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Airline bailout package being debated
#31
(03-24-2020, 08:28 PM)VonLud Wrote:
(03-24-2020, 07:41 PM)Zoo Keeper Wrote:
(03-24-2020, 05:20 PM)VonLud Wrote: House bill.

"It imposes racial and gender pay equity provisions, diversity on corporate boards, increased use of minority-owned banks by federal offices, and a grab-bag of other diversity-themed requirements. It increases the collective bargaining power for unions and cancels all the debt owed by the U.S. Postal Service to the U.S. Treasury. For the global warming crowd there are increased fuel emission standards and required carbon offsets for airlines, plus tax credits for alternative energy programs. For the kids there is a provision for student loan payment deferment, and for the education bureaucrats who overcharge them a $9.5 billion giveaway to colleges and universities. It gives $100 million to juvenile justice programs, and suspends various aspects of enforcement of immigration laws."

https://www.usatoday.com/story/opinion/2...903577001/


https://www.nationalreview.com/news/dem-...ur-vision/

Ok, someone is not telling the truth. Fake news? The Democrats unveiled their $2.5 trillion coronavirus stimulus package late yesterday and it doesn't jive with some reports like those posted above.  Scratchinghead

Not sure why you put it the way you did.

The revised House bill is over 1,400 pages outlaying 2,500,000,000,000 in spending and it could contain almost anything.

You can read it here: https://apps.npr.org/documents/document....HOUSE-BILL

You would probably be the first to do so.

"Republicans denounced House Democrats’ bill as a wish list, noting it includes provisions on federal elections, minimum wages, union regulations and climate change that Democrats have long advocated."

Good link. https://fortune.com/2020/03/24/nancy-pel...nate-bill/

I never know what is true, I try not to concern myself with the lies.

Thank you @VonLud .  Your link led me to the bill and I downloaded the 1404 page PDF. Earlier I searched and could not find a link to it anywhere.

I have been doing quick searches to fact check like the $15.00 minimum wage - which only applies to corporations that receive bailout money.

You can quickly search the bill for a specific item without reading the whole thing by using Cntrl F search function.


It’s not how long you live. It’s how you live.
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#32
Democrats Want Bailout for Foreign Workers During Employment Crisis
https://www.breitbart.com/politics/2020/...whatfinger

Quote:...foreign workers who are expected to go home in the next 12 months will instead be allowed to “automatically extend such status or work authorization for the same time period as the alien’s prior status or work authorization.”

For H-1Bs, the “same time period” is three years.

The bill would keep several hundred thousand white-collar visa workers and several hundred thousand blue-collar work-permit workers in the U.S. labor market, even as unemployment is expected to spike past 20 percent.

Today, 1.2 million legal immigrants are continuing to be admitted to the U.S. for the year.
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#33
U.S. not bailing out airlines, Boeing not using federal money - Treasury Secretary

Reuters March 27, 2020

U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill before Congress is not an airline bailout and that taxpayers will be compensated for relief given to companies hobbled by the global pandemic.

At the same time, Mnuchin said in an interview with Fox Business Network that plane-maker Boeing Co has not requested government help.

"I've been very clear this is not an airline bailout," Mnuchin said. "And that taxpayers need to be compensated for relief they're giving to airlines."
https://finance.yahoo.com/news/u-not-bai...35792.html
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#34
(03-27-2020, 02:57 PM)Lily Wrote: U.S. not bailing out airlines, Boeing not using federal money - Treasury Secretary

Reuters March 27, 2020

U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill before Congress is not an airline bailout and that taxpayers will be compensated for relief given to companies hobbled by the global pandemic.

At the same time, Mnuchin said in an interview with Fox Business Network that plane-maker Boeing Co has not requested government help.

"I've been very clear this is not an airline bailout," Mnuchin said. "And that taxpayers need to be compensated for relief they're giving to airlines."
https://finance.yahoo.com/news/u-not-bai...35792.html

good news, perhaps public outcry made them change plans, because Boeing did ask for the money
and Trump did say he wanted to give it to them. Now the matter is before the House. The rest of the article
says that it wouldn't be a loan, but a grant, and the Feds would receive stock options or some other stakehold.
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