Stimulus & Bailout Watch Thread
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DJ Paul's Arm
Veteran
edit: he's gonna do another smash and grab on his way out of office, like how he oversaw the funds distribution with the last stimulus bill.
Last edited:
NYChase718
Veteran
Country goin to shyt
DJ Paul's Arm
Veteran
NYChase718
Veteran
Gonna be an ugly holiday season.
People really out here buyin and sellin 500 retail or 800 resale ps5s
I Really Mean It
Veteran
A stimulus has to be passed or it is a national emergency. You fail to understand what will happen if they don’t extend the unemployment benefits that tens of millions stand to lose on Dec 21st. This is not a game.
Stop saying it’s over. It’s incredibly insensitive. Stay positive.
DJ Paul's Arm
Veteran
A stimulus has to be passed or it is a national emergency. You fail to understand what will happen if they don’t extend the unemployment benefits that tens of millions stand to lose on Dec 21st. This is not a game.
Stop saying it’s over. It’s incredibly insensitive. Stay positive.
You trying to get a ps5 and a new tv or some shyt?
Don't think we forgot about yo ass braggin back in May.
BK The Great
Veteran
These dumb old senile fukks We’re supposed to pass a big bill back in July. They are out of touch with regular folks.
DJ Paul's Arm
Veteran
How Biden might use executive power to advance economic agenda
BY NIV ELIS
President-elect Joe Biden may have limited levers to influence the U.S. economy as it recovers from the worst recession since the Great Depression.
The prospect of a GOP-controlled Senate, which could scale back or block a major fiscal response to the coronavirus, means Biden might need to rely on the sorts of expansive executive measures President Trump used to shape his economic agenda on issues like trade, regulation and emergency spending.
"It's not going to be as easy as it would have been had there been a Democratic sweep, where they could have used budget reconciliation to pass a lot of their agenda," said G. William Hoagland, senior vice president of the Bipartisan Policy Center.
"I do think the Biden administration is going to have to start thinking about how to achieve their goals without legislation, and looking more at the executive process," he added.
The ever-worsening COVID-19 pandemic plunged the country into one of its worst downturns on record, with recent spikes in infection rates threatening to send the economy plunging again. Economists are nearly unanimous in their view that a strong fiscal response will be central to the recovery, though they vary on how much money Congress should approve.
Senate Majority Leader Mitch McConnell (R-Ky.), who is urging a smaller-scale approach, made clear that he will be taking a more central part in talks over the next COVID-19 package now that the election is over. Senate Republicans have endorsed legislation in the range of $600 billion to $1 trillion in recent months.
But Speaker Nancy Pelosi (D-Calif.), whose chamber passed a $3.4 trillion bill in May and then a $2.4 trillion version in early October, walked away from a $1.8 trillion offer from the Trump administration just weeks ago, and has indicated that her ambition for a large stimulus package remains intact.
New COVID-19 cases have broken records day after day, soaring past an unprecedented 140,000 in one day this week.
Biden, who will not be sworn in until Jan. 20, may largely be sidelined in the time-sensitive negotiations. In the meantime, two key unemployment benefit programs are set to expire on Dec. 31.
If Democrats fail to win both runoff elections in Georgia on Jan. 5, Biden may have to fall back on the kinds of executive actions Trump used extensively during his presidency when Congress would not pass related legislation.
How Biden might use executive power to advance economic agenda
BY NIV ELIS
President-elect Joe Biden may have limited levers to influence the U.S. economy as it recovers from the worst recession since the Great Depression.
The prospect of a GOP-controlled Senate, which could scale back or block a major fiscal response to the coronavirus, means Biden might need to rely on the sorts of expansive executive measures President Trump used to shape his economic agenda on issues like trade, regulation and emergency spending.
"It's not going to be as easy as it would have been had there been a Democratic sweep, where they could have used budget reconciliation to pass a lot of their agenda," said G. William Hoagland, senior vice president of the Bipartisan Policy Center.
"I do think the Biden administration is going to have to start thinking about how to achieve their goals without legislation, and looking more at the executive process," he added.
The ever-worsening COVID-19 pandemic plunged the country into one of its worst downturns on record, with recent spikes in infection rates threatening to send the economy plunging again. Economists are nearly unanimous in their view that a strong fiscal response will be central to the recovery, though they vary on how much money Congress should approve.
Senate Majority Leader Mitch McConnell (R-Ky.), who is urging a smaller-scale approach, made clear that he will be taking a more central part in talks over the next COVID-19 package now that the election is over. Senate Republicans have endorsed legislation in the range of $600 billion to $1 trillion in recent months.
But Speaker Nancy Pelosi (D-Calif.), whose chamber passed a $3.4 trillion bill in May and then a $2.4 trillion version in early October, walked away from a $1.8 trillion offer from the Trump administration just weeks ago, and has indicated that her ambition for a large stimulus package remains intact.
New COVID-19 cases have broken records day after day, soaring past an unprecedented 140,000 in one day this week.
Biden, who will not be sworn in until Jan. 20, may largely be sidelined in the time-sensitive negotiations. In the meantime, two key unemployment benefit programs are set to expire on Dec. 31.
If Democrats fail to win both runoff elections in Georgia on Jan. 5, Biden may have to fall back on the kinds of executive actions Trump used extensively during his presidency when Congress would not pass related legislation.
How Biden might use executive power to advance economic agenda
Hold ya head my dude
