Re: Coronavirus Government Bailout Thread
Posted: Tue February 09, 2021 12:39 pm
Mormon families get $4200+!BurtReynolds wrote:Why do they always feel the need to mention that couples get double the amount? Who cares?
Mormon families get $4200+!BurtReynolds wrote:Why do they always feel the need to mention that couples get double the amount? Who cares?
Hooray for not even trying to hide the fact that they're attempting to buy political support.elliseamos wrote:I see. And that sounds good to me, too. I read your post to mean they should send out fewer, smaller checks.96583UP wrote:I care! I want the Blues to hold strong through the midterms!! If we pick up 60 in the Senate then we can get transformational change! Let the GOP cannibalize themselves until then - but DON'T ALIENATE VOTERS by shutting a chunk of them out of checks they received under trump just to save $65 B when Trillions are being spent! Think of the GA runoffs and how close they were! Don't alienate anyone! Send them more checks! Bigger checks! Everyone gets a check!elliseamos wrote:Do you actually care? Just move on already, get to Infrastructure Week!96583UP wrote:this is fucking hilarious. after all that posturing to lower the limit. politicians. never trust a word
https://www.bloomberg.com/news/articles ... nd=premiumDemocrats Cut Off Relief Checks at $200,000 Household Income
House Democrats are proposing to limit the next round of Covid-19 relief payments to households earning less than $200,000, after criticism that President Joe Biden’s $1.9 trillion stimulus package would benefit the rich.
Draft legislation released Monday by the House Ways and Means Committee calls for $1,400 payments for single people earning $75,000 or married couples earning $150,000. The checks completely phase out for individuals making $100,000 or joint taxpayers making $200,000.
The payments scale down more quickly than previous rounds, where the top levels were determined by the size of the payment and the number of children in the household.
The income caps and phase-out formulas are likely to be subject to continuing debate as Democrats seek to move the stimulus legislation through the House and Senate -- where they have narrow margins to pass legislation without Republicans.
The text makes clear that House Democratic leaders are rejecting a push by some moderate Democrats to lower the threshold at which payments begin phasing out at $50,000 for an individual and $100,000 per couple.
Senator Joe Manchin, a West Virginia Democrat, has been pushing for lower income caps to qualify for the payments. Manchin told reporters on Monday that he wants to make sure that there is a “hard stop” so people making $250,000 or $300,000 don’t get payments and that the money is directed to people who are “truly in need.”
Senators Bernie Sanders, a Vermont independent who caucuses with the Democrats, and Ron Wyden of Oregon have pushed for more inclusive thresholds.
Democrats are like if Superman preceded every civilian save by going on television for an hour and debating himself about whether or not he should do it. It’s a constant exercise in “how can I do the right thing while also presenting myself as opposing doing the right thing?”96583UP wrote:this is fucking hilarious. after all that posturing to lower the limit. politicians. never trust a word
When you say "right thing" do you mean that making sure people earning $50,001-75,000 is the right policy? And if so why? Or do you mean it's the right thing because it's better for Democrats politically to include more people in this bill?McParadigm wrote:Democrats are like if Superman preceded every civilian save by going on television for an hour and debating himself about whether or not he should do it. It’s a constant exercise in “how can I do the right thing while also presenting myself as opposing doing the right thing?”96583UP wrote:this is fucking hilarious. after all that posturing to lower the limit. politicians. never trust a word
I think he worded his answer in a way that specifically avoids demonstrating an opinion on the actual bill.4/5 wrote:When you say "right thing" do you mean that making sure people earning $50,001-75,000 is the right policy? And if so why? Or do you mean it's the right thing because it's better for Democrats politically to include more people in this bill?McParadigm wrote:Democrats are like if Superman preceded every civilian save by going on television for an hour and debating himself about whether or not he should do it. It’s a constant exercise in “how can I do the right thing while also presenting myself as opposing doing the right thing?”96583UP wrote:this is fucking hilarious. after all that posturing to lower the limit. politicians. never trust a word
When I say “the right thing“ I mean “the thing that they perceive to be right.”4/5 wrote:When you say "right thing" do you mean that making sure people earning $50,001-75,000 is the right policy? And if so why? Or do you mean it's the right thing because it's better for Democrats politically to include more people in this bill?McParadigm wrote:Democrats are like if Superman preceded every civilian save by going on television for an hour and debating himself about whether or not he should do it. It’s a constant exercise in “how can I do the right thing while also presenting myself as opposing doing the right thing?”96583UP wrote:this is fucking hilarious. after all that posturing to lower the limit. politicians. never trust a word
my goal is good governance because the modern GOP are incompetentsurfndestroy wrote:Your goal is not good governance but my team right or wrong. Seems a whole lot like how the other side views things.96583UP wrote:I care! I want the Blues to hold strong through the midterms!! If we pick up 60 in the Senate then we can get transformational change! Let the GOP cannibalize themselves until then - but DON'T ALIENATE VOTERS by shutting a chunk of them out of checks they received under trump just to save $65 B when Trillions are being spent! Think of the GA runoffs and how close they were! Don't alienate anyone! Send them more checks! Bigger checks! Everyone gets a check!elliseamos wrote:Do you actually care? Just move on already, get to Infrastructure Week!96583UP wrote:this is fucking hilarious. after all that posturing to lower the limit. politicians. never trust a word
https://www.bloomberg.com/news/articles ... nd=premiumDemocrats Cut Off Relief Checks at $200,000 Household Income
House Democrats are proposing to limit the next round of Covid-19 relief payments to households earning less than $200,000, after criticism that President Joe Biden’s $1.9 trillion stimulus package would benefit the rich.
Draft legislation released Monday by the House Ways and Means Committee calls for $1,400 payments for single people earning $75,000 or married couples earning $150,000. The checks completely phase out for individuals making $100,000 or joint taxpayers making $200,000.
The payments scale down more quickly than previous rounds, where the top levels were determined by the size of the payment and the number of children in the household.
The income caps and phase-out formulas are likely to be subject to continuing debate as Democrats seek to move the stimulus legislation through the House and Senate -- where they have narrow margins to pass legislation without Republicans.
The text makes clear that House Democratic leaders are rejecting a push by some moderate Democrats to lower the threshold at which payments begin phasing out at $50,000 for an individual and $100,000 per couple.
Senator Joe Manchin, a West Virginia Democrat, has been pushing for lower income caps to qualify for the payments. Manchin told reporters on Monday that he wants to make sure that there is a “hard stop” so people making $250,000 or $300,000 don’t get payments and that the money is directed to people who are “truly in need.”
Senators Bernie Sanders, a Vermont independent who caucuses with the Democrats, and Ron Wyden of Oregon have pushed for more inclusive thresholds.
https://www.msnbc.com/rachel-maddow-sho ... msna698076In early 2006, the Bush/Cheney administration needed to choose a new chairman of the Federal Reserve to succeed Alan Greenspan. Naturally, the Republican White House turned to a like-minded figure and nominated Ben Bernanke, the former head of George W. Bush's Council of Economic Advisors.
Nearly a decade later, Bernanke's tenure at the Fed is over -- and so is his association with the Republican Party.
The piece published by Quartz quotes excerpts from Bernanke's book, in which the author explained his disappointment with the GOP. "I tried to listen carefully and accept thoughtful criticisms," Bernanke wrote. "But it seemed to me that the crisis had helped to radicalize large parts of the Republican Party."
Though Bernanke isn't ready to side with Democrats, he no longer associates with his former party. He “lost patience with Republicans’ susceptibility to the know-nothing-ism of the far right. I didn’t leave the Republican Party. I felt that the party left me.”
And yet he and most of those that agree with this strategy will all get re-elected.McParadigm wrote:In case you missed it: Ron Johnson tried to hold up the relief bill by insisting on a full reading by senate staff yesterday. It took 12 hours.
By the time it was over all Republicans (including him) had gone home for the night, so none were on hand to object when Chris Van Hollen proposed shortening the debate period by 17 hours. The proposal passed.
R voters will eat their own shit if it means making the libs smell their breath.elliseamos wrote:And yet he and most of those that agree with this strategy will all get re-elected.McParadigm wrote:In case you missed it: Ron Johnson tried to hold up the relief bill by insisting on a full reading by senate staff yesterday. It took 12 hours.
By the time it was over all Republicans (including him) had gone home for the night, so none were on hand to object when Chris Van Hollen proposed shortening the debate period by 17 hours. The proposal passed.