It is reported that Congress has reached a deal for the next round of stim payments…….I do not think it will do much to avoid the coming doom for many American families.
What will this stim package be?
Congressional leaders announced Sunday that a COVID relief bill is in the bag, the New York Times reports. “We can finally report what our nation has needed to hear for a very long time: More help is on the way,” said Sen. Mitch McConnell. With just hours left before the feds ran out of money, the House and Senate came to terms on a $900 billion stimulus package that will include direct payments along with support for schools, hospitals, businesses, and vaccine distribution. Once on paper, the agreement will be fused with a bigger spending measure to keep America running for the rest of the fiscal year. Cost: $2.3 trillion.
Sources tell the Washington Post that many Americans will receive $600 stimulus checks, but the number will be lower for those who banked over $75,000 the preceding year—a similar arrangement to the last stimulus checks. Looks like Congress will also continue unemployment benefits reaching up to $300 per week, possibly starting Dec. 27. Final numbers are yet to come, and McConnell said lawmakers just need to “promptly finalize text” as they “avoid any last-minute obstacles.”
Sorry but that $600 will do little to calm the nerves of the people……
Democratic and Republican congressional leaders late Sunday reached an agreement on a roughly $900 billion coronavirus relief package that would send $600 direct payments to many Americans, boost unemployment benefits by $300 per week, and provide billions of dollars in funding for vaccine distribution, rental assistance, and other programs.
Announcing the deal on the Senate floor Sunday evening, Majority Leader Mitch McConnell (R-Ky.)—who has repeatedly stonewalled additional relief since the summer, when he said he had “not yet felt the urgency” of passing more aid—declared, “We can finally report what our nation has needed to hear for a very long time: More help is on the way.”
Progressives fought for a better deal for the people….but as usual they we silenced by the spineless Centrists…..I agree with Bernie on this situation……
Sen. Bernie Sanders on Friday took to the Senate floor to once again make the case for sending another round of $1,200 stimulus checks to working-class Americans, denouncing as “unconscionable” the fact that U.S. billionaires have seen their wealth grow by $1 trillion during nine months of crisis while ordinary people have received just one direct payment from Congress.
“One trillion dollars for billionaires. One $1,200 check for the working class,” said the Vermont senator. “That is immoral and that has got to change.”
Following Sen. Josh Hawley’s (R-Mo.) unsuccessful effort earlier Friday, Sanders requested unanimous consent to pass legislation that would provide $1,200 direct payments to U.S. adults and $500 to children, a relief proposal modeled after the stimulus checks provided under the CARES Act.
The day after Christmas is not looking bright or promising for the masses of Americans struggling to survive day to day.
The package, which Senate Minority Leader Chuck Schumer called a “strong shot in the arm,” does nowhere near enough to make whole the over 10 million people who have lost their jobs since March and the millions whose hours or wages have been reduced.
The bill does not provide health insurance for the estimated 15 million who have lost it during the pandemic. It will not house the over 162,000 who have been evicted during the pandemic, nor does it provide enough money to cover the nearly $6,000 in average back rent owed by some 12 million people, according to Moody’s analytics.
It equals a band-aid for a gun shot wound.
I Read, I Write, You Know
“lego ergo scribo”
4 thoughts on “Another Inadequate Stim Package”
They could divert all that money being wasted on the Space Force and more pointless Moon missions.
Best wishes, Pete.
Yep and ending endless wars would go even further. chuq
It sounds like Democrats are planning another relief package through after Biden gets in. Whether they’ll be successful is another question.
I will not hold my breath…..chuq