Politburo Passes $1.9 trillion Stimulus with 0 Republican Votes

The House on Wednesday passed the $1.9 trillion stimulus package following modifications made by the Senate to their original bill. It now heads to President Biden’s desk, where he is expected to sign it on Friday according to White House spokeswoman Jen Psaki

No Republicans voted for the stimulus.

The president hopes to sign the bill Friday after Congress formally sends it to the White House, which can take days for large bills. Biden will check off his first major legislative item as the U.S. tries to ramp up Covid-19 vaccinations and jolt the economy.

Here are the proposal’s major pieces:

  • It extends a $300 per week jobless aid supplement and programs making millions more people eligible for unemployment insurance until Sept. 6. The plan also makes an individual’s first $10,200 in jobless benefits tax-free.
  • The bill sends $1,400 direct payments to most Americans and their dependents. The checks start to phase out at $75,000 in income for individuals and are capped at people who make $80,000. The thresholds for joint filers are double those limits. The government will base eligibility on Americans’ most recent filed tax return.
  • It expands the child tax credit for one year. It will increase to $3,600 for children under 6 and to $3,000 for kids between 6 and 17.
  • The plan puts about $20 billion into Covid-19 vaccine manufacturing and distribution, along with roughly $50 billion into testing and contact tracing.
  • It adds $25 billion in rental and utility assistance and about $10 billion for mortgage aid.
  • The plan offers $350 billion in relief to state, local and tribal governments.
  • The proposal directs more than $120 billion to K-12 schools.
  • It increases the Supplemental Nutrition Assistance Program benefit by 15% through September.
  • The bill includes an expansion of subsidies and other provisions to help Americans afford health insurance.
  • It offers nearly $30 billion in aid to restaurants.
  • The legislation expands an employee retention tax credit designed to allow companies to keep workers on payroll.

The bill passed the House by a 220-211 margin without a Republican vote, as the GOP argues the job market has recovered enough to warrant little or no new stimulus spending. One Democrat, Rep. Jared Golden of Maine, opposed it. Democrats also approved the plan on their own in the Senate through the special budget reconciliation process.

Biden in a statement Wednesday celebrated the bill’s passage and said he planned to sign it into law Friday.

What do you think?

26.8k Points

Comments

0 0 vote
Article Rating
Avatar
Subscribe
Notify of
25 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
final frontier
1 month ago

 This is exactly how much it costs to buy the presidency. Now you know. 

Hanifah
1 month ago

If you think your fascist boss is a jerk? Just wait until he starts calling himself a socialist. 

Rey
Rey
1 month ago

Biden couldn’t even remember the name of the building he is currently living in (The White House), and will sign anything so long as Hunter arranges his 10% cut

Deepend
1 month ago

In case you were wondering why everyone in DC has that same smug look on their faces.

Firepole
1 month ago

Chump change to the hoards …. tens of billions for the insiders.

real2211
1 month ago

Did you know that the Senate included a caveat that if the States accept the new money in this bill, they AGREE to NOT reduce State taxes??? WTF???

laser
1 month ago

history rhymes.
just wait until the treasury defaults on all those tbills.
you’ll need wheelbarrows of USB sticks to buy a loaf of bread with your FED crypto currency.

Kinda
1 month ago

China needs their cut and Big guy wants his 10% too.

Crasher K
1 month ago

$1.9 trillion = $1.7 trillion in graft for the politically connected + $.2 trillion relief for the rest America

Uncle Chubby
1 month ago

Obamacare redux. No Republican voted for it- didn’t have to since it was going to pass without them. SO for optics they voted against it even though really, they were in favor of it then and are now.

Jessica
1 month ago

Just print a million for everyone.

Rudi Mentary
1 month ago

Within one year 90% of that money will be parked in 1 percenters accounts.

Antimedia
1 month ago

Looks like Nancy gets her subway to Silicon Valley.

zwero
1 month ago

$1,400 isn’t enough to stimulate me. It would minimally have to be $1,400 per week. Send it back! Do it right this time! I deserve my $$$$$. It is my right as a citizen of the USA and a member of the D party. You owe me!

Kilobase
1 month ago

Free money!!!!! Whoop whoop.. My baby daddy gonne get me a nu cell foone

Vic Multani
1 month ago

The Democrat Pork BIll is what it is . 
The financial rape of future generations by the USA Communist Party in waiting . 
Absolutely disgusting these criminals get away with this .

supreme
1 month ago

Is rent/mortgage moratorium extension part of this stimmie bill? If so, Venezuela here we come!

Real Doge
1 month ago

bailout money for the failed blue states

ipost
1 month ago

Are bills signed while mentally incapacitated legal…? asking for a friend

RV
RV
1 month ago

Cuomo can relax & fondle some more woman or kill some more seniors as his horrendously run state, where billions are wasted on illegals, gets a bail out.

Gaslit
1 month ago

Student loan forgiveness next.. how this is related to COVID will surprise everyone, especially Biden.

Direct Link
1 month ago

From now on it’s the democrats passing ever-more stimulus and blue-state bailouts until the US dollar is worthless.

Next stimulus bill is $4 trillion?

R Bases
1 month ago

Rigged elections, rigged politicians, rigged financial systems…they know exactly what they are doing when they sign this! Biden the puppet has zero clue what’s going on…..

WTF
WTF
1 month ago

Big business and big government win again, keep everyone else poor and reliant upon their master

American
1 month ago

The working poor just got stabbed in the back. You will be paying for this stimulus every day for the rest of your life in the form of inflation.

Loading…

0
Avatar

Posted by No Comment

Gaslit: How the fossil fuel industry convinced Americans to love gas stoves

Masks Can Be Detrimental to Babies' Speech and Language Development