Law Dems blocking Senate relief bill bc it doesn't cancel $10k of student debt

[MicroBrew]

Apparently the Senate bill not cancelling thousands of dollars of student debt is one of the main sticking points for Democrats.

https://www.politico.com/newsletter...s-as-sticking-point-in-stimulus-debate-786310



This is really despicable.

That's not the main criticism. Democrats are opposed to Republicans sneaking in Corporate Bailouts and not enough funding for healtcare.


Schumer complained that McConnell’s bill was partisan. He said it amounts to “a large corporate bailout” with insufficient oversight, and shortchanges the health-care response to the pandemic. He said there should be “much more money” for hospitals for equipment that is rapidly becoming in short supply.
https://fortune.com/2020/03/23/coronavirus-bailout-bill-paralyzed-senate-corporate-aid/


Democrats block package after dispute with GOP over corporate bailout provisions and aid to workers
https://www.wsj.com/articles/admini...nalize-coronavirus-rescue-package-11584889949

 

[shockaholic12]

Probably because this bill totally fails to prevent the corporate excesses and abuses that followed past taxpayer bailouts. LOL at conservatives just wanting to throw mountains of cash to the corporations for them to burn without very much at all focused on protecting the worker.

And as others have pointed out, not nearly enough to for the health care operations that are actually on the ground fighting this.

 

[Strychnine]

 

[Hadron90]

I still owe a decent amount of money (federal loans) and while I'm not going to argue with them erasing any portion of it.… I'd be perfectly fine repaying whole amount I agreed to pay back without interest.

Make Trumps hold on interest permanent. I'll pay that shit off twice as fast.

I've said from the beginning that the eliminating interest on student loans was the best way to handle student debt. We can't afford free college, but at the same time the government shouldn't be profiting off of it.

 

[plataoplombo]

WTF do student loans have to do with what's going on? If the Dems are so concerned they should propose to halt repayments for a certain period of time.

 

[Hadron90]

But that's not really what is happening at all.

 

[KONG-D'SNT-TAP]

Pretty sure the main sticking point is the 500 billion dollar slush fund with no restrictions.

Yeah don’t think facts will change any of these far right extremists minds

 

[Mark Hunts FIST]

New emissions for Airlines????
are you fucking kidding me, Democrats.

 

[KING BONES]

back in my day...they paid me to go to college...full scholarship with some meat left on the bone

 

[Trotsky]

Has anyone actually read the bill? Republicans are packing horrible cronyism into the bill and giving more cash windfalls to corporations.

Ugh, @Jack V Savage please handle this

 

[K1levelgrappler]

Maybe the GOP shouldn’t be trying to make the bill as shitty and slanted in favour of their donors as humanly possible? Their original bill was a fucking joke. Just a giant grift machine basically.

 

[Trotsky]

Maybe the GOP shouldn’t be trying to make the bill as shitty and slanted in favour of their donors as humanly possible? Their original bill was a fucking joke. Just a giant grift machine basically.

Moron supporters feigning righteous outrage that Dems aren't signing off unconditionally on whatever grift the GOP wants is fucking pathetic

 

[Farmer Br0wn]

The democratic leadership is now openly attempting to destroy this nation, and crash our economy.

They're doing so only in the name of gaining and preserving power.

Two weeks ago, it would have been hyperbole to call the democratic leadership enemies of this nation, now it's looking like an understatement.

 

[shockaholic12]

Let's focus mostly on the shoveling as much taxpayer money into corporation's accounts as possible but not focus on unemployment insurance for the workers or restrictions on these welfare corporations laying off these workers who just paid for the bail out. Really smart.

Oh yeah, don't worry about health care workers and their need for supplies either. Can't lose a moment focusing on the little guy when there are on big corporate bail outs without strict restrictions to hand out first!

GOP overall really choking with it's response to this crisis.

 

[MicroBrew]

Pretty standard democrat play, though it's usually throwing a bunch of extra shit onto a bill and then saying "republicans block bill to..." and then name the one beneficial thing and none of the extra crap they tried throwing in. Democrats don't give a fuck about you, they just want power and dependent voters.

Democrats are usually the ones agitating for safety nets and more government assisstance for society. They are opposed to this bill because the GOP is trying to slide in Corporate Bailouts with laxed oversight and rules. Democrats do NOT oppose the help for families, small business and struggling individuals, which is why you see people like Ilhan Omar supporting Trump. Giving money to the average Joe is a very Social Democratic / Bernie and Democrat policy.

--
Major sticking points remain as of Sunday night, however. Democrats want more funding for hospitals and health care workers across the country who have struggled with shortages of beds and protective gear. They’re also demanding a bigger expansion of unemployment benefits for workers who get fired due to the pandemic.

“Wall Street’s going to do just fine. They’ve always rebounded real well ... let’s take care of the people we’re asking to take care of us if we need them,” Sen. Joe Manchin, a conservative Democrat from West Virginia, said in a floor speech.


Democrats are also unhappy with the portion of the bill aimed at helping distressed industries with at least $450 billion in loans. The massive fund would be controlled by the Treasury Department and could include bailouts to hotels, casinos, cruise lines, and the oil and gas industry. It includes virtually no restrictions on how the money would be distributed, allowing properties owned directly by President Donald Trump to receive a bailout, for example, according to a Democratic aide familiar with the negotiations.


Another provision in the bill Democrats oppose would allow Mnuchin to delay publicly releasing the names of businesses that receive a bailout, as well as the amounts of those loans, for six months.


“We’re not here to create a slush fund for Donald Trump and his family, or a slush fund for the Treasury Department to be able to hand out to their friends,” Sen. Elizabeth Warren (D-Mass.) told reporters. “We’re here to help workers, we’re here to help hospitals. And right now what the Republicans proposed does neither of those.”
--

Maybee the GOP / White House shouldn't be trying to use this emergency to give money to the 1% with little restrictions and oversight....

https://www.huffpost.com/entry/coronavirus-senate-relief-bill_n_5e77d45fc5b63c3b6492a6a6

 

[Chest Rockwell]

If dems were smart they would play the long game.

Pass the bill as is...watch it give billions to rich corporate pigs and have the people lose as usual. Get em riled up and blame it all on the republicans while ushering in numbers that would make the old tea party seem like nothing.

 

[Mark Hunts FIST]

Yeah don’t think facts will change any of these far right extremists minds

Maybe...but give me one good reason why they're trying to add in new emission standards for Airlines, to this bill?

 

[KOFalconPunch]

But that's not really what is happening at all.

people lost the ability to think critically or choose to not do so deliberately bc of current president.

Maybe the GOP shouldn’t be trying to make the bill as shitty and slanted in favour of their donors as humanly possible? Their original bill was a fucking joke. Just a giant grift machine basically.

maybe the democrats should have took this pandemic seriously back in january before it arrived in the USA, instead of proceeding and distracting people with a sham impeachment attempt that was the main story in the MSM.

Around the time Trump banned incoming flights from China and Pelosi and Chuck and media was calling him a racist, xenophobe, and doing “more harm than good” in fighting the pandemic according to WHO.

“they knew”, right? Just ask the current cognitive impaired democrat presidential nominee— that is if he knows what date it is today. Smh

 

[shockaholic12]

The democratic leadership is now openly attempting to destroy this nation, and crash our economy.

They're doing so only in the name of gaining and preserving power.

Two weeks ago, it would have been hyperbole to call the democratic leadership enemies of this nation, now it's looking like an understatement.

Ahhh yes, the old republican mantra "look at the scary boogeyman over there out to destroy our country!". You guys ever get sick of acting so hysterical lol?

 

[Jack V Savage]

Has anyone actually read the bill? Republicans are packing horrible cronyism into the bill and giving more cash windfalls to corporations.

Ugh, @Jack V Savage please handle this

The important thing is that we give millions or billions of dollars to hotel/resort owners, cut taxes on large estates, and bail out people who have run sham universities.

Really, what's the point? This thread is irredeemably stupid. There should be another one with a more serious discussion of the economic response.