Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Where's the bill? Full text of stimulus hasn't been released but vote is expected today

«134

Comments

  • LebamDawg
    LebamDawg Member, Swaye's Wigwam Posts: 8,844 Swaye's Wigwam
    https://www.forbes.com/sites/adamandrzejewski/2020/03/26/is-there-wasteful-spending-in-the-coronavirus-stimulus-bill/#32cab41e60ae

    Boy did the Senate shred Pelosi's demands

    A quick spotlight on agencies receiving coronavirus recovery in the Senate bill includes:

    $88 million to the Peace Corps for “evacuating volunteers and U.S. direct hires from overseas.” The agency just fired all of their 7,300 volunteers working in 61 countries on March 15. The Pelosi bill allocated $90 million.
    $250 million to the Internal Revenue Service (IRS). The subsidy would cover “taxpayer services,” “enforcement,” and “operations support.” The Pelosi bill provided $602 million.
    $350 million to the State Department for “migration and Refugee Assistance.” This funding would help minimize the virus spread in vulnerable populations. The Pelosi bill earmarked $300 million.
    $400 million to the federal Election Assistance Commission to assist the states with “election security grants.” The Pelosi bill provided $4 billion.
    $30.8 billion to the Department of Education for “state Fiscal Stabilization Fund” that provides grants to support of elementary and secondary education ($13.5 billion), Higher Ed ($14.25 billion), and State flexibility grants ($3 billion). The Pelosi bill asked for $50 billion.
  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 Standard Supporter
    And it still won't do much.
  • RoadTrip
    RoadTrip Member, Swaye's Wigwam Posts: 8,253 Founders Club
    I just heard an interview with Mark Cuban who said this bill includes loans to small businesses which will not be required to pay back. Can any of you confirm this? He said every small business owner in the country needs to take advantage of this immediately. I don't need to take a loan to keep my employees paid or pay for normal business expenses but if I can get some free government cheese, then hell yes I want to take advantage of that.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,556 Standard Supporter

    I just heard an interview with Mark Cuban who said this bill includes loans to small businesses which will not be required to pay back. Can any of you confirm this? He said every small business owner in the country needs to take advantage of this immediately. I don't need to take a loan to keep my employees paid or pay for normal business expenses but if I can get some free government cheese, then hell yes I want to take advantage of that.

    Guessing there is a payback schedule that is very, very lenient - like many years at not many interest points.

    FREE MONEY!

  • Pitchfork51
    Pitchfork51 Member Posts: 27,680
    As a white person, should I really be receiving anything?
  • ThomasFremont
    ThomasFremont Member Posts: 13,325
    Have fun with your free money, “conservatives”
  • RoadTrip
    RoadTrip Member, Swaye's Wigwam Posts: 8,253 Founders Club

    Have fun with your free money, “conservatives”

    Worthless cunts like you haven't paid a fraction of what I have into the system. Fuck off
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,556 Standard Supporter
    edited March 2020

    Have fun with your free money, “conservatives”

    If the govt hadn’t shut it all down, probably no need. But since it’s there, take it. Gives the medium to marginal performers a shot to live to fight another day. Like classic liberalism, conservatism is dying if not dead.

    It’s gonna play havoc with rates and inflation medium- and long-term; but absent a killer balance sheet and loads of cash in the bank, most businesses can’t sustain a month or more of revenue and disruption of their supply chain.