unemployment Assistance program up to 65 weeks of total benefits — almost double the current 39 weeks. They could get more if states still have high levels of unemployment.”

The Democrats would also extend Pandemic Emergency Unemployment Compensation, which is the CARES Act program offering extra weeks of state unemployment insurance.

Workers could get up to 39 weeks of PEUC benefits — more than the current 13 weeks. They'd be eligible for additional weeks in states where the three-month average unemployment rate is above 6.5% — up to 78 total weeks when the rate exceeds 8.5%.”
:ohhh:
 
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