Democrats rejected a Republican bill meant to be a stimulus for the coronavirus epidemic, and the markets tanked on the news… even further.Can't blame McConnell for being furious about this destructive partisanship...
Apparently Democrats are working on their own bill, but that is going to take time that will further tank the stock market. So in other words, hang on to your 401ks, it’s gonna be a bumpy ride.Democrats torpedoed a bipartisan emergency bill that:— Dan Crenshaw (@DanCrenshawTX) March 23, 2020
-Provides payroll & rent for small business
-Credit to businesses across America to keep them afloat
- Cash in American’s pockets
-⬆️ unemployment benefits
They have no good reasons. Just partisanship. Call your reps NOW. pic.twitter.com/7WvBaX2wxTBREAKING: Futures fall 5%, hitting 'limit down' https://t.co/Ff3kD3izLD pic.twitter.com/QiBVmOSBG6— CNBC Now (@CNBCnow) March 22, 2020
...burning the whole country down...and it still won't win them the White House!The American people expect us to act. If we fail, it will be because Senate Democrats are continuing to dither while the country expects bold, bipartisan action. pic.twitter.com/23pFHoDtCl— Leader McConnell (@senatemajldr) March 23, 2020
Related link: You can actually see New York Times headline evolve from truth to propaganda on coronavirus stimulus
ADDENDUM: McConnell calls'em out, AGAIN!
“This is a tremendous opportunity to restrict things to fit our vision.”
~ Pelosi’s top lieutenant Rep. James Clyburn
UPDATE: Senate Democrats block stimulus bill AGAIN! This via tRS:
Democrats have again blocked the stimulus bill from progressing in the Senate, which is reportedly up to 2 trillion dollars now:
The bill started last week at just below 1 trillion dollars. Now, presumably due to Democrat demands, it’s doubled in size to 2 trillion and yet they still won’t vote for it? Considering all that’s going on with closures, stay-at-home orders and the spread of the coronavirus, I do find this quite shocking and believe Democrats are playing a dangerous game with the elections only months away. That being said...2 trillion dollars???JUST IN: Senate Democrats have again blocked McConnell's $2 trillion stimulus plan.— QuickTake by Bloomberg (@QuickTake) March 23, 2020
Read more @business: https://t.co/OF8ICmApaw pic.twitter.com/PASUWhqMmn
WTH?! Shameful. And for what exactly? This...
Related link: Trump puts pressure on Democrats to pass the coronavirus stimulus bill TODAYThis will never be approved by me, or any other Republican! https://t.co/jWcGaS2QZC— Donald J. Trump (@realDonaldTrump) March 24, 2020
UPDATE II: Two days later...but there's still a maybe...
So there you go. 2 trillion dollars will pass with unanimous consent and, assuming there are no objections in the House when it gets there, should land on the president’s desk to be signed tonight or tomorrow.We'll see when we get there, but there's no reason this should have take this long. Dems have played the worst kind of politics at the worst possible time.
ADDENDUM II: Passes the Senate! Now on to the House...
UPDATE III: And now passed the House...on to the President's desk...
You can just about bet there's some Pelosi pork in there, unfortunately.
ADDENDUM III: And there ya go...
The bill includes $500 billion in direct checks to American families, $500 billion in small business loans, $150 billion in hospital funding and a $150 billion relief fund for state and local governments, among other measures. ...
Despite both sides of the aisle working tirelessly with each other to pass the act in just one week, no Democrats were in the Oval Office for the signing.
The president was joined by Senate Majority Leader Mitch McConnell, House Minority Leader Kevin McCarthy, Vice President Mike Pence, Treasury Secretary Steven Mnuchin and McConnell’s wife, Transport Secretary Elaine Chao.
Noticeably absent were House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer (D-NY).