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-Land of the Free
Why you shouldn't care if the next COVID stimulus doesn't happen
2021-02-23
Only $825 billion goes to actual COVID-related items. $1 trillion is for pork and pet projects.
[Legal Insurrection] Is anyone shocked the $1.9 trillion COVID-19 bill has little to do with the virus? These bills allow lawmakers to shove in pet projects and pork.

The Republican Study Committee (RSC), the largest Republican caucus in the House, wrote a playbook that outlines the hidden factors to inform the voters.

The COVID bill hands out:

  • $75 billion for medical supplies, testing, treatments, and vaccinations

  • $19 billion for public health: state health departments and community health centers

  • $7.2 billion for Paycheck Protection Program (PPP)

  • $15 billion for economic injury disaster loans

  • $26 billion to bars, live venues, and restaurants

  • $15 billion airlines payroll support

  • The bill also raises unemployment to $400 a week. This rewards 53% of Americans "for being unemployed" and can last for a year and a half

The CBO predicts the unemployment changes could "increase deficits by $246 billion." Plus, people staying unemployed for almost 16 months "could increase the unemployment rate as well as decrease labor force participation."

Then there’s the $413 billion in relief checks. Democrats want to send "$1,400 per man, woman and dependent, that begins phasing out at $75,000 of individual income."
Posted by:M. Murcek

#2  Who was really surprised to learn that the new COVID stimulus was mostly to Buy Dung?
Posted by: Knuckles Fluper5134   2021-02-23 12:04  

#1  
Posted by: Chunky and Tenille4489   2021-02-23 08:36  

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