Second stimulus check updates:
Negotiators report progress as Trump,
Republicans soften on opposition
to $600 unemployment bump
Associated Press,
by
Andrew Taylor
&
Lisa Mascaro
Original Article
Posted By: poster,
8/1/2020 8:05:15 PM
Lawmakers reported progress on a huge coronavirus relief bill Saturday, as political pressure mounts to restore an expired $600-per-week supplemental unemployment benefit and send funding to help schools reopen.
“This was the longest meeting we’ve had and it was more productive than the other meetings,” said Senate Minority Leader Chuck Schumer, D-N.Y., who was part of the rare weekend session. “We’re not close yet, but it was a productive discussion — now each side knows where they’re at.” (snip) The Democratic leaders are eager for an expansive agreement, as are President Donald Trump and top Republicans like Senate Majority Leader Mitch McConnell of Kentucky.
Reply 1 - Posted by:
marlon 8/1/2020 8:17:26 PM (No. 497101)
Great I'll close my business now. Can't find anyone to work with the extra $600 was counting down the days until it expired so i could hire people but now they'll head back to the couch!
27 people like this.
Reply 2 - Posted by:
Jerseyden 8/1/2020 8:31:42 PM (No. 497103)
I sure wish there was a third party so Trump could join them and get rid of dems and the useless republicans.
30 people like this.
Reply 3 - Posted by:
Urgent Fury 8/1/2020 8:44:13 PM (No. 497109)
Article below says they're still not close. Which is it?
3 people like this.
I never trust the ass-press...
That said, wouldn’t we prefer an end to being locked down?
To get everybody back to work?
And F any more “bills” from the uniparty !
15 people like this.
Reply 5 - Posted by:
judy 8/1/2020 9:02:59 PM (No. 497118)
News flash to republicans...extending unemployment benefits was one of Obama’s biggest mistakes.
14 people like this.
Reply 6 - Posted by:
GoodDeal 8/1/2020 9:24:41 PM (No. 497127)
The $600/week is a good investment for Trump to take credit for. The best money for him that Nancy & Chuck ever spent. I’m collecting UI right now in CA and trust me that extra bump covers my house payment and car payment. If it stops right now with no job in sight I will be hurting. But the democrats have intentionally done everything the can do to destroy this economy for the sake of beating Trump in November. Their efforts have just solidified and grew support for him. Nice try Chuckie and Nasty but no cigar for you.
11 people like this.
Reply 7 - Posted by:
Turninggrey 8/1/2020 9:29:52 PM (No. 497129)
How many "peaceful protesters" has the $600 a week been funding?
12 people like this.
Reply 8 - Posted by:
Venturer 8/1/2020 9:32:36 PM (No. 497131)
Stop with the checks and open this mess up.
21 people like this.
Reply 9 - Posted by:
stablemoney 8/1/2020 9:35:03 PM (No. 497132)
They will come to an agreement next week. They want to start their summer recess by Aug 8th. With the recess and all, Lindsey Graham will have to put off getting to the bottom of things again.
11 people like this.
Reply 10 - Posted by:
Vesicant 8/1/2020 10:43:04 PM (No. 497153)
Trump should require that any state that doesn't remove all lockdown measures doesn't get any of the money.
12 people like this.
Reply 11 - Posted by:
DVC 8/1/2020 10:44:11 PM (No. 497155)
Dammit.....STOP IT. Stop paying people to not work, which kills small businesses.
This is a very bad idea.
29 people like this.
Reply 12 - Posted by:
RuckusTom 8/1/2020 11:07:28 PM (No. 497163)
Do any of these people know how to spell i-n-f-l-a-t-i-o-n? The only way to reduce inflation is by raising interest rates to pull the excess dollars out of the economy. We've got around $27 T in national debt at around 0% to 2% interest. There's a big difference between 0% interest on $27 T and 20% interest on $27 T. The only 3 things to service our debt in that case will be to 1) raise taxes, 2) reduce services or 3) print more money. Things get really fun if other countries sell all their Treasury holdings and flood our economy with even more dollars or if more dollars are printed. If they can't spell "inflation" maybe they can spell V-e-n-e-z-u-e-l-a.
7 people like this.
Reply 13 - Posted by:
504pc 8/1/2020 11:16:18 PM (No. 497167)
Pay out the 600 a week, the hell with the deficit. Republicans loose elections because they focus on deficit spending. Yea there are jobs out there but they are the same minimum wage gigs that are always there. If Trump looses and the Dems gain both houses it’s over for this country.
5 people like this.
Reply 14 - Posted by:
watashiyo 8/2/2020 12:02:51 AM (No. 497180)
Democrats want 3 trillion. Republicans should go for 10 trillion. 3 or 10 trillion in relief funds give away, don't really matter. The consequences of these reckless spending are the same. Crash and Burn!
3 people like this.
Reply 15 - Posted by:
inspectorudy 8/2/2020 12:40:54 AM (No. 497187)
If Trump caves on this he should drop out of the race. WTF do we need another Demorat in the WH for?
2 people like this.
Reply 16 - Posted by:
Trigger2 8/2/2020 3:18:31 AM (No. 497193)
What they meant to say is that republicans caved in again to the demonrats.
7 people like this.
That $600 gives no incentive to work. It's not just the $600 for some families. This year alone, some have gotten $1200, a local $1000, more if they were a small business, plus $500 per child, another $1200 for the finance, formerly baby daddy, food assistance increased over $300 per child if they received a free lunch at school, plus SSDI checks and a tax refund. Add free rent or mortgage payments.
Older people are still looking for jobs or working part time to exist because they can't access the gravy train.
I have never seen so many brand new cars locally. Please note the color of the year is candy apple red.
5 people like this.
Reply 18 - Posted by:
Krause 8/2/2020 7:38:10 AM (No. 497283)
Like with a dog, you have to throw Nancy and Chuck a bone.
1 person likes this.
Reply 19 - Posted by:
franq 8/2/2020 7:47:53 AM (No. 497292)
It's just money. They can print all they want. Why do new cars cost $35k? Durr-hur-hur.
0 people like this.
Reply 20 - Posted by:
Yuban 8/2/2020 8:48:52 AM (No. 497356)
Today, most Americans are easily bought and paid for. All politicians know it since they are the same. You good folk think that Nov 3 will change all that and America will be back to work and living the good life once again. Win or lose in Nov, life in the good old USA will be worse than it is now. We control everything but the House right now and have for the past 3+ yrs. Bought and paid for, indeed.
2 people like this.
Reply 21 - Posted by:
Strike3 8/2/2020 9:24:49 AM (No. 497413)
Schumer is salivating at the prospect of spending more money. We can't have people going back to work and stopping the economic damage. Any Republican who supports this giveaway is going on my long list.
0 people like this.
Who's in charge or our Federal government? After reading this article, one would think the Democrats do, with Nancy Pelosi and Chuck Shumer running the show. The GOP and Trump barely rate any mention, unless it's regarding Trump using his Twitter feed to change his mind about something and undercutting the GOP's previous positions.
Are the GOP lawmakers so much in the shadows regarding this issue/legislation? Or is this just another example of the biased Media rewriting actual events to promote the Democrat side and reputation?
1 person likes this.
Reply 23 - Posted by:
Lonestar Jack 8/2/2020 10:49:24 AM (No. 497539)
Do the math --- $600/week = 40 hours @ $15/hour. (well over the minimum wage in all states). Even high priced New York is $11.80/ hour. So that is an automatic raise for all workers not returning to work!!!
Consider that a bonus along with your state unemployment.
No wonder people would rather sit back and accept the federal gift for doing nothing.
0 people like this.
Reply 24 - Posted by:
Lucky5 8/2/2020 11:06:49 AM (No. 497553)
This is not a black and white situation. My county in California has been locked down from day one with no easing of anything. We are still on full lock-down other than they finally opened some parks and dog parks again. I teach computer classes in person. I do online too, but I do very intensive and specific subjects that need to be live. I can only do one on one online. Until they allow me to teach my classes again, My income is down to nothing.
Both my under 30 young adult kids got laid off from their jobs. One is in her last year of her college. She is doing all her classes online, but if she did not have unemployment, she would not be making it right now. My other son is a manager in the hotel business. That hotel co. has said it is going to take 3 years to get back up to speed. He did find a new job as a restaurant manager, but he would not have made it either without this unemployment.
He is a big follower of Ron Paul and rants about the Feds and funny money and all that, but the reality is, people cannot make it until we end this lockdown!! We are stuck right not in this void. It is truly ridiculous and killing businesses right and left.
1 person likes this.
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