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Trump seeking $850B in emergency stimulus ($500B in payroll tax cut, $250B for small business loans, $58B for airlines) UP: Possibly sending checks
- Thread starter GK86
- Start date
For the good of the planet Trump must fail this November. I hope the American people arent "bribed" by a measely $1000 check. Trump is the disease that needs to be cured.
Frankly, yes. There's no future at all if we don't figure this out.
Why is the phrasing "every American"? Does it mean permanent residents aren't included in those bills or are they all just forgetting not everyone working and paying taxes in America is American?
To be quite honest, with the way things are looking right now... they'll probably have to visit doing this anyways.
The Trump administration is massively more incompetent and decades of the GOP continuing to devolve into pathetic Trump worshiping sycophants means it's not a guarantee. It has to happen but we've got the exact conditions politically where we could still be completely fucked for no reason simply because of who's in charge
I meant the payroll tax. That directly funds people Medicare and Soc Security and unemployment insurance right? The govt should be stopping the bleeding but not from payroll tax.
Yeah I doubt non-citizens are going to get anything. Maybe people with green cards but thats it.
I'm both a barista and a night manager at a burger place.
I'm somewhat insulated since I have two jobs, but the mall I work at is closing early and it's kind of shit all around.
Every adult. Every child. Every PERSON. They should get a check. Otherwise people will die
I'm somewhat insulated since I have two jobs, but the mall I work at is closing early and it's kind of shit all around.
Every adult. Every child. Every PERSON. They should get a check. Otherwise people will die
How big will Trump's signature be on these checks, I wonder. At least 40% of the check will be his signature, I'm willing to bet.
Obviously people are very wrapped in the person impact of this crisis (I am too,) but the economic impact is monumental to consider. We're not just talking about a few evil mega-corps going on; we're talking about a scenario where the majority of businesses go bust, and unemployment hits the stratosphere. Everything should be on the table.
The Trump administration will still ensure it passes, because Trump wants to win reelection in November. You're absolutely right that due to a number of factors, it's probably going to happen a few weeks later than it needs to though. Like, in an ideal scenario, the population would receive direct deposits by next week. But it'll be a fair bit further out than that, unfortunately.
I'll believe the check thing when it happens. I feel like that was just an empty promise to steady the stock market.
lol, this.
Wonder what these SBA loans look like. Ugh--last thing I want is a fucking loan.
It is, but it sounds a lot better than a one time $1000 check.
This is shit. $500 for a household isn't going to do a goddamn thing to help people stay in their homes. That would barely cover the groceries.
It appears they're going with the direct checks instead - though we don't know if they're going to print the money, or pull it from other sources.
In terms of the immediate future, yes - but student loans are a big (and growing) part of why a lot of people are living paycheck to paycheck in the first place.
Realistically, they likely won't be addressed, but hopefully it gets more attention.
More realistically, big corps should be taken to task to chip in, but with the current admin it'll never happen.
it'll happen. the amount is up for debate, but something will go out
I'm not going to presume I'm getting a check, lets put it that way. Green card holders like me *probably* will, but with this admin, I'm not taking it as given. Fortunately it's not going to prevent me getting through this.
OP
OP
This is beyond an awful amount. You need way more than this to help out those living paycheck to paycheck.
Romney's plan calls for $1,000 per adult, not family. It's a better plan and could be extended beyond a one-time payment.
Ilhan Omar on Twitter
“I am introducing a bill this week to give: $1,000 to every American adult. $500 for every child. No exceptions. We need to support the American people NOW—and this is just a start.”twitter.com
what? If you give 500$ to my nephew, he's gonna blow it on LEGO's and shit.
lmao my exact thought
The single most effective thing to ease my creeping dread would be to hear that every US resident is going to get a couple thousand bucks per month for the foreseeable future. A few trillion at essentially zero interest rate isn't going to wreck our gov't any more than any of the alternatives. And it would hopefully forestall the worst-case scenarios, like the really bad ones that had previously only been prepper fantasies.
Right now I have some hope this will happen, but how the conversation goes in the next week or so will really be the test.
Right now I have some hope this will happen, but how the conversation goes in the next week or so will really be the test.
wtf why would she post this when it's the lowest amount so far and wouldn't really do shit???
JFC... This is so fucking braindead.
Millions of people are losing their jobs right now and need direct support, not some bullshit top town policy.
Millions of people are losing their jobs right now and need direct support, not some bullshit top town policy.
Student loan debt, yes, but current semester deferred tuition payments should be considered in legislation like this. Especially considering most students can't even take advantage of the resources they are paying for right now.
His parents don't have any say in his spending?
Even if he spent it on Legos, that is still part of the point. That money getting spent goes back into the economy.
If you give $500 to ME, I'm gonna blow it on LEGOs and shit.
That 500 goes to that child's parent or guardian in addition to their adult 1000. It'll probably be handled through tax returns.
Frankly, fuck that. This payroll tax cut is neither wanted nor necessary. Checks for everyone would be immensely more helpful to both average citizens and the economy in general. But you don't get to shrewdly undermine Social Security and Medicare with checks, so they're pushing payroll tax cut instead.
It's money going to your nephew's parents. They get to determine how he spends it.