Lawmakers already planning more coronavirus stimulus after $2T package

[mystery-ak]

Lawmakers already planning more coronavirus stimulus after $2T package
By Alexander Bolton - 03/27/20 07:02 PM EDT

Lawmakers are already planning another round of legislation aimed at keeping companies flush with capital and millions of workers on payrolls amid the coronavirus pandemic, even after passing a $2 trillion relief bill this past week, the largest stimulus of its kind in U.S. history.

The Senate plans to be on recess until April 20, and the House will take an extended break as well, though members say they could return sooner depending on how the economy reacts in the next few weeks.

Businesses, trade associations and state governments are already jockeying for more federal relief, calling the package that President Trump signed Friday a good “first step” but not enough to keep the economy on track if the coronavirus crisis extends beyond the end of April.

more
https://thehill.com/homenews/senate/489946-lawmakers-already-planning-more-coronavirus-stimulus-after-2t-package

[corbe]

After Three Coronavirus Stimulus Packages, Congress Already Prepping No. 4

Jacob M. Schlesinger, Joshua Jamerson 1 hr ago

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.

“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.

<..snip..>

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

[MOD8]

Merged Topics

[Formerly Once-Ler]

Yeah...I'm probably gonna need a couple thousand more too to pay my liquor bill for defending our President.

[Bigun]

Why not?? After all, it IS just magic money that get's created out of thin air, isn't it?
 

[Formerly Once-Ler]

Why not?? After all, it IS just magic money that get's created out of thin air, isn't it?

So I've been told.

https://www.rushlimbaugh.com/daily/2019/07/16/caller-wants-to-nominate-a-normal-republican/

RUSH: Nobody is a fiscal conservative anymore. All this talk about concern for the deficit and the budget has been bogus for as long as it’s been around.

[mystery-ak]

Democrats eye additional relief checks for coronavirus
https://thehill.com/policy/finance/489952-democrats-eye-additional-relief-checks-for-coronavirus

[skeeter]

Why not?? After all, it IS just magic money that get's created out of thin air, isn't it?

What a nightmare. The whole lot of congress should be taken out and shot. Shame on the president if he doesn't put a stop to this madness.

[Formerly Once-Ler]

Democrats eye additional relief checks for coronavirus
https://thehill.com/policy/finance/489952-democrats-eye-additional-relief-checks-for-coronavirus

the rats can only pass something in the House.  It will take McConnell's and Trump's approval to make it law.

[FeelNoPain]

So I've been told.

https://www.rushlimbaugh.com/daily/2019/07/16/caller-wants-to-nominate-a-normal-republican/

RUSH: Nobody is a fiscal conservative anymore. All this talk about concern for the deficit and the budget has been bogus for as long as it’s been around.

Are there any quotes of Rush having this cavalier attitude about the deficit between 2008-20016?

[Formerly Once-Ler]

Are there any quotes of Rush having this cavalier attitude about the deficit between 2008-20016?

You mean when the Kenyan President was running stuff?  I have not found any evidence.

[Chosen Daughter]

What a nightmare. The whole lot of congress should be taken out and shot. Shame on the president if he doesn't put a stop to this madness.

truth^

[txradioguy]

Of course they are.  Now that they've gotten the first one done with nary a cry of protest from the people and Congress...they're eager to do it again.

Because they know the outcome will be the same.

[txradioguy]

Are there any quotes of Rush having this cavalier attitude about the deficit between 2008-20016?

Nope. Not at anytime before that either.

[Free Vulcan]

Problem is were are bumping at the limits of being able to float more debt without economic consequence.

[Chosen Daughter]

Trump is probably very excited at the prospect.  Win, win when everyone gets money!!!!!

[dfwgator]

Trump is probably very excited at the prospect.  Win, win when everyone gets money!!!!!

[roamer_1]

Universal income, federal ownership of businesses... Rock-bottom prices, on plastic money.

If folks don't at least see that possibility coming, they are blind.

[txradioguy]

Problem is were are bumping at the limits of being able to float more debt without economic consequence.

And people won't care as long as they are getting something for nothing.

[txradioguy]

“When the people find that they can vote themselves money that will herald the end of the republic.”― Benjamin Franklin