Author Topic: Pelosi floats almost $1T for states in next relief package  (Read 255 times)

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Pelosi floats almost $1T for states in next relief package
« on: April 30, 2020, 06:48:26 pm »
Pelosi floats almost $1T for states in next relief package
By Mike Lillis - 04/30/20 02:19 PM EDT

Speaker Nancy Pelosi (D-Calif.) said Thursday that Democrats will push for including almost $1 trillion in the next coronavirus relief package to help states and local governments hit hard by the pandemic.

That figure, Pelosi said, would likely be the single largest line-item of the Democrats' next emergency package, known as CARES 2, which is also expected to include hundreds of billions of dollars more to help workers, businesses and families weather the crisis.

"We're not going to be able to cover all of it, but to the extent that we can keep the states and localities sustainable, that's our goal," Pelosi told reporters in the basement of the near-deserted Capitol.

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https://thehill.com/homenews/house/495497-pelosi-floats-almost-1t-for-states-in-next-relief-package
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Offline Lando Lincoln

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Re: Pelosi floats almost $1T for states in next relief package
« Reply #1 on: April 30, 2020, 06:53:09 pm »
I would say that bailing out states and municipalities for mismanagement of the past is supreme wealth redistribution.  Problem is, where is the wealth these days?
There are some among us who live in rooms of experience we can never enter.
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Offline Idiot

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Re: Pelosi floats almost $1T for states in next relief package
« Reply #2 on: April 30, 2020, 07:23:46 pm »
I would say that bailing out states and municipalities for mismanagement of the past is supreme wealth redistribution.  Problem is, where is the wealth these days?
Where will this stop?  There is no end to this. 

My sibling works for the State of Texas and most departments have starting cutting back, as they foresee a 5% reduction coming.