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Alexandria Ocasio-Cortez @AOC: To clarify, $1200 checks are ONLY going to some w/social sec numbers, (Original Post) BeckyDem Mar 2020 OP
Wall Street gets 4 trillion out of a two trillion bill? jimfields33 Mar 2020 #1
The Fed does this thing. Igel Mar 2020 #2
Thank you. That makes sense. jimfields33 Mar 2020 #5
What Trump + Senate GOP have done is hold hospitals, working people, BeckyDem Mar 2020 #3
Thanks for the additional tweet. Lol. Makes a huge difference jimfields33 Mar 2020 #4
"Nancy Pelosi & the Democrats are holding up your Coronavirus relief check!" I'm so sick of reading NBachers Mar 2020 #6
Do you have to have filed in 2019 to get a check? Separation Mar 2020 #7
It could take you longer. How about contacting your reps office and try speaking to someone BeckyDem Mar 2020 #8
Thanks for the info Separation Mar 2020 #9

jimfields33

(15,703 posts)
1. Wall Street gets 4 trillion out of a two trillion bill?
Thu Mar 26, 2020, 01:04 PM
Mar 2020

Where is the four trillion coming from. I know that two other bills passed but don’t even add up to 4 trillion and one was for hospital equipment and things like that.

Igel

(35,274 posts)
2. The Fed does this thing.
Thu Mar 26, 2020, 01:32 PM
Mar 2020

They buy debt that's on the market and hold it. It keeps the securities market from completely tanking, keeps the financials markets liquid and working.

When they freeze, money tends to stop flowing. No short-term loans, no place to put extra cash. *Then* you have a *real* problem.

They did it in 2008/09, as well. There was around $1.5 trillion for stimulus/TARP, and something like $2 trillion put in by the Fed.

NBachers

(17,081 posts)
6. "Nancy Pelosi & the Democrats are holding up your Coronavirus relief check!" I'm so sick of reading
Thu Mar 26, 2020, 02:45 PM
Mar 2020

this.

Separation

(1,975 posts)
7. Do you have to have filed in 2019 to get a check?
Thu Mar 26, 2020, 03:04 PM
Mar 2020

We just moved due to my mother in law getting really sick and having several bad falls. So we sold our land and house to be near her.

There are several reasons for not filing last year, but now it seems like its gonna bite us in the ass. Also my son is permanently disabled and on disability but 22 and still our dependent. Not sure where we stand on getting anything.

BeckyDem

(8,361 posts)
8. It could take you longer. How about contacting your reps office and try speaking to someone
Thu Mar 26, 2020, 03:12 PM
Mar 2020

on their staff ? Get their name etc and hopefully build a contact you can rely on for helping you navigate the bill. If you don't have direct deposit already set up for tax returns it could take a long time to receive a hard copy check, as far as I know. BUT, again, check with your congress person and see if they can help. I don't know if there will be anything for people with disabilities, I sure as hell hope so.

Good luck and stay safe.

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