General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI'm looking for a comprehensive critique of what's wrong with the Republican relief bill
What I've heard so far...
* Families making more than $75,000 a year $2400 +$1000 per kid, but families making under that only get $1200 + $1000 per kid, and singles who didn't pay taxes in both 2018 and 2019 only get $600. Basically a reverse Robin Hood
* Companies can get bailouts even if they end up firing lots of workers
* OSHA regulations are hand waived
* Companies who spent their profits on stock buybacks are still eligible. And there are incomplete regulation preventing the bailout money from funding more stock buybacks
I'm also looking for sources I can read myself. But I'm getting into arguments with Republicans on Facebook and I'd like to have some ammunition the point out the seriously partisan slant in McConnell's package.
( Yes, I just use the phrase "McConnell's package" and you're going to have to live with that image in your mind)
True Blue American
(17,981 posts)Your post. You have your answer to what is wrong with the Republican bill.
Everything.
Bucky
(53,936 posts)Plus I'm asking for help with finding sources to read further and, God help me, point them to read and see on their own
True Blue American
(17,981 posts)Turn on McConnell right now. He is talking about everything but his $500 billion slush fund.
OrlandoDem2
(2,065 posts)True Blue American
(17,981 posts)OrlandoDem2
(2,065 posts)Dems want unprecedented giveaways to labor unions.
Dems want unnecessary carbon footprint reductions.
***my note**** Youre damn right I want airlines to reduce their pollution if they are getting my tax dollars!!! And I am sick of labor being shafted time and time and time again. Id let the whole thing burn to the ground before I trust mcconnell.
****my note part 2**** ever notice how mcconnell repeats phrases for what he thinks are good affects?
liberal N proud
(60,332 posts)Roland99
(53,342 posts)JT45242
(2,243 posts)Not only would Mnuchin have a $500 million slush fund to reward Trump loyalists and donors. No disclosures of who got money and why would be required until after the election.
So, all the bribery, scheming, and emoluments violations would be hidden from American voters.
Virtually nothing for people living on social security as well.
It's funny how Republicans push the "every one should have 6 months savings for an emergency" to poor folks -- but when corporations literally squander a TRILLION DOLLARS on stock buy backs with no war chest for a rainy day we bail them out.
Also, the Senate bill would give money to cruise companies (and others) who work under non-American flags to avoid paying taxes. That's right -- no chance of money in but they want money out.
stillcool
(32,626 posts)iabout what is being proposed. Just republicans say vs. democrats say
Demands for Workers-First Stimulus Grow as Senate GOP Fails to Ram Through $500 Billion Corporate 'Slush Fund'
"No more slush funds or no-strings-attached handouts. Real relief for the American people."
byJake Johnson, staff writer
One of the most contentious sticking points in rapidly moving negotiations over the Republican measure was its call for the creation of a $500 billion business relief program that would be controlled by the Trump Treasury Department, headed by former Goldman Sachs banker Steve Mnuchin. The fund would set aside around $58 billion for the airline industry and $17 billion for "sectors considered critical to national security," Roll Call reported.
Democrats and progressive critics condemned the program as a corporate "slush fund" and demanded that any bailout money for businesses come with strict oversight and conditions, such as strong worker protections against layoffs and a permanent ban on stock buybacks.
"In the midst of an unprecedented national crisis, Republicans can't seriously expect us to tell people in our communities who are suffering that we shortchanged hospitals, students, workers, and small businesses but gave big corporations hundreds of billions of dollars in a secretive slush fund," Sen. Patty Murray (D-Wash.) said in a statement announcing her opposition to the GOP legislation.