McConnell, Pelosi say deal on coronavirus stimulus is close

[turbinetree]

Last edited Tue Mar 24, 2020, 01:06 PM - Edit history (1)

Published: March 24, 2020 at 11:34 a.m. ET

By Greg Robb, Robert Schroeder and Jonathan Nicholson

White House officials estimate the bill will total $2 trillion to aid economy shut down by pandemic

Senate Majority Leader Mitch McConnell and Speaker of the House Nancy Pelosi on Tuesday were optimistic that a compromise trillion-dollar coronavirus economic stimulus bill would be agreed to later in the day.

McConnell, speaking at the opening of Tuesday’s Senate session, said he believes negotiators are on “the five-yard line.”

“Today we can make all of the Washington drama fade away,” the Kentucky Republican said. “We are very close.”

https://www.marketwatch.com/story/mcconnell-pelosi-say-deal-on-coronavirus-stimulus-is-close-2020-03-24?mod=home-page

-snip-

A senior Trump administration official said the oversight provisions on the $500 billion fund would be similar to those in the 2008 Troubled Asset Relief Program.

“Similar to what we did in TARP where there was both the Inspector General for the operation... and an oversight committee, an oversight board. You remember that’s how Elizabeth Warren made her bones,” the official said, speaking on condition of anonymity.


Okay, senior trump official, either its (Kushner or Ivanaka, Ludlow), you said the provisions would be similar to the TARP situation................. really are you kidding me.......... ............millions of home owners saw what happened in that shit sandwich, just ask Mnuchin how he did.......................he got to be Treasury Secretary, after he forced thousands from there homes into bankruptcy to be a party of the treason team ............ ......... ...................... and as for your snide remark about Warren.........................your fucking libertarian party damn near dismantled the CPFB and hate protecting the consumer and your party is still attacking the agency she set up.......... .............and I really don't think a fucking bank, or fucking CEO's should get any money from this proposal or any other organization that got a tax break from 39.9% down to 21%........ ..........I think, and millions of others think, that relief from student debt, mortgage payments, renters payments, credit card and car payments should be priority and not some senior official sitting in the white house with his thumb up someone else ass, trying to score brownie points..................

[Varaddem]

1. Please God don't believe this Speaker Pelosi

They have shown what they think of oversight And the rule of law. Their version of the rule of law is “ what are you going to do about it heh heh”.

[jimfields33]

2. Speaker pelosi knows people need money

It’s the second paycheck missed by weekly people who get paychecks and first for biweekly check getters. Pelosi got what she wanted and that was transparency. I have no doubt shell be watching like a hawk their every move.