I guess passing a nearly 6,000 page bill (which no one read in its entirety) totaling close to $1 trillion is no skin off their Ashtabula since we the taxpayers will be on the hook. Eh, what's another trillion when the National Debt is already at about 25T?
Not surprisingly, House Speaker Marie Antoinette Nancy Pelosi, who extolled the virtues of expensive ice cream on national TV while many American struggled to make ends meet and violated COVID protocols for a hair appointment, continues to be the most two-faced, disingenuous figure in all of this.
While Pelosi praised the $600 payment provision, she previously characterized thousand-dollar bonuses provided to employees by corporate America as “crumbs” in 2018.
After the Republican-led tax reform bill, known as the Tax Cuts and Jobs Act, passed, many companies – ranging from Capitol One to Fiat Chrysler – decided to reinvest in their businesses by giving out worker bonuses. These efforts were largely encouraged by perceived savings from a number of provisions, including a drastically lowered corporate tax rate.
This is all in light of the fact that Pelosi pretty much admitted she torpedoed a more significant stimulus payment to Americans for fear it might portray President Trump in a positive light.
I may be stating the obvious here, but the fecklessness and lack of engagement from our elected officials is not sustainable for a more peaceful union. Their response to a global pandemic was confirmation of that.
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