You might get a thousand dollars stimulus package

[NYCgrrl]

Just said same to my mom - it's ridiculous ! Seems like both sides want to be able to say "it was OUR proposal"

There were many ideas out there before the first bill hit a desk. Not surprised this isn't a rush job. On the other hand the shutdowns and layoffs are a little less than a month old. Should anyone have to have this money 4 weeks, in they've bigger financial problems that a single1K certainly won't solve or even mitigate.

 

[SaintsManiac]

It makes it so hard to take anything they say seriously. Any politician - anything that comes out of their mouth is political posturing to further their career or agenda.

Like I said, there's a small group that actually cares. I won't go into it further to avoid being "political" here.

 

[Farro]

There were many ideas out there before the first bill hit a desk. Not surprised this isn't a rush job. On the other hand the shutdowns and layoffs are a little less than a month old. Should anyone have to have this money 4 weeks in they have bigger financial problems that 1K certainly won't solve.

How nice.

 

[SaintsManiac]

There were many ideas out there before the first bill hit a desk. Not surprised this isn't a rush job. On the other hand the shutdowns and layoffs are a little less than a month old. Should anyone have to have this money 4 weeks, in they've bigger financial problems that a single1K certainly won't solve or even mitigate.

I'll tell the people I know that live off of tips you said so.

 

[Deploraboo]

I know one thing, A thousand bucks is more than zero. I could always use another thousand bucks. Some people need it desperately. Perhaps soon we all will Even the fancy people here in NYC.

 

[NYCgrrl]

How nice.

How unfortunately true. I'm not apportioning blame just being realistic. The various thoughts that were out there were social net solutions, cash payment, and corporate and small business subsidisation. I'm not having a problem for all the solutions to be hashed out so that one bill goes through but if a bill is half stepping -why bother?

 

[tinkerhon]

Vote has been pushed back to 6PM ( if it even happens)

 

[NYCgrrl]

I'll tell the people I know that live off of tips you said so.

I've lived off of tips in the past; nothing has changed on that level. Fed the family on a 10 lb bag of rice one summer and dusted in the house corners for the change West Indians put there (and under the linoleum) for good luck. Never knew it meant I'd now have enough to buy an onion and gave a whole new meaning to the tradition. Still do it because you just never know.

No need to try to make this personal when another expresses an opinion you are uninformed about as to why.

 

[wvjules]

Have any of you read what is in this ridiculous package put together by the GOP and WH? it’s infuriating.

 

[NYCgrrl]

Have any of you read what is in this ridiculous package put together by the GOP and WH? it’s infuriating.

I suspect many haven't read it because it's so new and counter proposals were bandied about. To directly answer your question, I have and don't think it will accomplish what is wanted. Not getting dinged for politics.

 

[Deploraboo]

Read about as much of it prior to passage as TARP and Obamacare.

 

[Searc]

A debt holiday is basically a pause on recurring payments. Housing and utilities have been the main focus of the push, because they're essential and because everyone knows that merely suspending payments so that people get hit with 3 or 4 months' worth of expenses all at once when the moratorium is lifted is only going to postpone the crisis. Most households would never be able to catch up. Student loans have also been part of the conversation, simply because they're under the direct authority of the federal government already and because the consequences of default can be so disruptive.

So the holiday idea is a pause button so that not only are no payments due, there is also no past-due balance stacking up. With mortgages and student loans, it would prolong the payoff period by however long the "holiday" lasts - basically just tacking the missed payments on to the end, a measure that was proposed to ease the foreclosure crisis in '08 but rejected for political reasons. It is less clear how it might work for utilities, and I've read a few plans. I think the easiest is a targeted tax credit for utility companies that would make up for the lost revenue, but I know at least one of our essential utilities are provided by a company that gets held up as an example of corporate welfare because of a near-zero or net-zero tax liability in most years so they may not be convinced to participate by a credit they don't need.

Info about student loans was already announced. I don't know if I can link info, but you can google it and get the details.

 

[mefordis]

These stimulus plans - it's like we are all on the sinking Titanic and they bring the people in steerage up to get on lifeboats that have hulls holier than swiss cheese.

 

[Colleen27]

There were many ideas out there before the first bill hit a desk. Not surprised this isn't a rush job. On the other hand the shutdowns and layoffs are a little less than a month old. Should anyone have to have this money 4 weeks, in they've bigger financial problems that a single1K certainly won't solve or even mitigate.

Multiple surveys show that around 3/4 of American households live paycheck to paycheck. A lot of people need that money within 4 weeks. We can talk in circles about bigger financial problems (and I do agree they exist - how could they not with our rising cost of living and stagnant wages) but they're not going to be solved in the middle of a crisis.

Have any of you read what is in this ridiculous package put together by the GOP and WH? it’s infuriating.

I haven't seen anywhere to read the newest version, with the weekend's updates. Do you have a link?

Info about student loans was already announced. I don't know if I can link info, but you can google it and get the details.

It was announced with great fanfare in front of the cameras, but without details and guidance on implementation yet. I got an email from my servicer a day or two ago basically saying "We know the president said that these relief measures are coming, but we've received no direction on how to implement them. Until we do, you must continue making payments as scheduled."

 

[LongLiveRafiki]

I dislike the way Congress as a whole tries to enact legislation. They cram SO much stuff into each bill that it makes it harder to get anything passed because while they may come to an agreement on one provision in the bill, they can't for another. So then the negotiations begin of we'll add x to the bill to make you happy, but in return we want to add y. Or, we'll increase/decrease funding for x to make you happy, but then we're also going to increase/decrease funding to y. And it keeps going on and on and in many cases reaches a stalemate, resulting in the provisions they initially agreed upon never being passed since they're bundled in with so many other things in the bill. Just take one issue at a time (like JUST unemployment expansion or JUST the $1000 checks or JUST the airline bailout, etc), dedicate all your focus to reaching am agreement on that and pass it. Then draft a new bill for the next issue and so on. It seems like that would be more logical and bills would get passed quicker since they're shorter/faster to read and you aren't splitting up your members in 10 different directions debating multiple different provisions.

 

[runwad]

I dislike the way Congress as a whole tries to enact legislation. They cram SO much stuff into each bill that it makes it harder to get anything passed because while they may come to an agreement on one provision in the bill, they can't for another. So then the negotiations begin of we'll add x to the bill to make you happy, but in return we want to add y. Or, we'll increase/decrease funding for x to make you happy, but then we're also going to increase/decrease funding to y. And it keeps going on and on and in many cases reaches a stalemate, resulting in the provisions they initially agreed upon never being passed since they're bundled in with so many other things in the bill. Just take one issue at a time (like JUST unemployment expansion or JUST the $1000 checks or JUST the airline bailout, etc), dedicate all your focus to reaching am agreement on that and pass it. Then draft a new bill for the next issue and so on. It seems like that would be more logical and bills would get passed quicker since they're shorter/faster to read and you aren't splitting up your members in 10 different directions debating multiple different provisions.

Common sense, right? Something that is in short supply now a days

 

[TLSnell1981]

I do NOT like sausage!

 

[dish rag]

Common sense, right? Something that is in short supply now a days

In many ways.

 

[MillauFr]

I'm sure the lobbyists know what is in the bill. They wrote most of it.

 

[Hikergirl]

I dislike the way Congress as a whole tries to enact legislation. They cram SO much stuff into each bill that it makes it harder to get anything passed because while they may come to an agreement on one provision in the bill, they can't for another. So then the negotiations begin of we'll add x to the bill to make you happy, but in return we want to add y. Or, we'll increase/decrease funding for x to make you happy, but then we're also going to increase/decrease funding to y. And it keeps going on and on and in many cases reaches a stalemate, resulting in the provisions they initially agreed upon never being passed since they're bundled in with so many other things in the bill. Just take one issue at a time (like JUST unemployment expansion or JUST the $1000 checks or JUST the airline bailout, etc), dedicate all your focus to reaching am agreement on that and pass it. Then draft a new bill for the next issue and so on. It seems like that would be more logical and bills would get passed quicker since they're shorter/faster to read and you aren't splitting up your members in 10 different directions debating multiple different provisions.

It is logical to us the people, but the fact is that all they really care about is getting their stuff passed.
I won't go as far as to say that they cheer when things like this happen, but they certainly use the opportunity to fast track their agendas when they do.
It's really disheartening, we citizens deserve a Congress that fights for us not for themselves.