Senate Democrats block mammoth coronavirus stimulus package

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  • #112844
    zn
    Moderator

    Senate Democrats block mammoth coronavirus stimulus package

    https://thehill.com/homenews/senate/488925-senate-democrats-block-mammoth-coronavirus-stimulus-package?fbclid=IwAR3jscIyeulvPjc1OCEDb1A5V0cujbSJY–UOP4Ro3grplbUtTX7chdiQk8

    Senate Democrats on Sunday blocked a coronavirus stimulus package from moving forward as talks on several key provisions remain stalled.

    Senators voted 47-47 on advancing a “shell” bill, a placeholder that the text of the stimulus legislation would have been swapped into, falling short of the three-fifths threshold needed to advance the proposal.

    Hopes of a quick stimulus deal quickly unraveled on Sunday as the four congressional leaders and Treasury Secretary Steven Mnuchin failed to break the impasse. Senate Majority Leader Mitch McConnell (R-Ky.) also delayed the procedural vote for three hours as they tried to get a deal.

    Democratic senators argue that the GOP bill includes several “non-starters” and walks back areas of agreement, such as expanding unemployment insurance, they thought they had reached with Republicans.

    They emerged from a closed-door lunch fuming over the bill circulated by Republicans and called for McConnell to hold off on the 3 p.m. cloture vote.

    “We are pleading with McConnell not to call this vote,” Sen. Dick Durbin (Ill.), the No. 2 Senate Democrat, said after the lunch. “It’s a serious mistake. We have not negotiated this to the point of agreement yet.”

    Sen. Doug Jones (D-Ala.), who is up for reelection in a deeply red state, said that the Senate needed to be “as unified as possible.”

    “We don’t need split votes,” he said.

    Sen. Ed Markey (D-Mass.) added that the proposal put forward by Republicans was “totally inadequate.”

    That resulted in McConnell delaying the vote to 6 p.m.

    The vote eventually moved forward with five GOP senators absent. Sen. Rand Paul (Ky.) announced Sunday morning he had tested positive for the coronavirus and would self-quarantine. That led to two Republican colleagues he had interacted with, Utah Sens. Mitt Romney and Mike Lee, announcing they would also self-quarantine and miss the vote.

    Republican Sens. Cory Gardner (Colo.) and Rick Scott (Fla.) had previously said they would self-quarantine as a precaution that was unrelated to Paul’s announcement.

    Senate Minority Leader Charles Schumer (D-N.Y.) said the bill includes “problematic” provisions and that McConnell should have made the negotiations include both chambers and the White House from the beginning.

    “Unfortunately, the legislation has not improved enough in the past three hours,” he said.

    McConnell appeared visibly angry as he spoke from the Senate floor after the bill failed, pledging to force the vote again.

    “The American people are watching this spectacle. I’m told the futures market is down 5 percent. I’m also told that’s when trading stops. So the notion that we have time to play games here with the American economy and the American people is utterly absurd,” McConnell said.

    “The American people expect us to act tomorrow, and I want everybody to fully understand if we aren’t able to act tomorrow, it will be because of our colleagues on the other side continuing to dither when the country expects us to come together and address this problem,” McConnell added.

    Sen. John Thune (R-S.D.) said that they had not formally been told that Democrats would block the bill but acknowledged that individual members had indicated their opposition.

    “Hopefully we can get everybody on board with this thing today and get it out of here,” he told reporters.

    He added that if Democrats blocked the bill “they better have a plan ready to go because we don’t have plenty of time.”

    But the outcome appeared all but guaranteed, as even members from across the Democratic caucus indicated that they would vote against advancing the bill unless leadership could work out an eleventh-hour deal.

    Sen. Joe Manchin (D-W.Va.) called the bill the “same old repeated story from Mitch McConnell.”

    “I’m not going to vote yes then no and this and that. … If they can work out something between now and 3, then that’s fine,” he added.

    Sen. Chris Van Hollen (D-Md.) called the GOP bill “bad news” and said it was focused on “bailing out the biggest corporations.” He added that blocking the bill over the procedural hurdle could force both sides back to the negotiating table.

    “In my view, right now it would be giving people unrealistic hope to proceed now. We should let people know immediately that Republicans have taken a U-turn,” he said.

    #112847
    wv
    Participant

    Some talk about the bill in this:

    #112848
    zn
    Moderator

    #112879
    Zooey
    Moderator

    Why the Democrats slowed down the bill:
    • McConnell’s bill includes a $500,000,000,000.00 corporate slush fund for CEOs and the ultra rich to be given at the discretion of Treasury— while leaving workers, families and children out to dry.
    • McConnell’s bill has weak stock buyback language that can be waived by the Treasury Secretary; executive compensation limits only last for two years; language on worker retention is weak and includes easy outs for companies; there are no assurances in the language that workers will benefit.
    • The bill doesn’t protect workers from being fired, even by companies that get millions of dollars.
    • The bill provides little transparency of the lending done by Treasury (amount and to whom?).
    • There are no specific provisions to protect from individuals from eviction, foreclosure or forbearance.
    Other Major Problems:
    • No money for state and local governments.
    • No additional SNAP funds.
    • No OSHA language to protect workers.
    • No expanded emergency leave provisions.
    • Only 3 months on Unemployment Insurance – this is an insufficient length given the scope of the crisis.
    • Direct Payments are not available to the millions of people who did not file a return in 2018 or 2019.
    • No money to help with the treatment of the uninsured.

    #112880
    Zooey
    Moderator

    #112881
    Zooey
    Moderator

    COpied this from some stranger dude on the internet:

    Prohibit buybacks and executive bonuses for 5 years from any company receiving bailouts. Demand a limit to corporate salaries to 400 thousand ( US presidential salary) for 2 years, limit outsourcing, outlaw unjustified firings, and force paid sick leave as a condition for any US company to receive Coronavirus relief taxpayer funds. Demand full and immediate transparency to a dictatorial Congress appointed Financial Control Board about taxpayer fund use as a prerequisite to periodic scheduled partial fund disbursements (just like Republicans did to Puerto Rico). Oh!, and drug test their executives, you know, to please the so called conservatives.

    #112888
    Billy_T
    Participant

    Krystal Ball: Suspend capitalism NOW, and do not resuscitate”

    As the young kids used to say, OMG!!

    I did not know Krystal was an anticapitalist!! — or at least “born again.”

    That was an awesome opening, though her conservative co-host doesn’t sound like he’s there with her.

    Loved her rant. Spot on!

    I know she didn’t have time to get into a host of things . . . but, obviously, another huge reason to dump capitalism forever is that it doesn’t do prevention. It can’t make money on that. It can’t make money on rainy-day stockpiles. It must sell, sell, sell, world without end. And, of course, that leads to more pollution, waste, extinction of wildlife and eco-systems and further acceleration climate change . . . . which will, in turn, produce more pandemics, with ever greater lethality and scope.

    I know I’m terrible at conveying stuff like the above, and I know I’m just singing to the choir . . . but we need to choose:

    Capitalism or the planet. We can’t have both. They’re intrinsically, permanently at (deadly) odds.

    • This reply was modified 4 years, 6 months ago by Billy_T.
    #112908
    zn
    Moderator

    #112980
    zn
    Moderator

    #112981
    zn
    Moderator

    #112982
    zn
    Moderator

    #112992
    Zooey
    Moderator

    GEEEZ. Whadda buncha #@)#$&.

    So…$2.2 trillion, and the consensus on the thing is just…not even debatable. The only two points that held it up was the TRIVIAL amount of money given to people who ARE UNEMPLOYED, and the amount of oversight on the corporate slush fund. Those are the only things they argued about. Complete agreement on everything else, including the $500 billion slush fund.

    Republicans are worried that a few people might get a couple hundred bucks more than they ordinarily would.

    And Democrats fight for the pretense of oversight like they had for TARP which was next to useless.

    And the Republicans…I mean…long gone is any pretense that they care about how much money the government spends. The emperor has no clothes on that, even if they cynically play that song come election season. They don’t care about the deficit. Not in real life. That’s obvious.

    So…what does that SAY about their quibbling over a hundred bucks? They aren’t motivated by fiscal restraint. So…what actually motivates them to fight over this paltry sum of money?

    They. Have. CONTEMPT. For. Poor. People.

    Abject contempt. They WANT them to suffer. Even if that isn’t in their conscious thought – and I’m sure they would deny it. But you tell me…play devil’s advocate for me…tell me what other motive could possibly fill in the blank for why they fought over that number. Because it wasn’t about the cost to the government.

    They WANT people to go back to work even though they know it’s life-threatening for people to do that, and will overwhelm our health care professionals. They don’t care. They need the engines to keep stimulating their wealth. That is their highest priority.

    And Graham! Attacking nurses – NURSES! – during a pandemic!

    This is the Great USA. This is Our Country.

    And everybody here knows them. I’m screaming at all my friends who already know this. Fuck these people, man.

    #112994
    Billy_T
    Participant

    GEEEZ. Whadda buncha #@)#$&.

    So…$2.2 trillion, and the consensus on the thing is just…not even debatable. The only two points that held it up was the TRIVIAL amount of money given to people who ARE UNEMPLOYED, and the amount of oversight on the corporate slush fund. Those are the only things they argued about. Complete agreement on everything else, including the $500 billion slush fund.

    Republicans are worried that a few people might get a couple hundred bucks more than they ordinarily would.

    And Democrats fight for the pretense of oversight like they had for TARP which was next to useless.

    And the Republicans…I mean…long gone is any pretense that they care about how much money the government spends. The emperor has no clothes on that, even if they cynically play that song come election season. They don’t care about the deficit. Not in real life. That’s obvious.

    So…what does that SAY about their quibbling over a hundred bucks? They aren’t motivated by fiscal restraint. So…what actually motivates them to fight over this paltry sum of money?

    They. Have. CONTEMPT. For. Poor. People.

    Abject contempt. They WANT them to suffer. Even if that isn’t in their conscious thought – and I’m sure they would deny it. But you tell me…play devil’s advocate for me…tell me what other motive could possibly fill in the blank for why they fought over that number. Because it wasn’t about the cost to the government.

    They WANT people to go back to work even though they know it’s life-threatening for people to do that, and will overwhelm our health care professionals. They don’t care. They need the engines to keep stimulating their wealth. That is their highest priority.

    And Graham! Attacking nurses – NURSES! – during a pandemic!

    This is the Great USA. This is Our Country.

    And everybody here knows them. I’m screaming at all my friends who already know this. Fuck these people, man.

    If this doesn’t wake up Americans, nothing will.

    They found a way to come up with trillions — with more to come — to bail out corporate America, again. But for generations, we were told there was nothing we could do about mass poverty, hunger, homelessness, medical bankruptcies, permanent barriers to higher ed for the poor, permanent barriers to housing, living wages, etc. etc. We apparently can’t do anything about the environment, dead zones in our oceans, etc. etc. No money. None. Supposedly.

    Obviously, if we can find this money now — and money has always been a fiction, an arbitrarily defined, artificially created, totally fictitious representation of “value” — we could have found it to end poverty and all the things mentioned above.

    And, just to be clear: I don’t mean tagging money to gold. I see that as basing one fictitious value on another fictitious value. I’m saying We the People need to take control of all of our fictions and make them work for us in reality.

    The veil has been lifted permanently. Will Americans even see this?

    #113000
    zn
    Moderator

    #113035
    Zooey
    Moderator

    I hadn’t thought of one aspect of this: all this money going to Corporations is going to allow them to buy up more small businesses. That’s what they are going to do with it.

    #113044
    wv
    Participant

    They. Have. CONTEMPT. For. Poor. People….

    This is the Great USA. This is Our Country…

    And everybody here knows them. I’m screaming at all my friends who already know this. Fuck these people, man.

    ===================

    And poor people and working people will continue to vote for them.
    No-one will twist their arms. They dont have to.
    But they will. Biden. Trump.

    w
    v

    #113045
    wv
    Participant

    If this doesn’t wake up Americans, nothing will…

    The veil has been lifted permanently. Will Americans even see this?

    ==================

    No, the Veil has not been lifted. Leftists already knew all this.

    The rest of the nation will stay exactly as they were. Dems will blame Reps.
    Reps will blame Dems. The game will continue.

    The biosphere will continue circling the drain, BT.

    There will not be any ‘awakening’. You cant ‘wake up’ when youve been propagandized all your life.

    Watch the next Primary election. Watch the next election cycle for Senators.

    w
    v

    #113049
    Zooey
    Moderator

    No, the Veil has not been lifted. Leftists already knew all this.

    The rest of the nation will stay exactly as they were. Dems will blame Reps.
    Reps will blame Dems. The game will continue.

    The biosphere will continue circling the drain, BT.

    There will not be any ‘awakening’. You cant ‘wake up’ when youve been propagandized all your life.

    Watch the next Primary election. Watch the next election cycle for Senators.

    w
    v

    And the politicians KNOW this. They know it so well that they don’t even PRETEND anymore. They just come out and say it. You know…”We’re going to come take your social security away, kill Obamacare, gut Medicare…all of it. We’re going to take every fucking cent you have and give it to rich people.” And a quarter of the people cheer this, and a quarter of them say, “Well, we need to put somebody in office who is reasonable and can make some incremental deals,” and the other half of the people stay home and don’t vote at all because it’s boring, or because it’s pointless to vote.

    They just took $6,000 from every family in this country and handed it over to corporations that don’t need the money. Boeing is all like, “Well…I dunno if we are gonna take all that money if it has too many strings attached to it.” That’s how desperate they are. “Just give it to us, or no deal.”

    Mitch McConnell must be laughing his ass off right now.

    #113067
    InvaderRam
    Moderator

    i read that denmark is gonna be paying their people up to 3300 dollars a month to stay home and not work until this is over.

    #113072
    Billy_T
    Participant

    If this doesn’t wake up Americans, nothing will…

    The veil has been lifted permanently. Will Americans even see this?

    ==================

    No, the Veil has not been lifted. Leftists already knew all this.

    w
    v

    Well, WV, I don’t want to get into a virtual argument with you, that might lead to virtual fisticuffs, cuz right now I definitely can’t take a punch.

    ;>)

    Had a second round of eye (retinal tear) surgeries this week (Wednesday and today), and when I awoke from a nap this afternoon, took off the bandage, the eye looked like I had lost a fight with Deacon Jones.

    Anyway . . . you and I are saying close to the same thing. I’m saying external reality is X, that there’s no excuse now for anyone to still believe it’s not X, and then asked if the rest of America will finally see X, cuz the veil on that reality has clearly been lifted once and for all. I didn’t say they necessarily see the lifting of the veil, etc.

    And I know leftists already know X, being a leftist meself. I know that the capitalist system has engaged in ever-successful gaslighting, which gets more and more pernicious by the minute.

    But this latest pandemic and response are different. This makes it abundantly clear that trillions of dollars can be made to magically appear yet again to “save the economy,” but money wasn’t available before when people were (and still are) starving, homeless, without medical care, etc. etc.

    Anyway, the latest polling, apparently, has Trump over 50% for the first time in his presidency. Which tells us No, they won’t see the lifting of the veil. And, it tells me, more than half of this nation has lost its mind.

    #113080
    Billy_T
    Participant

    A much needed follow up.

    Told my sister about today’s operation, and we talked about myriad other things. She sent me this afterwards. No attribution available:

    I’ve given up drinking for a month.

    Sorry, bad punctuation.

    I’ve given up. Drinking for a month.

    #113086
    InvaderRam
    Moderator

    https://www.cnn.com/2020/03/27/investing/tax-bill-real-estate/index.html

    Wealthy real estate developers like Trump score a huge tax break in the stimulus bill

    #113127
    zn
    Moderator

    #113128
    Zooey
    Moderator

    Additional thought…what with the new push for people to go back to work….

    THAT’S why they wanted the stimulus to be low. So they can say they did it, but when the “offer” to let people “decide” if they want to go back to work…there is really no choice.

    They want everybody going back to fucking work while they hang out in their vacation homes.

    #113132
    Billy_T
    Participant

    Additional thought…what with the new push for people to go back to work….

    THAT’S why they wanted the stimulus to be low. So they can say they did it, but when the “offer” to let people “decide” if they want to go back to work…there is really no choice.

    They want everybody going back to fucking work while they hang out in their vacation homes.

    And that’s always been the essence of capitalism. Michael Perelman’s The Invention of Capitalism is filled to the brim with direct quotes from political economists back in the day, especially Smith and company in the 18th and 19th centuries, plus a philosophe or two or three. It’s amazing how often they tried to work-shame “the peasants” into the factories, resorting to the bible constantly. Or that work-shaming would come directly from the pulpit, with the urging of the rising capitalist class.

    And they’d attack it from the other side, too, saying if someone didn’t “improve” their land — make a profit from it — they really didn’t have any “right” to keep it. Locke was especially monstrous on that count. This gave cover to the mass theft of indigenous people’s lands all over the world, and the further “enclosure” of the Commons in the so-called civilized world.

    “Not making profits off your lands? You can’t claim that it’s yours then. Sorry, but we own it now, cuz we’re virtuous, hard-working Christians and we will ‘improve’ it unlike you heathens.”

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