Drudge Retort: The Other Side of the News
Wednesday, March 25, 2020

The White House and Senate leaders struck a major deal early Wednesday morning over a $2-trillion package to provide a jolt to an economy struggling amid the coronavirus pandemic, capping days of marathon negotiations that produced one of the most expensive and far-reaching measures in the history of Congress.

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This time holding America hostage backfired on the dems. That's the only reason they struck the deal.Trying to save face. Won't work. They should just hand the election to Trump and save the embarrassment of him winning in a landslide.

#1 | Posted by gracieamazed at 2020-03-25 10:03 AM | Reply | Funny: 1 | Newsworthy 2

on the $1,200 per person and $2,400 per couple payment.....the income restrictions....from when are they applied?

Would it have to be from 2018 tax year because 2019 hasn't been completed and they actually extended that deadline for filing to July....leading me to believe it's going to be determined from 2018 tax return.

#2 | Posted by eberly at 2020-03-25 10:33 AM | Reply

#2 That would make sense unless they are going off on the actual taxes you paid and not the return that would have deductions and additions on it.

#3 | Posted by gracieamazed at 2020-03-25 10:40 AM | Reply

hand the election to Trump and save the embarrassment of him winning in a landslide.

#1 | Posted by gracieamazed at

Where in the world do you get this stuff?

#4 | Posted by Zed at 2020-03-25 10:47 AM | Reply

#4 Joe Biden

#5 | Posted by gracieamazed at 2020-03-25 11:14 AM | Reply

Another $2 trillion dollars we don't really have. I hate these kind of rescue bills with all areas of concern lumped together. There should have been a relief bill for individuals weeks ago.

#6 | Posted by grumpy_too at 2020-03-25 11:23 AM | Reply | Newsworthy 1

Gov. Cuomo for President. Democrats need to draft him even if he doesn't really want to run. We need a real leader unlike Trump.

#7 | Posted by danni at 2020-03-25 11:24 AM | Reply | Funny: 2

This time holding America hostage backfired on the dems. That's the only reason they struck the deal.Trying to save face. Won't work.

#1 | POSTED BY GRACIEAMAZED AT 2020-03-25 10:03 AM | FLAG | PPPPPFFFFTTTTTT

Trumplethinskin can't un-own this... and neither can you. Once again the clowns abandon free market principles to save the free market. I don't know why you just don't call us socialist and get it over with.

The pig is leaving office in disgrace.

#8 | Posted by RightisTrite at 2020-03-25 11:35 AM | Reply

--Gov. Cuomo for President. Democrats need to draft him

If Biden does any more embarrassing interviews and "shadow briefings" that might happen. He looks like a feeble-minded old fool everytime he starts talking.

#9 | Posted by nullifidian at 2020-03-25 11:40 AM | Reply

@#1 ... This time holding America hostage backfired on the dems. ...

Really? To my eyes, it looked like the Republicans finally agreed to what the Democrats wanted.

The Democrats got one of the big things they wanted - oversight for the $500 million dollars that would be given to corporations. Sec Mnuchin and the Republicans wanted it to be an unlimited giveaway, i.e., no oversight of how it would be used.

Spkr Pelosi and Sen Schumer bother wanted oversight. They got it.

Without that oversight, the corporations would probably use it to do stock buybacks, just as they did with the Trump Tax Cut that they promised they would invest in the company and workers.

#10 | Posted by LampLighter at 2020-03-25 11:43 AM | Reply | Newsworthy 2

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#6 | Posted by grumpy_too

I don't disagree but it is how the deals get done. I haven't read about it yet but did it kill Secret corporate payouts?

#11 | Posted by GalaxiePete at 2020-03-25 11:50 AM | Reply

NM - Answered in #10

#12 | Posted by GalaxiePete at 2020-03-25 11:50 AM | Reply

Well, Pelosi was able to increase the subsidy to the Kennedy Center to $70 million, so she didn't exactly lose everything.

#13 | Posted by gracieamazed at 2020-03-25 12:08 PM | Reply | Funny: 1

oversight for the $500 million dollars that would be given to corporations.

It wasn't "given" it was to be a loan, and reported in six months.

All this does is allow congress to be involved via the IG and committees.

There still is no "oversight of how it would be used", because both bills weren't allowed, or aren't competed.

Without that oversight, the corporations would probably use it to do stock buybacks,

unlikely ... you have no idea what these corporations are facing. But I would add provisions in the loans that no future buybacks by the corporations be allowed.

Calling it a "slush fund" and "no oversight" was BS from the beginning.

Nothings changed Democrats folded on an enormous amount of their demands because they know people saw through the politics being played with their lives.

Monday many companies folded because of this BS .... Big corporations will survive ....

Thanks Democrats.

#14 | Posted by AndreaMackris at 2020-03-25 12:09 PM | Reply | Newsworthy 2

This time holding America hostage backfired on the dems. That's the only reason they struck the deal.Trying to save face. Won't work. They should just hand the election to Trump and save the embarrassment of him winning in a landslide.

#1 | POSTED BY GRACIEAMAZED

Umm...The Democrats won this one.

No bailout for Trump properties.

HUGE unemployment benefits.

So wtf are you babbling about?

#15 | Posted by Sycophant at 2020-03-25 12:22 PM | Reply

@#14 ... It wasn't "given" it was to be a loan, and reported in six months. ...

Sec Mnuchin and the Republicans originally wanted the $500 million to be a payment to corporations with no oversight. The loan aspect was their first, and early in the process, backing away from that giveaway due to the pressure from the Democrats.

... All this does is allow congress to be involved via the IG and committees. ...

Yup, Congressional oversight, instead of Sec Mnuchin giving away the money with no oversight.

... you have no idea what these corporations are facing. ...

You always seem to think you know what I know and do not know. All the time, you are wrong.

I know quite well what the corporations (and their workers) are facing.

As I have stated in prior messages, I am not at all opposed to helping the corporations, so long as the help is not simply used to benefit the wealthy corporate shareholders via stock buybacks. I expect the help to benefit the corporation itself and its workers.

With the Trump Tax Cut, the corporations promised to invest in the company and the workers, but wound up mostly using the money for stock buybacks. Fool me once shame on you, fool me twice, shame on me.

#16 | Posted by LampLighter at 2020-03-25 12:41 PM | Reply | Newsworthy 1

#14 | Posted by AndreaMackris

Enough of the BS is right.

It had no oversight. The 500 billion was indeed a SECRET "loan". So 6 months to report who got one, how much and the terms to congress. I mean it would have been just in time for the election for information to start coming out but I am sure that would have been paused/avoided for a couple months... That 500 billion is going to major companies and I would bet mostly banks. Small businesses aren't getting any of that 500 billion unless they are connected. Like say Trump Resort Maralago... Small Business loans and such were opened up over a week ago before the GOP version was ready. That is what small business will have to do - if they think they can pay them back. Honestly, small businesses should be talking to creditors and landlords to make a deal. They opened it up for Freddie and Fannie Mortgage holders impacted, you have to contact your lender but it is an automatic 1 year according to what I understand but you can work to set the terms.

#17 | Posted by GalaxiePete at 2020-03-25 12:58 PM | Reply

So GRACIEAMAZED is also MACKRIS? I'm shocked I tell you, shocked!!

#18 | Posted by _Gunslinger_ at 2020-03-25 12:59 PM | Reply

How are they going to pay for it?

Or is that question only applicable when Bernie Sanders proposes something?

#19 | Posted by joe at 2020-03-25 01:07 PM | Reply | Newsworthy 3

I will add Mnuchin established early on just what he thinks of the rules applying to him and those around him. Or did everyone forget his expenditures scandal? That sums up the man and what he thinks of rules. Oversight is a must.

#20 | Posted by GalaxiePete at 2020-03-25 01:10 PM | Reply

"Pelosi and the House got in at 10am this morning and left at 10:02am.

They will likely not be voting on the Senate Bill today."

Pathetic. Pelosi should be impeached.

#21 | Posted by nullifidian at 2020-03-25 01:19 PM | Reply | Newsworthy 1

but wound up mostly using the money for stock buybacks. Fool me once shame on you, fool me twice, shame on me.
#16 | POSTED BY LAMPLIGHTER AT 2020-03-25 12:41 PM | FLAG:

You've been fooled twice. They can do stock buybacks after one year. It's a zero interest loan.

#22 | Posted by sitzkrieg at 2020-03-25 01:25 PM | Reply

#21 - "Pelosi may be correct. The Senate has yet to move the legislation through, and will likely pass the bill sometime today."

Oh. No text of the bill has been sent to the House yet? Makes sense now.

#23 | Posted by YAV at 2020-03-25 01:28 PM | Reply

@#22 ... They can do stock buybacks after one year. It's a zero interest loan. ...

That's probably the compromise that was needed to get the Republicans on board.

Shameful, eh?

#24 | Posted by LampLighter at 2020-03-25 01:32 PM | Reply | Newsworthy 1

A multi-party system has never been more appealing.

#25 | Posted by sitzkrieg at 2020-03-25 01:52 PM | Reply

Dullwit hates it when liberals fight for working people.

Such is the life of a Trump troll.

#26 | Posted by Corky at 2020-03-25 02:04 PM | Reply

@#25 ... A multi-party system has never been more appealing. ...

In the words of Romeo Void - Never Say Never ( www.youtube.com )

I would say that I would want a lot more bipartisan working-together before I would go as far as saying that it has never been more appealing.

What we saw was a small, a very small, step in the right direction.


#27 | Posted by LampLighter at 2020-03-25 02:20 PM | Reply

Pelosi and Schumer should not allow the Dems to be pressured into accepting an unacceptable bill. McConnell had no qualms about using his power to prevent Obama from appointing a SC justice. The Dems should have no qualms about using their power to make sure the people of America get a fair deal and not just one that benefits huge corporations and billionaires.

#28 | Posted by moder8 at 2020-03-25 03:01 PM | Reply

Adam Smith must be spinning in his grave.

#29 | Posted by Scotty at 2020-03-25 04:03 PM | Reply

Umm...The Democrats won this one.
No bailout for Trump properties.
HUGE unemployment benefits.
So wtf are you babbling about?

#15 | POSTED BY SYCOPHANT AT 2020-03-25 12:22 PM

All those participation trophies you received as a child sure have given you a warped sense of "winning".

Look at Pelosi's wish list and try again.

#30 | Posted by Rightocenter at 2020-03-25 04:17 PM | Reply | Newsworthy 1

- Pelosi's wish list

Rwingers who don't understand the Art of the Deal.

She'll get most of what she wants, not most of what she asked for.

#31 | Posted by Corky at 2020-03-25 04:19 PM | Reply | Newsworthy 1

"All those participation trophies you received as a child sure have given you a warped sense of "winning"."

^
Mocks participation trophies while wearing his campaign ribbons.

#32 | Posted by snoofy at 2020-03-25 04:27 PM | Reply | Newsworthy 1

Where's the bill before they vote on it?

#33 | Posted by Petrous at 2020-03-26 12:11 PM | Reply

#29 - correct.

Btw, it's 6 trillion now.

#34 | Posted by kudzu at 2020-03-26 01:44 PM | Reply

Secret bill. Secret payouts to connected businesses and individuals. The whole thing stinks. Where is transparent and honest gov?
The Dems in the house should refuse to pass anything until all the business provisions are cleaned up. Better yet ,two separate bills. One dealing with main St. and unemployment.The other helping Small business. The big players should have to face the "discipline" of the free market.LOL

#35 | Posted by Effeteposer at 2020-03-26 02:13 PM | Reply

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