March 24, 2020

Democrats Near Deal With White House on Stimulus Package

Source: NYT

Democrats Near Deal With White House on Stimulus Package

Top Democrats and administration officials said they were optimistic about finalizing a compromise on a $2 trillion economic package after agreeing to add oversight for a bailout fund.

By Emily Cochrane and Nicholas Fandos

March 24, 2020
Updated 6:21 p.m. ET

WASHINGTON — Congressional leaders and Trump administration officials closed in on a deal on Tuesday on a roughly $2 trillion economic stabilization plan to respond to the coronavirus pandemic, after agreeing to Democratic demands to add oversight requirements for a $500 billion government bailout fund for distressed companies.

Negotiators were hammering out the final details of the plan, which is aimed at delivering critical financial support to businesses forced to shut their doors and relief to American families and hospitals reeling from the rapid spread of the disease and the resulting economic disruption. With lawmakers and White House officials expressing optimism for an agreement, the measure could be enacted within days.

A crucial breakthrough came when Democrats won concessions from the Trump administration to add strict oversight over the $500 billion corporate aid fund, including installing an inspector general and a panel appointed by Congress to monitor it. The vast majority of the fund would go to the Federal Reserve to cover loans.

<snip>

At the White House, Larry Kudlow, the top economic adviser, said there had been “great progress” on the measure, which he said was “urgently needed to bolster the economy, provide cash infusions and liquidity and stabilize financial markets to get us through a difficult period.”

<snip>

Sheryl Gay Stolberg contributed reporting.

Read more: https://www.nytimes.com/2020/03/24/us/politics/coronavirus-stimulus-bill.html?action=click&module=Well&pgtype=Homepage&section=Politics

---

I still don't like the slush funds but at least there will be Congressional oversight.

March 23, 2020

I can't wait for AOC to get some senority, she's ready ...

https://twitter.com/hrmoroz/status/1241025578527903750

Alexandria Ocasio-Cortez
@AOC
·
23h
Food workers.
Grocery clerks.
Cashiers.
Delivery drivers.
Warehouse stockers.

They were never “unskilled workers.”
They were always essential.

And it’s WAY past time they got the respect they deserve w/ a living wage, paid sick leave, guaranteed healthcare, hazard pay, & more.





If a job needs to be done, it needs to pay a living wage.

March 22, 2020

First case of Convid19 in Burnett County, TX ....

got the news on reverse 911.

And so it begins. Maybe now they'll start taking it seriously here.

March 22, 2020

Former GOP USAG and Trump ...

March 22, 2020

Trump's Convid19 evolution ...

March 22, 2020

These two: Between them ...

https://img-s-msn-com.akamaized.net/tenant/amp/entityid/BB11vL1x.img?h=534&w=799&m=6&q=60&o=f&l=f&x=1828&y=497

One complete haircut.
One complete set of teeth.
No brain.

March 20, 2020

Trump absoluting whiffing a softball question, losing another chance to at least seem Presidential

March 19, 2020

Making travel plans for the weekend using this map ...

I haven't seen BR2 in so long - I sure hope it hasn't become all commercial!!!

March 19, 2020

And now for something completely different -

March 18, 2020

Our cleaning lady has called us to let us know she's working from home ...

she's going to e-mail us instructions and directions to the pail, mop, sweeper and cleaning rags.