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well.......let's just take a look at how the republican stimulus package worked out.....who would have thought any different.....after all it is their job to protect corporate greed over the American people....party over country and all that....I don't have a problem helping biz that are hurting because of this...….but the people should be first.....instead of MORE TAX cuts.....which will be needed to pay for all this....but balancing the check book is not something the right has ever cared about
do you really think Chevron…...AT&T....and a few others need tax cuts because of this......and not to mention all the money Wal Mart will get for this
Senate Rescue Package Includes Corporate Tax Cuts and ...
https://
www.nytimes.com/2020/03/19/us/politics/1000-checks-coronavirus-
stimulus.html
Mar 19, 2020 ·
Republicans sought to
put their imprint on an emerging economic stabilization
package of $1 trillion, unveiling a bill that includes tax cuts and loans to businesses and would curtail paid leave.
Senate Republicans unveil $1 trillion economic stimulus package to address coronavirus fallout
Senate Republicans on Thursday formally rolled
out a $1 trillion economic stimulus plan intended to deliver critical aid to US businesses and the American public.
It’s a move that sets the stage for negotiations to begin in earnest between Republicans and Democrats
in an effort to reach a bipartisan deal to help an economy hit hard by the rapid spread of the novel coronavirus.
Senate Majority Leader Mitch McConnell called the plan “a bold legislative proposal” in remarks on the Senate floor, saying that he was “officially introducing the Coronavirus Aid, Relief and Economic Security Act.”
The Kentucky Republican described the major contours of the proposal by saying that it will deliver “direct financial help for the American people,” as well as “rapid relief for small businesses and their employees.” He said that the plan includes “significant steps to stabilize our economy and protect jobs” and “more support for the brave health care professionals and their patients who are fighting the coronavirus on the front lines.”
But in a sign that hard-fought negotiations are still to come, the Democratic leaders of the House and Senate released a brief statement Thursday night criticizing the plan.
“We are beginning to review Senator McConnell’s proposal and on first reading, it is not at all pro-worker and instead puts corporations way ahead of workers,” House Speaker Nancy Pelosi, a California Democrat, and Senate Minority Leader Chuck Schumer, a New York Democrat, said in the statement.
Schumer had earlier expressed some criticism of the proposal after its introduction and the process by which Senate Republicans came up with it, saying that the plan had “virtually no input from Democrats” and warning against corporate industry bailouts.
The
$1 trillion emergency economic aid proposal comes in response to the
coronavirus pandemic and would include direct payments to Americans under a certain income threshold, $200 billion in loans to airlines and distressed industry sectors and $300 billion in forgivable bridge loans for small businesses.
The proposal, a draft of which was obtained by CNN, underscores the scale of the economic crisis facing individuals and businesses across the country amid the accelerating pandemic and bolsters health care resources,
student loans and aid, business tax provisions and temporary authority.
Senate Republicans on Thursday formally rolled out a $1 trillion economic stimulus plan intended to deliver critical aid to US businesses and the American public. It’s a move that sets the stage for negotiations to begin in earnest between Republicans and Democrats in an effort to reach a...
keyt.com
