House Republicans will stop President Trump s demand for $2,000 relief checks
House GOP Leader Kevin McCarthy said it would not happen
Nancy Pelosi said in a letter to Democrats Wednesday that Trump needs to demand GOP leaders back a unanimous consent request to increase aid checks Just when you think you ve seen it all, the President said that he would possibly veto the bicameral agreement negotiated between Republicans and Democrats
Trump released a video on Twitter Tuesday night suggesting he would veto the massive bill unless direct payments were increased from $600 to $2,000
McCarthy said he talked to Trump and the president is not committed to veto
Sen. Rand Paul, R-Ky., took to the Senate floor on Monday to deliver a historic speech, slamming his Republican colleagues for selling-out to the cult of the
Magic Money Tree, and that they were no better than “Democratic socialists” for wanting to spend the next generation’s wealth. Senators were preparing to vote for a $900 billion Coronavirus Relief package bill.
Some aid is apparently ear-marked for SME’s and hard-hit hospitality businesses, but it’s unlikely this money will only go to a fraction of those who need it.
Paul took Washington lawmakers to task over their currency-killing fantasy economics, and warning of the monetary fallout from this unprecedented debt-financed spending spree.
Let s do this! : Pelosi AGREES with Trump after he threatened to VETO relief bill unless Congress increases checks from $600 to $2,000 - as Dems reveal Christmas Eve measure that will see amount boosted as long as no lawmaker objects
Trump tweets address from the White House almost 24 hours after Congress overwhelmingly passes massive COVID relief and spending package
The twin bills come with $900 billion of economic aid, including $600 checks for most people, and $300-a-week unemployment boost
The spending portion keeps the government from shutting down
They passed the House 359-53 in the House and the Senate 91-7 - both veto-proof figures
Dec 22, 2020 Let Them Eat Cake: Congress Approves a $900 Billion Stimulus Package, Billions in Pork Funds, Federal Employees Get a Raise
The United States Congress has approved a $900 billion Covid-19 relief package that’s tethered to the government’s $2.3 trillion year-end funding plan. Of course, talks of Americans getting $600 checks have started to circulate online, but reports also include the discussions of unwarranted spending and unlimited pork funds.
$600 Is the Equivalent of Marie Antoinette’s: ‘Let Them Eat Cake’
As soon as mainstream media news outlets started reporting on the fact that the U.S. Congress has approved a $900 billion Covid-19 relief package, Americans started talking about the $600 check they may get. The commentary toward politicians was less than pleasant and on Twitter, the phrase commonly attributed to Marie Antoinette, “Let them eat cake” was trending during the last 24 hours.
Rand Paul Goes Viral Open the Economy
Editorial of The New York Sun |
December 22, 2020
https://www.nysun.com/editorials/rand-pauls-warning-open-the-economy/91375/
Senator Rand Pauls speech opposing the latest emergency spending bill started going viral, we gather, even before it was over. It echoed the warnings of his famous father and will go down as a Paulian classic. Its a challenge to Modern Monetary Theory, which reckons the government can keep creating fiat dollars out of thin air. Wed like to think it will mark one of the debates as Americans work their way to 2024.
The measure Dr. Paul was opposing is a vast, $2.3 trillion spending measure. It includes a not only $900 billion Covid relief bill but a $1.4 trillion spending bill that was unveiled at the 11th hour to tide the government over for a bit. It reminds us of Senator Everett Dirksens line about how a billion here and a billion there starts to add up to real money. Except now its trillions.