Tuesday, January 19, 2021
ECONOMY Trump Considering HUGE Coronavirus Stimulus Package - Money for Every American &...

Trump Considering HUGE Coronavirus Stimulus Package – Money for Every American & BILLIONS for Businesses

Like the post? Why not make it Facebook official. ⇊

By M. Dowling


 

General Michael Flynn defense fund Fellow patriots, please listen to this short, inspiring message from General Flynn. General Michael Flynn exemplifies patriotism, courage, and love of God and country - despite some of his own countrymen relentlessly attacking him. Donations for his defense are greatly appreciated. If you can only give $5.00, please do so - every little bit helps. Thank you so much, and God bless. Letter from General Flynn. 


The economy could be in big trouble between coronavirus and the oil war, which everyone ignores. Layoffs have already begun as more cities order non-essential businesses closed.

 

[dropcap]W[/dropcap]hite House officials are working with congressional Republicans on an emergency stimulus package that could send two $1,000 checks to many Americans and also devote $300 billion towards helping small businesses avoid mass layoffs, according to two senior administration officials and a Treasury Department fact sheet.

There are no final decisions yet and the Democrats would have to agree and add all their usual socialist pork.

You Might Like

The $1 trillion rescue plan is being defined. The Treasury Department is circulating a two-page sheet of priorities that it wants to see in the final deal, which includes a $50 billion “airline industry secured lending facility” that would allow it to make direct loans to “U.S. passenger and cargo air carriers.”

Treasury would determine the interest rates and other terms of any loans, but they would include limits “on increases in executive compensation until repayment of the loans.”

As long as they’re loans.

The economy could be in big trouble between coronavirus and the oil war, which everyone ignores. Layoffs have already begun as more cities order non-essential businesses closed.

Treasury Secretary Steven Mnuchin told Republican senators on Tuesday that the unemployment rate could skyrocket to 20 percent, a level President Trump said Wednesday would be “an absolute worst-case scenario.”

“People want to go big,” Trump said at a press conference when asked about the size of the direct payments to Americans. “Everybody seems to want to go big and they want to get to the recovery.”

The Dow Jones industrial average has fallen 10,000 points in a month, including more than 1,900 points in midday trading on Wednesday. It is now at a lower level than in January 2017, when Trump took office.

By 2:30 EST, it looked like this despite all the fake money the Feds are pouring into it:

 

Bernie Sanders, who promises to never go away and keep running for President, one-upped Treasury Secretary Mnuchin. He wants to give Americans $2,000 a month and ‘temporary’ Medicare For All.

How long before we go bankrupt, do you think?

Despite all of the economic costs, the President is trying to do the right thing by Americans. He put Americans First as he promised.

I’m not a Keynesian and I don’t believe in much of this, but who am I to say? Something does have to be done.

Jim Cramer discusses it (Mind you that if the President goes as big as Cramer wants, Cramer will disappear when the price tag is too large to pay off):

Republished with permission Independent Sentinel


Viewpoints expressed herein are of the article’s author(s), or of the person(s) or organization(s) quoted or linked therein, and do not necessarily represent those of TCP News

What you can do to help:

 

It is vitally important that we all take the time to like and share articles regardless of what site you are on. Conservative sites (like this one) cannot count on traffic from Facebook etc. any more. Subscribing is also important; this bypasses the censorship. The more that we can get the word out the better – and in order to continue bringing you content like this – we ALL need traffic in order to survive. Running a website is not only expensive, it also takes a lot of time and effort.

No one likes ads, but very few people will donate, hence the reason most of us have ads.

Besides donating and clicking on ads, you can make a purchase from our store and buy my book.

Don't forget to follow TCP News on Parler, USA Life, Gab, Facebook, and Twitter

TCP News is proud to be ranked #24 in the Top 40 Conservative Political Blogs

Thank you for helping us grow, we appreciate it!


LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related news

The New Prophets – Tell the World to Take It or Leave It

Watching the mainstream media or seeking some insights from social media, is today, the equivalent of filling you gas tank with water and expecting...

The Capitol Riot: Law and Disorder

Media and Leftist double standard: Looting, stealing and violence for months was called “mostly peaceful protests.” By Jerry Newcombe, D. Min. (TCP News) Americans were shocked...

Jerome Corsi – Donald Trump Will NOT be Leaving Office

Jerome Corsi - "Donald Trump will not be removed from office."   By TCP News Staff (TCP News)  A group of generals wanted to force Barack Obama...

What the Media Doesn’t Tell You About COVID Treatment – Death by Vaccine

The rush to roll out a COVID vaccine is having adverse affects - like death.   By Bradlee Dean “VACCINE DEATHS, ADVERSE EFFECTS” (TCP News) Recently, a friend...