Biden’s Stim Plan

Once he, Biden, takes the oath of office he will unveil a new economic stim package which will include a $2000 check for the people that need some help badly…..

So many plans and so little help for those struggling to remain solvent……what will his plan do?

President-elect Biden’s stimulus plan is rumored to include:

  • $1,400 or $2,000 direct payments for Americans. Democrats campaigned on $2,000 checks. However, a recent letter sent by Senator Schumer to his Democratic colleagues indicated the new payment may be just $1,400 per adult, combining with the recently issued $600 payment to provide $2,000 total — rather than an additional $2,000 on top of the other stimulus aid.
  • Aid to state and local governments. This was left out of the last coronavirus relief bill because many Republicans object vehemently to it. It is a key Democratic priority. However, if rumors that Biden is hoping to pass the stimulus bill on a bipartisan basis are true, the administration may have to limit this provision of the bill to get support from across the aisle.
  • More money for schools and for vaccine distribution.
  • Help for small businesses. Some of this aid may be targeted to lower-income communities and industries hit hardest by the pandemic.
  • Rent forbearance.
  • An expansion of the child tax credit. Biden had previously proposed raising this credit to as much as $3,600 for some families. Increasing it, and making more of it refundable, have long been priorities on the left and the incoming president campaigned on this issue.

The check for us mere mortals is a sound idea….funds for state and local governments that have been struggling is another sound idea…..I want to sede just how much goes where they promise or will it go where it is not need the big corporations that have already made billions out of this pandemic.

If you would like more information then here is a source…..https://www.reuters.com/article/us-usa-biden-stimulus-idUSKBN29J1B1

To say I am optimistic is a bit of a stretch…..for I have heard many promises and most have fallen well short of the promise.

All I can say….”we will see”.

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Closing Thought–08Jan21

Have you gotten your stim check?

Some of us we wanting the $2000 and got $600.

The promise was that there may be a further expanding of the stim packages….the possible good news is we may yet get that $2000.

It got a little lost in the shuffle of Wednesday’s chaos in DC, but the pair of Democratic Senate wins in Georgia means that Americans might get $2,000 in COVID relief checks after all. In this case, that would likely mean an additional payment of $1,400 on top of the $600 that started going out late last month. “One of the first things that I want to do when our new senators are seated is deliver the $2,000 checks to American families,” Chuck Schumer said on Wednesday, per MarketWatch. Schumer is poised to become the Senate majority leader now that Democrats will have control. When this might happen remains unclear, notes the Washington Post. For one thing, the Georgia races still must be certified, and it’s possible Republican challenges will arise.

In December, Republicans led by Mitch McConnell blocked the additional money in the Senate, recounts Fox News. At the conservative Hot Air, Ed Morrissey suggests it was a blunder that might have cost Republicans control of the Senate. “Had McConnell just allowed HR9051 to get a floor vote, perhaps it might have been enough for David Perdue to win his runoff against Jon Ossoff,” he writes. “Alas, we’ll never know.” Not surprisingly, Nancy Pelosi says the House is on board with the bigger checks, as it was last month. In the first weeks of the Joe Biden administration, “we will pursue a science- and values-based plan to crush the virus and deliver relief to struggling families,” she says.

It is time to get serious about an economic recovery during this pandemic.

Be Well….Be Safe….

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Your Checks Are In The Mail

Closing Thought–04Jan21

This is what Bernie had to say about the pittance stim checks on the floor of the Senate…..

Sorry it is a bit lengthy but it is well worth watching……

I agree with Bernie….the smallness of the checks is pathetic but as they say “every little bit helps”….my favorite  thought is….

“All of a sudden, Mitch McConnell is ‘worried’ about giving a $2,000 check to someone who ‘doesn’t need it,'” Sanders tweeted Thursday. “That’s funny. He had no problem giving a $560 million tax break to Sheldon Adelson who is worth $34.3 billion. Total hypocrisy! Let the Senate vote on $2,000 now, Mitch.”

It will be interesting to see how the pandemic stim plays out in 2021.

The one thing I think will appear once again…..fiscal conservs without Trump will find their moronic voice.

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“lego ergo scribo”

Even More Stim Stuff

We all have heard the debate on whether us mere mortals would get $600 or $2000….depending on which side wins this political battle.

Personally I think we may be having the wrong debate……we should be asking just why in the Hell are rich people getting more stim money?

The issue of whether Americans will get relief checks of $600 or $2,000 is now in the hands of the Senate, and the legislative jiu-jitsu already has begun. It’s expected to play out over a few days, and how it will end up is anyone’s guess at this point. Meanwhile, a different argument has surfaced about who should get the money. Coverage:

  • A shift: Axios reports that as recently as a few days ago, it seemed “impossible” the Senate would back $2,000 checks. But that has changed with senators feeling the pressure from President Trump and their own constituents. Some Republicans may not be able to risk a “no” vote, putting the needed threshold of 60 votes in sight. However, it’s still an “uphill battle,” per Axios.
  • Support growing: So far, GOP Sens. David Perdue, Kelly Loeffler, Marco Rubio, Josh Hawley, and Deb Fischer have announced their support of the $2,000 checks, reports the Washington Post. Perdue and Loeffler are under particular pressure to back the larger amounts because they face runoff elections in Georgia next week. That still leaves Democrats seven votes short, though the numbers are changing quickly.
  • Your money: So what does all this mean in terms of when you’ll get money? The Treasury may begin sending out $600 payments at some point this week, on track with its original schedule, reports the Wall Street Journal. If the final amount ends up being $2,000, the payments “will be topped up,” says a Treasury official. The first payments could go out Wednesday, though it’s possible that could change. Most would be in the form of direct deposits.
  • Wrong question? In a Washington Post op-ed, Catherine Rampell says the $600 vs. $2,000 debate is the wrong one to be having. Instead, she wants to know why rich people will be getting relief checks, too. Yes, they might not get the full amount, but even a family that earns $350,000 would get something. These nearly universal payments are inefficient, she writes. “The payments end up being a pittance for higher-income, fully employed households, yet insufficient for the households that suffered large income losses.”
  • The maneuvering: On Tuesday, Mitch McConnell rejected an attempt by Chuck Schumer to stage a quick, up-or-down vote on the larger checks. But this is just the opening gambit, with McConnell signaling he will tuck the increase into other legislation to be considered soon, per the Hill. It might, for example, be linked to the repeal of a legal shield for tech companies.
  • A slam: The conservative editorial page of the Wall Street Journal (which opposes larger checks) is seething at Trump for putting McConnell in a bind. Holding a vote “would split the GOP caucus and upset fiscally conservative voters,” the editors write. McConnell could instead opt to block a vote, but either way “it amounts to a Donald Trump in-kind contribution” to Schumer and Joe Biden. All of this also puts Georgia’s two GOP senators in danger of losing their runoffs, the editorial adds. If the GOP loses its majority, “Republicans across the country should know to thank Mr. Trump for their 2021 tax increase.”
  • Unfazed: Trump is keeping up the pressure. “$2000 for our great people, not $600!” he tweeted Tuesday morning. “They have suffered enough from the China Virus!!!”

I still do not see why billionaires needed subsidizing.

But the good news is the stim checks are said to go out on Tuesday…but they will be smaller than wanted….thanx to …..you guessed it….the Senate.

Stimulus payments are on the way, Steven Mnuchin says. The Treasury Secretary announced Tuesday that the first stimulus payments of up to $600 per person would be arriving in bank accounts within hours, the Hill reports. “These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week,” he tweeted. For those without government-registered bank accounts, “paper checks will begin to be mailed tomorrow,” he said, adding that starting later this week, people will be able to check their payment status at IRS.gov/CheckMyPayment.

“These payments are an integral part of our commitment to providing vital additional economic relief to the American people during this unprecedented time,” Mnuchin said in a statement, per CNBC. The Treasury Department says full payments of $600 per individual, $1,200 per couple, and $600 per child will be received by individuals with a gross adjusted income of $75,000 or less for 2019 and couples with an income of $150,000 or less. ” For filers with income above those amounts, the payment amount is reduced,” the department says. President Trump, congressional Democrats, and some GOP lawmakers have called for the payment to be raised to $2,000, but a vote on a measure to boost payments was blocked in the Senate Tuesday.

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More Stim News

After Trump renigged on his veto of the new economic stim package it has moved forward….and the peasants danced…..

But it looks like the GOP in Congress will yet work against the best interest of the American people…

House Democrats’ attempt to consider $2,000 stimulus checks has officially been blocked by their Republican colleagues in the lower chamber, despite President Donald Trump’s support for this very measure.

House Majority Leader Steny Hoyer on Thursday requested “unanimous consent” to pass a new bill guaranteeing these payments after Trump demanded that stimulus checks in the final coronavirus relief package be increased from $600 to $2,000. Trump’s request — an apparent political stunt — has now been blocked by members of his own party.

Because Hoyer asked for unanimous consent to bring the standalone bill to a vote, and Minority Leader Kevin McCarthy did not consent, the measure did not move forward. House Democrats plan to bring it up again for a recorded vote next Monday, when they are likely to face more GOP opposition. Senate Republican leadership hasn’t made any moves to consider the proposal, either.

https://www.vox.com/2020/12/24/22197748/stimulus-checks-2000-congress-trump-pelosi-mcconnell

As predicted the House did the right thing and now it will move to the Senate and we know what they think of most Americans….

The House voted Monday to send Americans who qualify $2,000, agreeing with President Trump that the $600 called for in the recently approved pandemic stimulus package is inadequate. Trump had threatened to veto that legislation, which included money to keep the government operating, before signing it Sunday night. The measure passed the House 275-134, the Washington Post reports, with 44 Republicans voting in favor and 130 against. Democrats tried to approve the higher amounts last week. “We could’ve passed the bill four days ago, but our colleagues on the other side went against the president’s wishes and blocked it,” said Democratic Rep. Richard Neal, chairman of the House Ways and Means Committee. But the legislation still has a long way to go.

The full Senate might not even consider the measure, Politico reports. Although a few Senate Republicans have endorsed the $2,000 payments, more have opposed the idea. Majority Leader Mitch McConnell hasn’t committed either way since Trump brought the issue up again. Minority Leader Chuck Schumer plans to bring the bill up Tuesday, but a single senator could block it. The measure would need 60 votes to pass, and a roll call vote could take days to schedule. President-elect Joe Biden said Monday he supports the idea; President Trump didn’t say anything Monday. Schumer addressed the president anyway in a news conference. “Talking is not enough,” he told Trump. “Act. Get on the phone and get those Republicans in the Senate to support $2,000 in relief.”

Any bets on the final results?

I Read, I Write, You Know

“lego ergo scribo”

Closing Thought–28Dec20

During this pandemic many Americans as well as the rest of the world has been struggling to make ends meet…..our government sent checks out to many Americans as an assistance as well as many for profit corporations got cash…..something I did not…but why would the government subsidize a sports team during the pandemic?

I know WTF?

Yep the government sent funds to a hockey team….

The Pittsburgh Penguins, an NHL team valued at $650 million, received a $4.82 million loan through the Paycheck Protection Program, part of the CARES Act passed at the beginning of the coronavirus pandemic. According to Larry Brooks at the New York Post, the hockey team was the only one of the 123 teams that make up the Big Four North American Men’s Sports Leagues (MLB, NFL, NBA and NHL) to get a loan from the aid program, which was supposed to help small businesses keep employees on the payroll.

Stim Bill Hits A Snag

But looks like it may be a good snag.

I was planning to focus on presidential pardon stuff today but this development is too important to pass on…..

We all have heard about the President playing politics about people should get $2000 in their forthcoming checks…..Trump decided that he would veto the spending bill because there were no checks for us mere mortals……well all that changed over the weekend….

After a delay of nearly a week, President Trump on Sunday night backed down, as many had begged him to do, and signed the COVID relief bill. That means the government won’t shut down, as would have happened had he not signed by Monday night, Politico reports. It also means Americans will start getting their relief checks—the $600 figure that Trump was not happy about—but CNBC reports that the House is voting to increase that figure to the $2,000 Trump wants, and Trump said Sunday night that the Senate will be voting on that as well. CNN accuses Trump of causing “chaos” with his delay, since unemployment aid lapsed before he signed. Trump was also not happy with what he called “pork” in the $1.4 trillion government funding bill that was passed alongside the $900 billion coronavirus relief bill, a point he addressed in a statement released Sunday night.

“I will sign the Omnibus and Covid package with a strong message that makes clear to Congress that wasteful items need to be removed. I will send back to Congress a redlined version, item by item, accompanied by the formal rescission request to Congress insisting that those funds be removed from the bill,” the statement says (Politico notes Congress does not need to abide by that request). “On Monday the House will vote to increase payments to individuals from $600 to $2,000,” the statement continues. “Additionally, Congress has promised that Section 230, which so unfairly benefits Big Tech at the expense of the American people, will be reviewed and either be terminated or substantially reformed. Likewise, the House and Senate have agreed to focus strongly on the very substantial voter fraud which took place in the November 3 Presidential election. The Senate will start the process for a vote that increases checks to $2,000, repeals Section 230, and starts an investigation into voter fraud.”

A bit of compromise…..something that is in short supply….but I do not trust the Congress to do the right thing or even the honest thing.

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Trump’s Final Days

In less than 30 days we will have a new president and the one heading out the door has doing all he can to make his remaining time be productive for his days out of the White House.

First he has made a comment about the new stim package…well part of the stim package that is…..the package calls for %600 per the people and Trump thinks it should be higher…..

President Trump has a complaint—and some of his fiercest critics are on his side this time. In video posted to Twitter Tuesday, the POTUS called the $600 figure arrived at by Congress for round two of coronavirus stimulus money “ridiculously low,” calling on lawmakers to bump it up to $2,000. The Washington Post reports Trump suggested he would not sign the legislation without changes, and Fox News reports that Nancy Pelosi, Alexandria Ocasio-Cortez, and Bernie Sanders were on board with that idea. Pelosi said “Democrats are ready to bring this to the Floor this week by unanimous consent,” while AOC said the amendment for $2,000 checks is “ready to go” and could be passed this week “if the Senate GOP agrees to stand down.” Sanders called on Trump to “get Mitch McConnell and your Republican friends to stop opposing it.”

Of course, that wasn’t Trump’s only complaint: He also slammed the bill as a “disgrace” full of “wasteful spending,” specifically calling out many line items. “It’s called the COVID relief bill but it has almost nothing to do with COVID,” he said. But, as PolitiFact explains, Congress actually passed a spending package: the $900 billion relief bill, plus a $1.4 trillion omnibus spending bill, which is where the funding for things like the arts and money for other countries comes in. Even so, others on the right were also none too happy: Trump “is right,” tweeted Sen. Josh Hawley. “[W]orkers deserve much more than $600, as I have repeatedly said & fought for. And there’s obviously plenty of $$ to do it – look at what Congress threw away on corporate giveaways & foreign buyouts.” The Post says congressional aides, as well as Trump’s own aides, were “stunned” at Trump’s video, which sent stock market futures down, particularly since they’ve been telling the media he would sign the bill.

I agree with Trump on this…..the cash is a joke….the waste of dollars for crap like Israel etc.

We all have been waiting for Donald the Orange to use his “mighty” pen and pardon all those people that would benefit him…..

President Trump on Tuesday pardoned 15 people, including Republican allies, a 2016 campaign official ensnared in the Russia probe, and former government contractors convicted in a massacre in Iraq. The pardons included former Republican Reps. Duncan Hunter and Chris Collins, the AP reports. Collins, the first member of Congress to endorse Trump to be president, was sentenced to two years and two months in federal prison after admitting he helped his son and others dodge $800,000 in stock market losses when he learned that a drug trial by a small pharmaceutical company had failed. Hunter was sentenced to 11 months in prison after pleading guilty to stealing campaign funds and spending the money on everything from outings with friends to his daughter’s birthday party. He was due to start serving the sentence next month.

Trump also pardoned former Rep. Steve Stockman, who started serving a 10-year sentence for crimes including fraud and money laundering in 2018, reports the New York Times. Trump also announced pardons for George Papadopoulos, his 2016 campaign adviser whose conversation unwittingly helped trigger the Russia investigation, and attorney Alex van der Zwaan, the first person convicted in the Mueller probe. In the group announced Tuesday night were four former government contractors convicted in a 2007 massacre in Baghdad that left more a dozen Iraqi civilians dead and caused an international uproar over the use of private security guards in a war zone. Supporters of the former Blackwater contractors had lobbied for pardons, arguing that the men had been excessively punished.

There is so much that needs doing before he leaves for the wilds of Mar-A-Logo…

For President Trump and his supporters, it’s another example of fake news. But a slew of reports about the White House paints a picture of a president pondering radical action over the next month in an attempt to stay in office. Days ago, reports circulated about Trump floating the idea of declaring martial law and having the military seize voting machines, a story Trump himself disavowed. But the reports keep coming. Coverage:

  • “We cannot stress enough how unnerved Trump officials are by the conversations unfolding inside the White House,” writes Jonathan Swan at Axios. He reports that Trump has lashed out against nearly everyone in his orbit, including Mike Pence, because he perceives them as weak for not fighting hard enough for him. “Top officials are trying to stay away from the West Wing right now,” writes Swan.
  • The Washington Post reports that the president is increasingly surrounding himself with a “ragtag group of conspiracy theorists, media-hungry lawyers and other political misfits” for the homestretch. The story quotes an unnamed senior administration official: “He is grasping at straws. If you come in and tell him he lost, and that it’s over, he doesn’t want to hear from you. He is looking for people to tell him what he wants to hear.”
  • At the conservative National Review, Jim Geraghty says it’s vital to keep Michael Flynn and attorney Sidney Powell away from Trump because they’re feeding him fringe views. Flynn, for example, has publicly encouraged the use of martial law, suggesting it’s not such a big deal. But Geraghty notes that while state and local governments have declared martial law after riots or disasters dozens of times, the last time the federal government did so was after the Pearl Harbor attack.
  • CNN has a scathing analysis by Stephen Collinson, who warns that “dead-end loyalists” are steering Trump wrong. “No one is sure where this is heading,” one unnamed official tells the outlet. “He’s still president for another month.” ABC News has a story by Ben Gittleson, who writes that Trump “is spending his dwindling days in office entertaining increasingly desperate, last-ditch schemes to overturn the results of the presidential election.”
  • Meanwhile, Politico reports that Trump met at the White House Monday to strategize with House conservatives on a long-shot challenge Jan. 6 when Congress meets to certify the Electoral College results. Rep. Mo Brooks says “dozens” of House Republicans and “multiple” senators are on board, though John Thune, the No. 2 Republican in the Senate, predicted the effort is going down “like a shot dog,” per the Hill.

Can this really end in 30 days or so?

I Read, I Write, You Know

“lego ergo scribo”

The Day Of The Longest Bill

WE have a new bill for stim to relieve the problems that the pandemic have caused…..and believe it or not this bill has 5,593 pages….money for the Air Force and Navy….money for the government to prevent a shutdown just before Christmas break…..oh yeah crumbs for us peons.

Congress passed a $900 billion pandemic relief package that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths. Lawmakers tacked on a $1.4 trillion catchall spending bill and thousands of pages of other end-of-session business in a massive bundle of bipartisan legislation as Capitol Hill prepared to close the books on the year. The bill approved Monday night went to President Trump for his signature, which was expected in the coming days, the AP reports. The relief package, unveiled Monday afternoon, sped through the House and Senate in a matter of hours. The Senate cleared the massive package by a 92-6 vote after the House approved the COVID-19 package by another lopsided vote, 359-53.

The bill combines coronavirus-fighting funds with financial relief for individuals and businesses. It would establish a temporary $300 per week supplemental jobless benefit and a $600 direct stimulus payment to most Americans, along with a new round of subsidies for hard-hit businesses, restaurants, and theaters and money for schools, health care providers and renters facing eviction. The 5,593-page legislation—by far the longest bill ever—came together Sunday after months of battling, posturing and postelection negotiating that reined in a number of Democratic demands as the end of the congressional session approached. Congress also approved a one-week stopgap spending bill to avert a partial government shutdown at midnight and give Trump time to sign the sweeping legislation.

In case you do not have the time to read the Russian novel that is the Covid relief bill let me break it down for you…..

the new COVID relief bill includes: – $4’000’000’000 for navy weapons – $2’000’000’000 for air force missiles – $500’000’000 for israel – tax breaks if you own a race horse – $600 for you

Glad to see that Israel gets their pound of American flesh……and that the war machine will not suffer….god forbid that the cash be spent where it is needed….on the American people.

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Another Inadequate Stim Package

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.”

https://www.commondreams.org/news/2020/12/20/600-not-enough-say-progressives-congressional-leaders-reach-covid-relief-deal

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.

https://www.commondreams.org/news/2020/12/18/after-billionaires-gained-1-trillion-wealth-says-sanders-it-not-radical-demand-more

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.

https://www.wsws.org/en/articles/2020/12/21/stim-d21.html

It equals a band-aid for a gun shot wound.

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