On Friday, April 3, 2020, House Speaker Nancy Pelosi announced a new call for increased financial aid to Americans impacted by the recent shutdowns that the current pandemic has induced.
She told reporters and also reiterated in an interview that she wants to build upon the $2 trillion CARES Act that President Trump r signed into law nearly two weeks ago. She called for additional direct payments to “put money in the pockets of America’s working families,” an extension of unemployment benefits for two more months, and increased aid to healthcare providers, small businesses, and states and local governments.
Let’s do the same bill we just did, make some changes to make it current,” Pelosi said to reporters on April 3, according to Politico.
Pelosi said on CNBC that the Trump administration’s stimulus bill was a good model” but “not enough.” She also noted that the infrastructure spending proposal she and other House Democrats floated last week, which includes improvements broadband, water systems, roads, and public transit, is on the backburner for now.
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“The acceleration of the coronavirus demands that we double down on the downpayment we made in CARES by passing a CARES 2 package. We must extend and expand this bipartisan legislation to meet the needs of the American people,” Pelosi declared in a statement.
President Donald Trump announced on April 2, 2020 that the government will “probably do more” than the $2 trillion in relief funding and has even called for a $2 trillion infrastructure package.
“POTUS has been clear that if we need to do more from Phase 3, he won’t hesitate to ask, and expects Congress to act,” a senior administration official said to CNN, also noting that the other ideas Pelosi and House Democrats are pushing for “aren’t relevant to the challenges we face right now” and that the administration’s focus right currently is “making sure Phase 3 works and being prepared to restock and reload: Phase 3.5.”
D.C. is clearly on a spending binge.
Who knows where the money for these proposals is going to actually end up.
Americans should ultimately be getting reparations from the government for its decade of fiscal abuse, easy money policies, regulations that stifle business, and mass migration policies that disrupt social cohesion.
Ultimately, the political class must pay for their incompetence.