$2.2T, Now Pelosi wants a fourth stimulus pkg.

[Pauls' Revere]

https://www.nbcnews.com/politics/congress/pelosi-says-she-doesn-t-think-we-ve-seen-end-n1169596

The speaker said, “I anticipate and feel certain that we will have a strong bipartisan vote” on the third aid bill that passed out of the Senate unanimously. But she added, “We have to do more.”

Pelosi said House Democrats plan to take the lead on the fourth installment of economic and health care relief, although she added that any negotiations should include the GOP leadership of the House and Senate, as well as Senate Democratic leadership.:redflag:

[Pauls' Revere]

https://media1.giphy.com/media/xUNd9LZSD0xSyKWCeQ/200.webp?cid=ecf05e471b74c95fb3aedcf705ca1b20c1978 46579dc94dd&rid=200.webp

https://media0.giphy.com/media/fy7Du6o8HHPEI/giphy.gif?cid=ecf05e47972c432544a3160bc7e36be61c3d 1bb33019784e&rid=giphy.gif

[oyarde]

Fourth installment ? WTF

[Pauls' Revere]

Fourth installment ? WTF

Yep, and the ink hasn't dried from the the bill they just signed! Lets see if happens.

[Pauls' Revere]

https://www.msn.com/en-us/news/politics/after-three-coronavirus-stimulus-packages-congress-already-prepping-no-4/ar-BB11RWDV?ocid=msedgntp

As lawmakers last week completed a record-shattering economic-rescue package estimated at $2 trillion, Senate Minority Leader Chuck Schumer (D., N.Y.) predicted: “This is certainly not the end of our work here in Congress—rather the end of the beginning.”

Legislators from both parties, administration officials, economists, think tanks and lobbyists are already roughing out the contours of yet another emergency-spending package—perhaps larger than the last—to try to keep the coronavirus crisis from turning into a 21st-century Great Depression. Many expect the debate to begin in earnest by late April.

[Pauls' Revere]

“There’s talk of a multi-trillion-dollar program, given the size of the shutdown,” says Stephen Moore, a fellow at the conservative Heritage Foundation. “There’s a general recognition that we need something big to get some juice into the economy,” adds Mr. Moore, an outside economic consultant to the Trump administration and some congressional Republicans.

The ideas being floated include extending last week’s package to make the benefits last longer, as well as plugging in likely holes in the hastily assembled bill. One item in particular cited by both President Trump and Democratic leaders is a desire for more money to shore up state government budgets collapsing under lost tax revenues and new spending demands.


Phase one, which President Trump signed March 3, provided $8.3 billion in fresh funds for health agencies and testing, and for small-business loan subsidies. Phase two, enacted March 18 and worth about $100 billion, had tax credits for employers offering paid sick leave, and increases to unemployment benefits and food assistance. The phase-three package of roughly $2-trillion, completed Friday, includes checks to households, bailouts for airlines and other distressed industries, and loans and grants for small business.

[oyarde]

Pelosi is working on more health care spending , more food stamps and pension relief are the rumors.

[jmdrake]

https://media1.giphy.com/media/xUNd9LZSD0xSyKWCeQ/200.webp?cid=ecf05e471b74c95fb3aedcf705ca1b20c1978 46579dc94dd&rid=200.webp

https://media0.giphy.com/media/fy7Du6o8HHPEI/giphy.gif?cid=ecf05e47972c432544a3160bc7e36be61c3d 1bb33019784e&rid=giphy.gif

Stimulus package? Like a drug? Or a vibrator? Like any drug the more you take the more you need for the same effect. The solution to this problem is get enough test kits to find out who's sick, provide masks, gloves and goggles for the people who aren't sick, and let the country get back to work and to school. But naw...that makes too much sense.

[JoshLowry]

https://media.giphy.com/media/VTxmwaCEwSlZm/200.gif

[jmdrake]

https://media.giphy.com/media/VTxmwaCEwSlZm/200.gif

All of the fear mongers, including some on this forum, that are endorsing the fake shelter in place "solution" are to blame. With the economy shut down we are given the false choice of propping it up with more fake money.

[bv3]

How much of this lucre is going to rebuilding the country's manufacturing capabilities? Isn't that the real lesson here: that it is the zenith of myopia to rely on other nations to produce the vast majority of our consumer goods?

[fisharmor]

How much of this lucre is going to rebuilding the country's manufacturing capabilities? Isn't that the real lesson here: that it is the zenith of myopia to rely on other nations to produce the vast majority of our consumer goods?
So that's what this site is now: spend federal money on manufacturing?

[bv3]

So that's what this site is now: spend federal money on manufacturing?

Much better it is given to bureaucrats. Certainly. And no, I don't speak for this site. This path was laid a long time ago. If we are going to inflate the hell out of the currency, may as well get something good for that crime.

Fish the point is: They are eager to spend federal money on entitlements, bureaucracy, and bailouts but will not spend it doing something that might actually improve the domestic economy. Do you think that an end to regulations and taxation would suffice at this late hour? Further more: what federal money? The feds (and the FED) don't have any money but what they've stolen.

[oyarde]

Much better it is given to bureaucrats. Certainly. And no, I don't speak for this site. This path was laid a long time ago. If we are going to inflate the hell out of the currency, may as well get something good for that crime.

Fish the point is: They are eager to spend federal money on entitlements, bureaucracy, and bailouts but will not spend it doing something that might actually improve the domestic economy. Do you think that an end to regulations and taxation would suffice at this late hour? Further more: what federal money? The feds (and the FED) don't have any money but what they've stolen.

Best part is they don't even have the stolen money . No social security money , no medicare or Medicaid monies . Zilch . They were taking in record tax revenue and spending a trillion a year more than that along with all the pension money. Every cent the treasury gets is gone within a couple weeks of arriving. So they just create more out of thin air .

[CoastieInColorado]

Guess that $57,000 raise they voted themselves in the last one wasn't enough?

[bv3]

Best part is they don't even have the stolen money . No social security money , no medicare or Medicaid monies . Zilch . They were taking in record tax revenue and spending a trillion a year more than that along with all the pension money. Every cent the treasury gets is gone within a couple weeks of arriving. So they just create more out of thin air .

Which all leads me to believe that this wasn't an accident. This situation wasn't the result of stupidity, naivety, misguided faith. Oh, no, this here was deliberate.