The Briefing Room

General Category => Economy/Business => Topic started by: catfish1957 on December 01, 2020, 01:16:34 PM

Title: Lawmakers introduce bipartisan C-19 relief proposal with uncertain future in Congress.(Hint: $ 980B)
Post by: catfish1957 on December 01, 2020, 01:16:34 PM
(https://cdni.rt.com/files/2020.07/article/5f1091c485f5403d714b85b7.jpg)

https://www.usatoday.com/story/news/politics/2020/12/01/lawmakers-introduce-bipartisan-covid-relief-proposal-congress/6475431002/ (https://www.usatoday.com/story/news/politics/2020/12/01/lawmakers-introduce-bipartisan-covid-relief-proposal-congress/6475431002/)

<snipit>
WASHINGTON – A group of lawmakers introduced a bipartisan framework for a COVID-19 relief proposal in the latest effort to break the logjam in negotiations, but their proposal faces an uncertain future in a divided Congress with only weeks left in session.

The roughly $908 billion proposal is intended as a temporary package that would run until April, the lawmakers said, 

"It would be stupidity on steroids if Congress left for Christmas without doing an interim package as a bridge," said Sen. Mark Warner, D-Va.

The group, led by the Problem Solvers Caucus, a bipartisan group of House lawmakers, many of whom faced tough reelection battles, and a moderate group of senators, said they had worked together on the compromise over the past month over pizza and pasta in each others' houses, including that of Sen. Lisa Murkowski, R-Alaska.
The proposal includes, among other provisions:

$160 billion for state, local and tribal governments
$180 billion for a federal boost unemployment insurance, coming out to $300 a week
$288 billion for small businesses, including a reauthorization of the Paycheck Protection Program
$45 billion for transportation
$10 billion for the United States Postal Service
Short-term federal protection from coronavirus-related lawsuits
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Porkulus Lives!!!..........
Title: Re: Lawmakers introduce bipartisan C-19 relief proposal with uncertain future in Congress.(Hint: $ 9
Post by: Fishrrman on December 01, 2020, 05:22:56 PM
No more "covid relief" for this year, in this Congress.

Let whatever Congress is sitting next year take it up on January 21st...
Title: Re: Lawmakers introduce bipartisan C-19 relief proposal with uncertain future in Congress.(Hint: $ 9
Post by: catfish1957 on December 01, 2020, 07:17:27 PM
No more "covid relief" for this year, in this Congress.

Let whatever Congress is sitting next year take it up on January 21st...

Timing is pretty much irrelevant in the upcoming Biden spending spree, unless the GOP can retain the senate.
Strangely RCP has no poll data on these races for 2 weeks now.
Title: Re: Lawmakers introduce bipartisan C-19 relief proposal with uncertain future in Congress.(Hint: $ 9
Post by: Bigun on December 01, 2020, 08:16:50 PM
(https://img.mewe.com/api/v2/photo/tOTR_XcQ-zBEb5TfIaplYyCskfyY42K12bZBsqok4JlfxrZffx1QD2keES0/1600x1600/img?static={static})