Mitch McConnell's Dirty Double-Cross On Stimulus Checks

[Yo_Mama_Been_Loggin]

If something sounds too good to be true, it probably is.

This week began with Congressional Democrats proposing a $750 billion stimulus package to mitigate the damage being done to the economy by the shutdowns (soon to be, lockdowns) over COVID-19, the Coronavirus.

-snip-

On Saturday, the Wall Street Journal reported that final package being negotiated in the Senate could exceed $2 trillion.

-snip-

The proposal, first unveiled by Senate Majority Leader Mitch McConnell (R-KY) on Thursday would issue payouts of $1,200 to individuals, $2,400 to married couples and $500 per dependent child.

But here’s the part that most Americans did not see coming.

The McConnell proposal calls for giving Americans that money as an advance on a future tax refund.

-snip-

The government is not giving you money; it is giving you an advance on the tax refund you would be expecting in 2021.

https://electionopinions.com/2020/03/21/mitch-mcconnells-dirty-double-cross-on-stimulus-checks/

[stopbush]

1. From what I've heard, all of the above has been scrapped.

[jayfish]

2. Not Sure How Relevant This Is Anymore But;...

who would be surprised by this? This was called out here before the ink was even dry.

[lark]

3. But of course the rich companies get no strings at all.

Oligarchs R Us, aka Russian Repugs are definitely running the WH & the Senate. Let them die is their motto and they are doing their dead level best to make that happen.

[DrToast]

4. Well, that's dead now anyway

[Maeve]

5. Well, since we never get a tax refund....

But I believe he lost that battle already

[Buckeye_Democrat]

6. More "tough love" from Moscow Mitch.

”Tough love is just the right phrase: love for the rich and privileged, tough for everyone else.“ - Noam Chomsky

[OneBro]

7. Even if the deal died, McConnell's attempt is still great fodder for an ad against him.

McConnell obviously sees us regular folk as little more than blood donors for corporations.

[Indykatie]

8. This is NOT The Most Current Information - Article You Linked is Dated March 21 Which is a Clue

The last version I read about said if you earned more than $75,000 in 2020 you would have to pay some of the payment back. That makes sense to me. If you made $75K in 2020 you most likely did not experience a significant disruption in your employment from CV-19. I also believe the amounts that Pelosi negotiated are higher than those referenced in your linked article from 3/21. I'll try and find a summary from late today.

[Hoyt]

9. Would like to see that from a better source.

[brush]

10. So what's the story now, does everybody get a check?