skinnybill
As 860K More Jobs Disappear And Recession Continues, Even President “Wait and See” Trump Thinks His Senate Allies Aren’t Doing EnoughQ2 2020 hedge fund letters, conferences and moreMore Americans Join Unemployment RanksWASHINGTON, D.C.– The Trump recession continues as another 860,000 Americans joined the unemployment ranks in the last week, bringing the total number of workers drawing unemployment benefits to nearly 29.8 million.While the health and economic crises only grow worse after key relief measures under the CARES Act expired several weeks ago, President Trump’s Senate allies continue...
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Hopes of another stimulus check may not be dead yet, but they are fading fast. On Thursday, Democrats blocked the $500 billion Senate Republican bill on the Senate floor. Now, several senators believe the way forward for another coronavirus relief package is unclear and there may not be any package before the November election.Q2 2020 hedge fund letters, conferences and more$500 billion bill was bound to failOn Thursday, the Senate bill failed with a 52-47 vote, unable to get the needed 60 votes. The bill was opposed by all Democrats and one Republican, Rand Paul of Kentucky. Even 52 votes can...
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In response to the failure of the GOP “Skinny Bill” Executive Director of the Main Street Alliance Amanda Ballantyne had this to say:Q2 2020 hedge fund letters, conferences and morePolitical Showmanship Will Not Help Small Businesses“Small businesses do not need political showmanship that goes nowhere and ignores the desperate financial circumstances that millions of Americans are facing. Had Senate GOP Leadership really wanted to pass a relief bill, they absolutely had the power to negotiate a deal. What we saw today with the failed Senate vote was a dog and pony show for the election - ticki...
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Watchdog: “Time for Congress to Get Serious” About Aid for Americans in Need As The Skinny Bill FailledQ2 2020 hedge fund letters, conferences and moreThe Skinny Bill FailledWASHINGTON, D.C.– This afternoon, lawmakers voted down GOP senators’ limited, lacking relief measure just two days after the chamber returned from its month-long vacation. The "skinny bill" was widely criticized as a too little, too late effort to address the hurricane of chaos and hardship facing Americans as COVID-19 continues to rage: widespread food insecurity, an incumbent wave of evictions, and financial crises in th...
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President Donald Trump and his Republican majority in the Senate are actually working against their own political interests. They both yearn for a rapid economic recovery, but in recent weeks they have managed to sabotage any chance of that actually happening. The so-called “skinny” coronavirus stimulus bill Senate Republicans are now considering – in contrast to the “Heroes Act,” passed in May by House Democrats – does not advance their and the president’s main political objective: to ensure a rapid economic recovery over the next eight weeks. Indeed, it just reflects the president’s monument...
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There have been reports for a while of the Senate Republicans working on a so-called skinny proposal for the stimulus package. On Tuesday, when the Senate officially reconvened after a month-long recess, the first thing they did was to introduce this slimmed-down proposal. As had been reported, this skinny GOP proposal did not include coronavirus stimulus checks.Q2 2020 hedge fund letters, conferences and moreGOP’s new skinny proposal: what does it include?On Tuesday, Senate majority leader Mitch McConnell announced that the Senate would vote on this proposal later this week. McConnell blamed ...
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