Quote:
Originally Posted by crystalworks
He's wanted that when Congress was bickering back and forth and wouldn't even send anything to his desk for the last 6 months. Now the Republicans and Dems know they HAVE to work together. I wouldn't doubt he vetos it out of spite. And in this case I can't say I blame him.
These packages are a huge fail anyway. Would have been much better (and cheaper) to send all w-2 filers checks every month instead of the programs and bureaucracy they added. Rent would get paid (no need for eviction moratorium), food could still be purchased, etc. I'm not for handing money out to people generally, but I'd much rather it be handed to the public tax-payers and put back into the economy than used as cheap capitol for large, or successful businesses, squandered or lost in the system, or otherwise wasted.
The only thing in the packages that might be useful is the money to the states for vaccinations and PPE expenditures. All the paycheck protection programs were garbage as was the additional unemployment. Just give that money directly to tax payers.
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Who do you think is made of businesses, large or small?
It's people.
There are employees and their family members behind every single businesses.
To help keep these businesses in solvency is to keep their employees on payroll and their families fed.
The program is not easy to apply for. You actually have to show all your financials to the lender, the same way you do when you apply for a business loan, except it's much more strict.
The money you borrow can only be forgiven if you can show you've kept all your employees on the payroll even when you're not open for business due to shutdown mandates.