Author Topic: Coronavirus Stimulus Aid Package  (Read 188601 times)

Offline cgr

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Coronavirus Stimulus Aid Package
« on: March 24, 2020, 09:12:52 PM »
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?

Offline etech0

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Re: Coronavirus Stimulus Aid Package
« Reply #1 on: March 24, 2020, 09:13:05 PM »
following
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Offline grodnoking

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Re: Coronavirus Stimulus Aid Package
« Reply #2 on: March 24, 2020, 09:14:16 PM »
At the rate this is going you'll probably understand it less when it is released.
I'm not who you think I am.

Offline CountValentine

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Re: Coronavirus Stimulus Aid Package
« Reply #3 on: March 24, 2020, 10:13:02 PM »
"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."
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Offline etech0

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Re: Coronavirus Stimulus Aid Package
« Reply #4 on: March 24, 2020, 10:14:17 PM »
Have they passed anything yet?
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Offline CountValentine

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Re: Coronavirus Stimulus Aid Package
« Reply #5 on: March 24, 2020, 10:14:59 PM »
No, vote planned for tomorrow.
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Offline etech0

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Re: Coronavirus Stimulus Aid Package
« Reply #6 on: March 24, 2020, 10:17:27 PM »
ty
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Offline yesitsme

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Re: Coronavirus Stimulus Aid Package
« Reply #7 on: March 24, 2020, 10:18:32 PM »
Could someone tell Jared to hurry up its almost pesach
["-"]

Offline ltttc

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Re: Coronavirus Stimulus Aid Package
« Reply #8 on: March 24, 2020, 10:20:24 PM »
No, vote planned for tomorrow.
What do you think that means for the stock market?

Offline CountValentine

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Re: Coronavirus Stimulus Aid Package
« Reply #9 on: March 24, 2020, 10:25:02 PM »
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.
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Offline ltttc

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Re: Coronavirus Stimulus Aid Package
« Reply #10 on: March 24, 2020, 10:38:13 PM »
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

Offline Barryg

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Re: Coronavirus Stimulus Aid Package
« Reply #11 on: March 24, 2020, 10:39:16 PM »
Liquidated some of my custodial accts today
Hopefully at the end of the trading day

Offline aygart

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Re: Coronavirus Stimulus Aid Package
« Reply #12 on: March 24, 2020, 10:42:39 PM »
"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.
Feelings don't care about your facts

Offline CountValentine

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Re: Coronavirus Stimulus Aid Package
« Reply #13 on: March 24, 2020, 10:43:37 PM »
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.  ::)
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Offline ltttc

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Re: Coronavirus Stimulus Aid Package
« Reply #14 on: March 24, 2020, 10:44:20 PM »
Hopefully at the end of the trading day
Yup

Offline CountValentine

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Re: Coronavirus Stimulus Aid Package
« Reply #15 on: March 24, 2020, 10:48:53 PM »
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.
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Offline aygart

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Re: Coronavirus Stimulus Aid Package
« Reply #16 on: March 24, 2020, 10:58:20 PM »
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.
Feelings don't care about your facts

Offline CountValentine

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Re: Coronavirus Stimulus Aid Package
« Reply #17 on: March 24, 2020, 11:00:42 PM »
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.
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Offline cgr

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Re: Coronavirus Stimulus Aid Package
« Reply #18 on: March 24, 2020, 11:05:00 PM »
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?

Offline aygart

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Re: Coronavirus Stimulus Aid Package
« Reply #19 on: March 24, 2020, 11:05:50 PM »
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.
« Last Edit: March 24, 2020, 11:09:21 PM by aygart »
Feelings don't care about your facts