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Home Front: Politix
House Democrats pass sweeping $1.9T COVID-19 relief bill with minimum wage hike
2021-02-27
[The Hill] House Democrats passed their sweeping $1.9 trillion coronavirus aid package in a party-line vote early Saturday morning, advancing President Biden’s top legislative priority.

Lawmakers passed the bill 219-212, with two Democrats — Reps. Jared Golden (Maine) and Kurt Schrader (Ore.) — joining all Republicans in voting against it. Democrats could only afford up to four defections with their narrow House majority.

The bill's passage comes days after the COVID-19 death toll in the U.S. surpassed 500,000 people while more contagious virus variants remain a threat to containing the pandemic.

Lawmakers are hoping to build on the momentum from vaccines gradually reaching people to end the global pandemic that’s shaken up American life for most of the past year.

The relief package now heads to the Senate, where Democrats are expected to amend it next week and send it back to the House for approval before unemployment insurance benefits expire on March 14.
Posted by:Besoeker

#4  Introducing the US to hyperinflation so it can feel even MORE like Venezuela. This it the looting stage before the collapse of the public trust in fiat money. At the end of the second Bush administration the national debt was pegged at somewhere around 11 trillion (roughly 70+% of annual GDP). Today, north of 30 trillion, or roughly twice normal GDP (old measure). That is like having a credit card bill of $140,000 if you are an average American family. Now, at 1% interest, the annual interest charges alone will devour all of the defense budget, and if rates start to return to historic norms, we become the modern Weimar Republic. 12 years and debt tripled. In a grownup world we would have jailed every single member of government and Congress who had a hand in this debacle. They have stolen our children's future.....
Posted by: NoMoreBS   2021-02-27 14:40  

#3  Mouse Radio told me the only way Big Corp will go back to "normal" is to be OK with this bill.

I'm putting my chips down on Pre-emptive Bailout for Big Corp to Go Along With Minimum Wage Scheme.

If correct, their plan isn't to change or centralize the economy, but nuke it and rule over what is left.
Posted by: swksvolFF   2021-02-27 14:26  

#2  I with they would stop calling it a COVID relief bill. It's a Pork bill. Only about 10% goes to covid relief - the rest to pork right?
Posted by: CrazyFool   2021-02-27 12:22  

#1  Maybe it'll be as useful as $600 billion before the election. Inflation, you know!
Posted by: Bobby   2021-02-27 11:43  

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