Pelosi unveiling House plan @ 2pm, posts some details

Anonymous
Anonymous wrote:https://www.speaker.gov/newsroom/32320

On bailouts: no CEO pay, no share buybacks, no layoffs; grants for small biz; will give payments to laid off workers

On elections:
"For our Democracy: Ensures that states can carry out this year’s election with billions in grant funding for states through the Election Assistance Commission and a national requirement for both 15 days of early voting and no-excuse absentee vote-by-mail, including mailing a ballot to all registered voters in an emergency."


Fraud city
Anonymous
The stimulus phases out at $115K per person / $230K for married couples.

The legislation says:
"The amount of a payment under subparagraph (A) shall be reduced (but not below zero) by 5 percent of so much of the individual’s adjusted gross income as exceeds $75,000. The Secretary of the Treasury shall adjust such amount as appropriate to account for individuals filing joint returns."

So if someone makes $110K/year:
$110K - 75K = $35K
$35K * 5% = $1,750
$2000 - $1750 = $250

They would get a monthly stimulus for $250, delivered either to their digital wallet or in a paper check.
Anonymous
Anonymous wrote:Dem proposal:

-Federal Reserve to create a "digital dollar wallet" for any person that wants one. The Fed will become a consumer bank.
-$2K per adult, $1K per child. $75K income limit for full payment, with phase out above that equal to 5% of additional income
-Payments to be give via digital wallet or check


My family doesn’t qualify, but what’s the interest in giving kids a 1,000$ payout?
Anonymous
Anonymous wrote:
Anonymous wrote:Dem proposal:

-Federal Reserve to create a "digital dollar wallet" for any person that wants one. The Fed will become a consumer bank.
-$2K per adult, $1K per child. $75K income limit for full payment, with phase out above that equal to 5% of additional income
-Payments to be give via digital wallet or check


My family doesn’t qualify, but what’s the interest in giving kids a 1,000$ payout?


You do realize we are staring down the abyss of deflation right now? 30% unemployment in one month and nearly the entire collapse of private demand. The government has to essentially fill void in private sector demand otherwise nearly all small businesses in the US will be bankrupt within 2 months.

The point is to stimulate the hell out of the economy. And also to get kids investing in 529 accounts to boost the market.

MikeL
Member Offline
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Idiot Democrats.

They're proposing that all Americans recieve their full regular paycheck saries from the govt until this is over. Utterly insane. Dems want it so that no American has to sacrifice anything during a hardship. The Greatest Generation is rolling in their graves at the Dem proposal. People had to suffer through the Great Depression for Christ's sake, yet Democrats don't want people to have to endure any difficulties. Too bad. We all have to sacrifice. The Democrats' proposal will blow up the budget for years with mind warping amounts of debt. If you think this is bad, wait until the piper has to get paid for the Democrats' proposals and severe austerity measures are needed. Yes, we need an emergency spending bill, but it isn't carte blanche to spend unlimited amounts of money so that no one has to feel pain. We cannot allow the entire solvency of the country and financial health of the US to be as risk for generations upon generations of future Americans to be jeopardized because we are all too much of a wuss to endure any pain. Wait until the world drops the dollar as the preferred currency because we are too indebted. Now THAT would be real pain. Absolutely no one should be guaranteed their full salary in Uncle Sam's tab. Phase in spending and add more if needed until it is over. Demanding unlimited money is idiotic.

Oh STFU! You are exactly why we are in this sh!t right now. Shut.it.up! No one wants to hear it.



Blow me...

You moronic democrats are extremely selfish and give ZERO Fs about the financial health of the country for our children. Spend unlimited amounts of money now so everyone feels comfy. Ruin the country for our kids for generations. Moron.

So you are all for letting Mnuchin hand out $500 billion secretly to companies, but not helping the average wage earner?
Anonymous
Love how there are no problems with deficit spending when it is corporate tax cuts that they don’t even need, but god forbid there is any spending to help out the average person.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Idiot Democrats.

They're proposing that all Americans recieve their full regular paycheck saries from the govt until this is over. Utterly insane. Dems want it so that no American has to sacrifice anything during a hardship. The Greatest Generation is rolling in their graves at the Dem proposal. People had to suffer through the Great Depression for Christ's sake, yet Democrats don't want people to have to endure any difficulties. Too bad. We all have to sacrifice. The Democrats' proposal will blow up the budget for years with mind warping amounts of debt. If you think this is bad, wait until the piper has to get paid for the Democrats' proposals and severe austerity measures are needed. Yes, we need an emergency spending bill, but it isn't carte blanche to spend unlimited amounts of money so that no one has to feel pain. We cannot allow the entire solvency of the country and financial health of the US to be as risk for generations upon generations of future Americans to be jeopardized because we are all too much of a wuss to endure any pain. Wait until the world drops the dollar as the preferred currency because we are too indebted. Now THAT would be real pain. Absolutely no one should be guaranteed their full salary in Uncle Sam's tab. Phase in spending and add more if needed until it is over. Demanding unlimited money is idiotic.

Oh STFU! You are exactly why we are in this sh!t right now. Shut.it.up! No one wants to hear it.



Blow me...

You moronic democrats are extremely selfish and give ZERO Fs about the financial health of the country for our children. Spend unlimited amounts of money now so everyone feels comfy. Ruin the country for our kids for generations. Moron.


Sorry - did I miss the part where the government has secretly been controlled by a shadow Democrat president and Congress for the last three-odd (very odd) years?

I could have sworn your One True Lord Donald J Trump was the one taking all the credit when things were good with the stock market up until a few weeks ago. Did he suddenly realize that no, he was never president - it was someone else all along? What happened?

It's so weird, too, how I remember Obama bringing us back from the last collapse during - wait, whose tenure was it was it? Democrat George W Bush?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Idiot Democrats.

They're proposing that all Americans recieve their full regular paycheck saries from the govt until this is over. Utterly insane. Dems want it so that no American has to sacrifice anything during a hardship. The Greatest Generation is rolling in their graves at the Dem proposal. People had to suffer through the Great Depression for Christ's sake, yet Democrats don't want people to have to endure any difficulties. Too bad. We all have to sacrifice. The Democrats' proposal will blow up the budget for years with mind warping amounts of debt. If you think this is bad, wait until the piper has to get paid for the Democrats' proposals and severe austerity measures are needed. Yes, we need an emergency spending bill, but it isn't carte blanche to spend unlimited amounts of money so that no one has to feel pain. We cannot allow the entire solvency of the country and financial health of the US to be as risk for generations upon generations of future Americans to be jeopardized because we are all too much of a wuss to endure any pain. Wait until the world drops the dollar as the preferred currency because we are too indebted. Now THAT would be real pain. Absolutely no one should be guaranteed their full salary in Uncle Sam's tab. Phase in spending and add more if needed until it is over. Demanding unlimited money is idiotic.

Oh STFU! You are exactly why we are in this sh!t right now. Shut.it.up! No one wants to hear it.



Blow me...

You moronic democrats are extremely selfish and give ZERO Fs about the financial health of the country for our children. Spend unlimited amounts of money now so everyone feels comfy. Ruin the country for our kids for generations. Moron.

STFU, corporate socialist.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Dem proposal:

-Federal Reserve to create a "digital dollar wallet" for any person that wants one. The Fed will become a consumer bank.
-$2K per adult, $1K per child. $75K income limit for full payment, with phase out above that equal to 5% of additional income
-Payments to be give via digital wallet or check


My family doesn’t qualify, but what’s the interest in giving kids a 1,000$ payout?


You do realize we are staring down the abyss of deflation right now? 30% unemployment in one month and nearly the entire collapse of private demand. The government has to essentially fill void in private sector demand otherwise nearly all small businesses in the US will be bankrupt within 2 months.

The point is to stimulate the hell out of the economy. And also to get kids investing in 529 accounts to boost the market.



DP. Sooner than that. Unless there's something more that's specifically about small businesses?
Anonymous
Anonymous wrote:
Anonymous wrote:https://www.speaker.gov/newsroom/32320

On bailouts: no CEO pay, no share buybacks, no layoffs; grants for small biz; will give payments to laid off workers

On elections:
"For our Democracy: Ensures that states can carry out this year’s election with billions in grant funding for states through the Election Assistance Commission and a national requirement for both 15 days of early voting and no-excuse absentee vote-by-mail, including mailing a ballot to all registered voters in an emergency."


Fraud city

Washington and Oregon have conducted elections exclusively via mail for years and years.
Anonymous
MikeL wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Idiot Democrats.

They're proposing that all Americans recieve their full regular paycheck saries from the govt until this is over. Utterly insane. Dems want it so that no American has to sacrifice anything during a hardship. The Greatest Generation is rolling in their graves at the Dem proposal. People had to suffer through the Great Depression for Christ's sake, yet Democrats don't want people to have to endure any difficulties. Too bad. We all have to sacrifice. The Democrats' proposal will blow up the budget for years with mind warping amounts of debt. If you think this is bad, wait until the piper has to get paid for the Democrats' proposals and severe austerity measures are needed. Yes, we need an emergency spending bill, but it isn't carte blanche to spend unlimited amounts of money so that no one has to feel pain. We cannot allow the entire solvency of the country and financial health of the US to be as risk for generations upon generations of future Americans to be jeopardized because we are all too much of a wuss to endure any pain. Wait until the world drops the dollar as the preferred currency because we are too indebted. Now THAT would be real pain. Absolutely no one should be guaranteed their full salary in Uncle Sam's tab. Phase in spending and add more if needed until it is over. Demanding unlimited money is idiotic.

Oh STFU! You are exactly why we are in this sh!t right now. Shut.it.up! No one wants to hear it.



Blow me...

You moronic democrats are extremely selfish and give ZERO Fs about the financial health of the country for our children. Spend unlimited amounts of money now so everyone feels comfy. Ruin the country for our kids for generations. Moron.

So you are all for letting Mnuchin hand out $500 billion secretly to companies, but not helping the average wage earner?



You dimocrats fail to understand that it is part of a multipronged approach. You're absolutely damn right business needs to be bailed out. If we do nothing there will be NO JOBS for people to go back to once this is over. Stimulus money will also be given to individuals, but that doesn't mean unlimited amounts of spending should happen. People will have to sacrifice. We cannot let the country become insolvent because no one wanted to give up their cushy lifestyles temporarily. Have you seen how bad Greece got? That's the path we are headed on. Stop trying to attach economic relief to insane AOC Green New Deal initiatives and diversities of corporate board, which have nothing to do with fighting a pandemic. Democrats are going to absolutely pounded at the polls once the public learns they're suffering more than they need to because Democrats are trying to jam through insane Social Justice initiatives attached to the bill. The voters will take it out on Democrats for starting The Great Depression 2.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:over 1000 pages. This is her dream to get her radical agenda passed. What does a diverse corporate board have to do with a pandemic package? What does minimum wage have to do with it? Lots and lots more. Terrible move on her part. The sad part is that it will likely work. Blackmail.


It will break the stranglehold of dipsh#ts promoting their frat brothers into the C-suite and then begging the taxpayers for a bail-out. A diversity requirement is fine by me if it means they won't fleece taxpayers again.

You don't want restrictions? Don't beg Congress for money because you blew all your savings like drunk, whoring sailors.


You really don't get that this is not the time for this kind of bill. This has nothing to do with helping people out of a pandemic. YOU just don't care. And, a diversity bill will do nothing to stop fleecing taxpayers. Greed is common across all races.


Yes it does. We learned from TARP what parts worked and what didn't. Why make the same mistakes again?
Anonymous
Anonymous wrote:
Anonymous wrote:https://www.speaker.gov/newsroom/32320

On bailouts: no CEO pay, no share buybacks, no layoffs; grants for small biz; will give payments to laid off workers

On elections:
"For our Democracy: Ensures that states can carry out this year’s election with billions in grant funding for states through the Election Assistance Commission and a national requirement for both 15 days of early voting and no-excuse absentee vote-by-mail, including mailing a ballot to all registered voters in an emergency."


Fraud city

You sound desperate.
Anonymous
Anonymous wrote:
MikeL wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Idiot Democrats.

They're proposing that all Americans recieve their full regular paycheck saries from the govt until this is over. Utterly insane. Dems want it so that no American has to sacrifice anything during a hardship. The Greatest Generation is rolling in their graves at the Dem proposal. People had to suffer through the Great Depression for Christ's sake, yet Democrats don't want people to have to endure any difficulties. Too bad. We all have to sacrifice. The Democrats' proposal will blow up the budget for years with mind warping amounts of debt. If you think this is bad, wait until the piper has to get paid for the Democrats' proposals and severe austerity measures are needed. Yes, we need an emergency spending bill, but it isn't carte blanche to spend unlimited amounts of money so that no one has to feel pain. We cannot allow the entire solvency of the country and financial health of the US to be as risk for generations upon generations of future Americans to be jeopardized because we are all too much of a wuss to endure any pain. Wait until the world drops the dollar as the preferred currency because we are too indebted. Now THAT would be real pain. Absolutely no one should be guaranteed their full salary in Uncle Sam's tab. Phase in spending and add more if needed until it is over. Demanding unlimited money is idiotic.

Oh STFU! You are exactly why we are in this sh!t right now. Shut.it.up! No one wants to hear it.



Blow me...

You moronic democrats are extremely selfish and give ZERO Fs about the financial health of the country for our children. Spend unlimited amounts of money now so everyone feels comfy. Ruin the country for our kids for generations. Moron.

So you are all for letting Mnuchin hand out $500 billion secretly to companies, but not helping the average wage earner?



You dimocrats fail to understand that it is part of a multipronged approach. You're absolutely damn right business needs to be bailed out. If we do nothing there will be NO JOBS for people to go back to once this is over. Stimulus money will also be given to individuals, but that doesn't mean unlimited amounts of spending should happen. People will have to sacrifice. We cannot let the country become insolvent because no one wanted to give up their cushy lifestyles temporarily. Have you seen how bad Greece got? That's the path we are headed on. Stop trying to attach economic relief to insane AOC Green New Deal initiatives and diversities of corporate board, which have nothing to do with fighting a pandemic. Democrats are going to absolutely pounded at the polls once the public learns they're suffering more than they need to because Democrats are trying to jam through insane Social Justice initiatives attached to the bill. The voters will take it out on Democrats for starting The Great Depression 2.


But McConnell did a generous thing on Friday and put a check in my pocket and saved my business?

Maybe he did in Opposite Land.
Anonymous
Anonymous wrote:Idiot Democrats.

They're proposing that all Americans recieve their full regular paycheck saries from the govt until this is over. Utterly insane. Dems want it so that no American has to sacrifice anything during a hardship. The Greatest Generation is rolling in their graves at the Dem proposal. People had to suffer through the Great Depression for Christ's sake, yet Democrats don't want people to have to endure any difficulties. Too bad. We all have to sacrifice. The Democrats' proposal will blow up the budget for years with mind warping amounts of debt. If you think this is bad, wait until the piper has to get paid for the Democrats' proposals and severe austerity measures are needed. Yes, we need an emergency spending bill, but it isn't carte blanche to spend unlimited amounts of money so that no one has to feel pain. We cannot allow the entire solvency of the country and financial health of the US to be as risk for generations upon generations of future Americans to be jeopardized because we are all too much of a wuss to endure any pain. Wait until the world drops the dollar as the preferred currency because we are too indebted. Now THAT would be real pain. Absolutely no one should be guaranteed their full salary in Uncle Sam's tab. Phase in spending and add more if needed until it is over. Demanding unlimited money is idiotic.


2000/mo for people making under 75k is not full regular paycheck. The fact is, a huge number of people are immediately out of work. we can either provide a stipend so they can get food and medicine or, we can have them rioting in the streets and looting and stealing out of desperation. I guess you prefer the latter?
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