Schumer: Government will pay four months of full salary for furloughed workers in stimulus proposal

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    • #292084
      Ohio Barbarian
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      • Total Posts: 16,363

      (The Hill) The federal government will pay the full salaries of furloughed workers for up to four months under an emerging stimulus deal expected to get a vote as soon as Tuesday.

      Senate Democratic Leader Charles Schumer (N.Y.), who is negotiating the agreement with Treasury Secretary Steven Mnuchin, called the bipartisan agreement on unemployment benefits as “unemployment insurance on steroids.”

      The proposal would allow furloughed workers to continue to collect health benefits from employers and a salary from the government.

      “You can keep getting them, but, and most importantly, the federal government will pay your salary, your full salary for now four months,” Schumer said on the floor.

      Full story here.

      It is better to vote for what you want and not get it than to vote for what you don't want and get it.--Eugene Debs

      Show me a man that gets rich by being a politician, and I'll show you a crook.--Harry Truman

    • #292126
      jbnw
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      We’ll see if they can reach any decisions . . .

      • #292139
        Ohio Barbarian
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        • Total Posts: 16,363

        The House will back it. There must be enough Senate Republicans scared shitless to back it. Thanks to some of them in quarantine, that actually might help. Trump will go along with it because he’ll see it will raise his ratings once he thinks about it, and sees the polls saying people don’t like his returning to work no matter what idea.

        The thing is, its’ part of Bernie’s plan, which is similar to the Danish plan, which those social democratic Danes just done did the other day. @jbnw

        It is better to vote for what you want and not get it than to vote for what you don't want and get it.--Eugene Debs

        Show me a man that gets rich by being a politician, and I'll show you a crook.--Harry Truman

    • #292160
      Iorek
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      • Total Posts: 29

      The long term unemployed.  Recently graduated students. Those working in the gig economy. The self employed. Newly released prisoners. I speculate 60 million or more adult Americans won’t be included. Then there’s the under paid.

      • #292167
        Ohio Barbarian
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        • Total Posts: 16,363

        Which is why Bernie is proposing $2k a month UBI payments for the duration.

        It is better to vote for what you want and not get it than to vote for what you don't want and get it.--Eugene Debs

        Show me a man that gets rich by being a politician, and I'll show you a crook.--Harry Truman

    • #292163
      tk2kewl
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      • #292168
        Ohio Barbarian
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        • Total Posts: 16,363

        Pure and simple. They get nothing that I can see.

        It is better to vote for what you want and not get it than to vote for what you don't want and get it.--Eugene Debs

        Show me a man that gets rich by being a politician, and I'll show you a crook.--Harry Truman

    • #292208
      jbnw
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      • Total Posts: 2,100

      Trump on House Dems’ coronavirus relief bill: ‘No way I’m signing that deal’ with ‘Green New Deal stuff’

    • #292220
      yourout
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      • Total Posts: 378

      From what I am reading this whole bill is packed full of garbage that shouldn’t be in it.

      It should be so fucking easy.
      Monthly checks for anyone not making a hundred thousand a year and grant money for hospitals and research and maybe some money for the food industry. Not one fucking dime for Wall Street other than zero interest loans.

    • #292311
      sadoldgirl
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      • Total Posts: 879

      Where does this money come from? Nobody

      in their right mind would lend this to us without

      outrageous interest. So is it just created out of the

      blue? I doubt that there will be a tax increase for

      the corporations or multi-millionaires . Nor do I

      think that this will come from the military budget.

      Don’t get me wrong, the “working people” need it

      desperately. I am just looking ahead for 2 years.

      • #292432
        retired liberal
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        • Total Posts: 2,986

        @sadoldgirl
        But you gotta know the 1% and the the rest of the upper class will benefit the most from whatever bill the congress critters pass. The small print hides a lot of chicanery and hidden benefits for our owners. PT Barnom is laughing hysterically in his grave.

        We are an arrogant species, believing our fantasy based "facts" are better than the other person's fake facts.
        If you are wrong, it will be because you are not cynical enough.
        Both major political parties are special interest groups enabling each other for power and money, at the expense of the people they no longer properly serve…
        Always wear a proper mask when out and about. The life you save could be both yours and mine.

      • #292475
        Ohio Barbarian
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        • Total Posts: 16,363

        @sadoldgirl It comes from the same place that the $2 trillion for the banks came from and where the missing trillions from the Defense budget came from–somebody enters computer code creating money.

        It’s not even tax revenue. It’s Modern Monetary Theory. The Fed just makes it up. It really is that simple.

        It is better to vote for what you want and not get it than to vote for what you don't want and get it.--Eugene Debs

        Show me a man that gets rich by being a politician, and I'll show you a crook.--Harry Truman

      • #292629
        Pastiche
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        • Total Posts: 365

        Surprisingly…

        Last update: March 25, 2020, at 2:30 pm ET.

        As the coronavirus pandemic has reached nearly every corner of the world, some of the planet’s wealthiest are helping the global effort to combat the COVID-19 outbreak and do what they can for the economy.

        Some tech tycoons, like Bill Gates, are donating millions of dollars to aid vaccine and disease research. Many sports team owners, including Mark Cuban, are supporting arena staff while the season is on hiatus. Others, like Richard Branson, have asked their employees to shoulder a chunk of the financial burden.

        Forbes will continue to update this list of billionaires (in alphabetical order) and how they are responding to the COVID-19 pandemic:

        A list of some wealthy people pledging:  https://www.forbes.com/sites/hayleycuccinello/2020/03/17/billionaire-tracker-covid-19/#258668d37e69

        “We’re about to have an election in which Incompetent A is going to be contesting with Incompetent B when both of them have demonstrated nothing remotely like any shred of adequacy to the scope of the problems we face.”

        Richard Wolff

        • #292637
          Ohio Barbarian
          Moderator
          • Total Posts: 16,363

          @pastiche He came out and said no corporation that took federal money during this crisis should be allowed to do stock buybacks forever and if they do, should be effectively nationalized, as in the federal government getting majority control.

          Billionaire owner of the Dallas Mavericks is saying this. Did he watch some series on the French Revolution or something?

          It is better to vote for what you want and not get it than to vote for what you don't want and get it.--Eugene Debs

          Show me a man that gets rich by being a politician, and I'll show you a crook.--Harry Truman

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