House Speaker Nancy Pelosi called Republicans' failure to agree to her $2.2 trillion bill "Malfeasance." Never mind that the White House's $1.8 trillion proposal was right up there with hers.
Today, unemployment is down by half; the economy is growing again; pretty much everything is improving; but both the Democrats and the White House still want another $2 trillion.
Making matters worse, the White House and Democrats want to spend that $2 trillion on the same programs as before.
The overall coronavirus relief bill returned 60 cents in economic growth per dollar invested.
As a result, our budget deficit is now $3.3 trillion.
Pelosi's bill contains another round of payments up to $1,200 for individuals and $500 for each dependent, with more $600 weekly enhanced federal unemployment payments through January 2021, followed by a transition period through March 2021.
If it's the case that politicians don't really try to pass policies that will succeed, keep the deficit low and tell the truth - because they can get away with bad policies, misleading claims, and spectacular deficits - then shame on them.
https://spectator.org/cares-act-pelosi-government-officials/
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