Democrats rejected a Republican bill meant to be a stimulus for the
coronavirus epidemic, and the markets tanked on the news… even further
That is not a good headline for Democrats, and the GOP will be able to blame them when the markets open tomorrow at least one thousand points lower
Bipartisan talks on a third economic stimulus package to address the novel coronavirus crisis — worth well over $1 trillion — have run aground, leaving the outcome uncertain, and it appears all but certain that both chambers will not have a bill to send to the president’s desk by Monday.
House Speaker Nancy Pelosi sounded an ominous note, speaking to a staffer after she left a closed door meeting with top congressional leaders and Treasury Secretary Steven Mnuchin, saying, “We are so far apart.”
When asked why just moments later, she said, “We are still talking. It’s on the Senate side now, because that’s their deadline for a vote. But we’ll be introducing our own bill, and hopefully it’ll; be compatible with what they discussed in the Senate.”
Apparently Democrats are working on their own bill, but that is going to take time that will further tank the stock market. So in other words, hang on to your 401ks, it’s gonna be a bumpy ride.
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That’s it for Sunday. We hope you had a great weekend. Wash your hands, have an open thread, and wash your hands.
MUST CALL CONGRESS, SENATE& TELL THEM
DONT LET Republicans CONTROL 3 TRILLION
.NEED A LIST OF # 4SENATORS& CONGRESSMEN. GOP WANTS
4 BIG BIZ.NOT 4 AMERICANS WHO NEED2 LIVE. HE”GAVE”TRILLION TAX CUT 4 BIG BIZ.HESAID “CORONAVIRUS IS DEMOCRAT HOAX,WE GAVE 5MILL TESTS KITS”LIES
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