$150B for state and local goverments which they'll doubtless spend on earmarks for political cronies or police militarization for the inevitable civil unrest.
$350B for small businesses. Yeah, I'm sure mom and pop stores will see that money and not some regional retail mogul.
$500B for corporations-socialism for the rich, scraps for the poor.
Oh itβs in Pelosiβs hands now. We can expect the Democrats to drag this out past Easter now. Need to figure out some more ways they can slip garbage in to increase their power. Damn the needs of the American people, the Democrat party/media have more important priorities.
Frankly I'm tired of the politics concerning this issue. Money should be going out to people who need it now and the pork and issues unrelated to Corona should be discussed separately.
But regardless who is getting this money, it should be considered a loan, not a gift. Any person, business, corporation should be required to pay it back over a designated amount of time.
I would think Nancy would want Biden to be the one to bring in the higher minimum wage instead of try to do it in the stimulus bill. But maybe she doesn't think Biden will win and this is the only way right now.
So the Senate bill includes a section where Treasury Sec. Mnuchin can waive the limits on stock buybacks and executive compensation. There it fucking is. The only deterrent is that he'll have to tell Congress. Like he gives a shit.