The bottom line as always
is money
(DEMS: Lots of Benjamin$; GOP: Only Lin¢olns)
“Senate stimulus bill vote today: Five things that
could happen with another relief package”
Introduction and Highlights: The Senate will vote Thursday on a new skinny coronavirus package that Republicans are
pushing to pass in lieu of, or perhaps in addition to, a larger stimulus bill that includes more funding for
coronavirus relief programs – and a second stimulus check.
There's doubt the narrower
bill, which does not include another direct payment to eligible Americans, but which does
contain a provision for unemployment benefits, will pass the Senate and it's
roundly expected the House of Representatives will block it if it does. Yet it
could potentially spur negotiations on a larger check to resume.
Two Key Points: The two sides are inching closer to agreement, but
are still a long way off, with the White House hinting it could go up to $1.5 trillion while the Democrats have also come
down from their initial $3 trillion proposal to $2.2 trillion.
With the presidential election about two months away, both
sides are under increasing pressure to produce more aid.
Here are five scenarios that could happen with the
stimulus package in the coming days and weeks – click
story link for details on each point:
1. A
series of small bills could pass.
2. Skinny
bill could fail and a single large relief bill might pass.
3. EO’s
could be issued instead of, or in addition to, a bill.
4. Relief
might go on hold until after the election.
5. If
no additional action is taken:
Then there is a serious impact for further domestic
damage like:
Unemployment remains at staggeringly high levels and
a housing crisis looms on the horizon.
If no action is taken on a
relief package, individual bills or executive orders, it could potentially
cause the economy to plunge into a deeper recession, as economists say the damage already
done is beginning to mirror the Great Recession of the late 2000's.
For more information,
here's how soon you might get your second stimulus check and
what to know about the HEALS, CARES, and Heroes stimulus bill proposals that
could help inform a final package.
My 2 cents: We are the edge of a huge chasm… lives are at stake but if
you listen to the “debate” (arguing really), then the big concern is about
political lives at stake and that in my opinion should be last on any list.
Inaction is a major cause here and we all know that Trump loves the “Art
of the Deal” or as usual as we’ve seen in 3.6 years: “Art of the Con.”
And then add in Sen. Mitch McConnell (R-KY) Senate Majority “leader”
and well the Grinch is right in our national face.
This is sad politicians playing raw partisan BS with American lives and the economy and the national future at stake and still so many want to strut around showing what
asses they truly are … hate to be harsh, but it’s the truth. Time tell but for
many time is running out.
Please contact your Senator and tell them to get busy and stand up and
for America that they always make fancy speeches about. They must put up or
shut up and get out.
Thanks for stopping by.
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