Coronavirus Stimulus Aid Package

[cgr]

Are details of the (currently) proposed bill available publicly? Or do we need to wait for the vote to pass to get a better understanding?

[etech0]

following

[grodnoking]

At the rate this is going you'll probably understand it less when it is released.

[CountValentine]

"This is a great plan," Schumer said on the Senate floor Tuesday. "What it says is if you lose your job in this crisis, you can be furloughed by your employer. That means you can stay on that employer's worklist; if you have health benefits with the employer you can keep getting them. But, most importantly, the federal government will pay your salary — your full salary — for now four months."

[etech0]

Have they passed anything yet?

[CountValentine]

No, vote planned for tomorrow.

[etech0]

ty

[yesitsme]

Could someone tell Jared to hurry up its almost pesach

[ltttc]

No, vote planned for tomorrow.

What do you think that means for the stock market?

[CountValentine]

What do you think that means for the stock market?

The stock market is toast going forward. We are in for a rough ride. Hopefully I will be eating crow.

[ltttc]

The stock market is toast going forward. We are in for a rough ride. Hopefully I will be eating crow.

Liquidated some of my custodial accts today

[Barryg]

Liquidated some of my custodial accts today

Hopefully at the end of the trading day

[aygart]

"This is a great plan," Schumer said on the Senate floor Tuesday. "What it says is if you lose your job in this crisis, you can be furloughed by your employer. That means you can stay on that employer's worklist; if you have health benefits with the employer you can keep getting them. But, most importantly, the federal government will pay your salary — your full salary — for now four months."

From what I can see this is nothing but pasturing. All versions of the bill had significant additions to unemployment and such a provision actually brings it down for some workers who had been staled to get more than 100% in the GOP bill. The main difference is that the GOP bill was for 3 months and the Dem bill adds one more month.

At this point we can label this as nothing but posturing to cover up the other garbage they are pushing to add in. They lost and are trying to ave face.

[CountValentine]

From what I can see this is nothing but pasturing. All versions of the bill had significant additions to unemployment and such a provision actually brings it down for some workers who had been staled to get more than 100% in the GOP bill. The main difference is that the GOP bill was for 3 months and the Dem bill adds one more month.

At this point we can label this as nothing but posturing to cover up the other garbage they are pushing to add in. They lost and are trying to ave face.

Very objective post. 

[ltttc]

Hopefully at the end of the trading day

Yup

[CountValentine]

Schumer said negotiators had agreed to put “unemployment insurance on steroids” by expanding those covered to include people who are furloughed, gig workers and freelancers, and by increasing the payments by $600 dollars per week for four months, on top of what states provide as a base unemployment compensation.

[aygart]

Schumer said negotiators had agreed to put “unemployment insurance on steroids” by expanding those covered to include people who are furloughed, gig workers and freelancers, and by increasing the payments by $600 dollars per week for four months, on top of what states provide as a base unemployment compensation.

These were all in the original bill. Every. Single. Item.

[CountValentine]

These were all in the original bill. Every. Single. Item.

Many things were in the original bill they negotiated. It failed because it was not geared enough to workers and those fighting the virus. Those were all improved thanks to the D's. Not sure what you don't understand.

[cgr]

Schumer said negotiators had agreed to put “unemployment insurance on steroids” by expanding those covered to include people who are furloughed, gig workers and freelancers, and by increasing the payments by $600 dollars per week for four months, on top of what states provide as a base unemployment compensation.

So if this is about unemployment, and say someone was unemployed last year and maxed out their benefits, they'd be ineligible just when they were finally getting back on their feet?

[aygart]

Many things were in the original bill they negotiated. It failed because it was not geared enough to workers and those fighting the virus. Those were all improved thanks to the D's. Not sure what you don't understand.

I fully get it. You are swallowing everything they tell you hook line and sinker.  The one thing they did, and it was done already before the posturing was to extend the original benefits put in by the Rs from 3 to 4 months. The stupidity you have been quoting is 100% poturing to cover up for all of the items they held the bill up for that had nothing to do with the virus. Find me something else they did to protect workers. Lets see if you can.