Coronavirus Stimulus Deal is DONE!

easy_b

Easy_b is in the place to be.
BGOL Investor
yeah 1200 is not enough.. should have been at least 2000..or two payments of 1200
Like I told the other poster I agree with you but this bill is a lot better than previous one that Republicans wanted to put out and this is the side effect of having a Republican Senate.
 

yaBoi

X-pert Professional
Platinum Member
Like I told the other poster I agree with you but this bill is a lot better than previous one that Republicans wanted to put out and this is the side effect of having a Republican Senate.
I hope they left in that the small business loans will be forgiven...it really should be payments instead of a loan
 

jack walsh13

Jack Walsh 13
BGOL Investor
Watch that ass clown try to veto the bill... :lol2:
Oh trust he gon be mad as shit about that part when he finds out. :lol:

QybWhI.jpg
 

deputy dawg

~wait a cotton pickin' minute...
BGOL Investor
I like this woman a lot.

AOC is a pretty face and attention whore, but yeah, this lady from California is about the details.


Tho I like Stacey Abrams, a whisper campaign to make Katie Porter Biden's VP running mate is starting.
If Biden picks Stacey, Katie should take Dianne Feinstein's Senate seat.

:idea:
 

Hotlantan

Beep beep. Who's got the keys to the Jeep? VROOM!
OG Investor
:cool:ALL members of Congress are prohibited from receiving funds - but apparently this makes a better media headline :cool:
Donald Trump is BANNED from bailout funds for his businesses as Democrats crow that his family and Jared Kushner are specifically excluded from $2 trillion aid package
  • Senator Majority Leader Chuck Schumer and Republicans have finally reached a deal on the phase three economic stimulus package
  • The $2 trillion bill is expected to be voted on and passed Wednesday
  • Schumer lauded that the new bill includes prohibiting Donald Trump and his family's businesses from benefitting from the bill
  • It will 'prohibit businesses controlled by the President... from receiving loans or investments from Treasury programs,' he wrote in a Dear Colleague letter
  • After passage, the bill will move to the House and lawmakers hope to have it on the president's desk for signing by the end of the week
 

yasky777

Rising Star
BGOL Investor
A tweet correction from Ivanka is coming.

THE PRICE IS WRONG BITCH!!

LESS THAN $75K (from 2018 tax filing ) your check is $1200
>$75K and < 99K your check is $700
>$99K you aint getting shit


:roflmao:Ivanka just deleted that tweet it doesn't show anymore. Get the numbers right bitch. That family i swear.





Sorry to hear bro..


Do they go by the last year you file or 2018 only?
 

easy_b

Easy_b is in the place to be.
BGOL Investor
Very interesting key details in the current new bill


  • 4 months more unemployment insurance instead of 3 months.
  • $55 billion increase in the Marshall Plan for our Health Care System.
  • $150 billion for a state, tribal, and local Coronavirus Relief fund.
  • $10 billion for SBA emergency grants of up to $10,000 to provide immediate relief for small business operating costs.
  • $17 billion for SBA to cover 6 months of payments for small businesses with existing SBA loans.
  • $30 billion in emergency education funding and $25 billion in emergency transit funding.
  • $30 billion for the Disaster Relief Fund to provide financial assistance to state, local, tribal, and territorial governments, as well as private nonprofits providing critical and essential services
  • More than $10 billion for the Indian Health Services, and other tribal programs.
  • Prohibit businesses controlled by the president, vice president, members of Congress, and heads of executive departments from receiving loans or investments from Treasury programs.
  • Make rent, mortgage, and utility costs eligible for SBA loan forgiveness.
  • Ban stock buybacks for the term of the government assistance plus one year on any company receiving a government loan from the bill.
  • Establish robust worker protections attached to all federal loans for businesses.
  • Create real-time public reporting of Treasury transactions under the Act, including terms of loans, investments, or other assistance to corporations.
  • Create a Treasury Department Special Inspector General for Pandemic Recovery to provide oversight of Treasury loans and a Pandemic Response Accountability Committee to protect taxpayer dollars.
  • Add a retention tax credit for employers to encourage businesses to keep workers on payroll during the crisis.
  • Provide income tax exclusion for individuals who are receiving student loan repayment assistance from their employer.
  • Eliminate $3 billion bailout for big oil.
  • Eliminate “secret bailout” provision that would have allowed bailouts to corporations to be concealed for 6 months.
  • Save hundreds of thousands of airline industry jobs and prohibited airlines from stock buybacks and CEO bonuses.
 

The Plutonian

The Anti Bullshitter
BGOL Investor
Wanted the automotive industry to fail when Obama was POTUS. Universal healthcare? "how are you going to pay for it?".... uhh... reparations? "We don't have money for that?" .. Green New Deal..save the environment and create millions of "green" jobs...? we can't afford it ....Trump fucking up the economy because he went around calling the coronavirus a hoax for 3 months when both the U.S. and South Korea had their first confirmed case on the same way? 6 fucking trillions dollars (2 in stimulus and 4 in FED credit).... couldn't even get the pipes in Flint fixed... I don't think people can even comprehend how much money that is.. we couldn't get $25M for pipes ...got kids drinking water full of lead.... but when CACs really want some shit, they'll get the money

post of the year candidate right here y’all
 

CurtDawg

Rising Star
Platinum Member
This might be a dumb question, but can someone clarify.....
Who gets the $1200?
Is it just people on unemployment right now? (who have made less than $75K)
Basically, I'm asking,
Do people who are still working right now, qualify for any of this ???


:smh::smh::smh:
 

EPDC

El Pirate Del Caribe
BGOL Investor
This might be a dumb question, but can someone clarify.....
Who gets the $1200?
Is it just people on unemployment right now? (who have made less than $75K)
Basically, I'm asking,
Do people who are still working right now, qualify for any of this ???


:smh::smh::smh:
Every single adult will get $1200 if they make up to $75K.

Married couples will get $2400 if their combined income is between $75K - $150K

Whether you are working or not.

For those of us (like me) who work remotely and aren't really affected by workplace shutdowns, this is a come up.

For others, it's a lifeline.
 

Shaka54

FKA Shaka38
Platinum Member
This might be a dumb question, but can someone clarify.....
Who gets the $1200?
Is it just people on unemployment right now? (who have made less than $75K)
Basically, I'm asking,
Do people who are still working right now, qualify for any of this ???


:smh::smh::smh:
Hmmm, I wonder about people on Disability, SSI, Social Security, etc.? I don't know if any of them file taxes. :dunno:
 

a1rimrocka

Rising Star
BGOL Investor
wEok5O2_d.jpg


Payments tentatively scheduled for April 6, assuming bill passes today

Sounds like they're going based on 2018 tax returns for income and children but what if you had a kid(s) in 2019??

 

xfactor

Rising Star
BGOL Investor
those democrats though... they sure aren’t the same :rolleyes:

corporations win again, passing more wealth to the white power structure.



Me neither.

$0

No unemployment, no bailout, nothing. I'm a contractor so i don't think i qualify for anything.
 

CurtDawg

Rising Star
Platinum Member
Every single adult will get $1200 if they make up to $75K.

Married couples will get $2400 if their combined income is between $75K - $150K

Whether you are working or not.

For those of us (like me) who work remotely and aren't really affected by workplace shutdowns, this is a come up.

For others, it's a lifeline.

:shades::shades::shades:
 

BlackRob

Rising Star
BGOL Investor


TRUTH!! :curse:

Biden has a press conference in about an hour. I'm sure he'll tell Pelosi to dump this deal. its not enough. :smh:

 

largebillsonlyplease

Large
BGOL Legend
They did it without raising the taxes of billionaires who were keeping the money from us imagine that.
Imagine they had the money to do whatever they wanted to do all the time they just didn't care about you enough to do simple shit like health care and flint water
no money for that shit
but now 2 trillion just appeared.

remember they were fighting over what 5b dollars were going to go towards and trump wanted his wall and the other people were like we want it for something else
and none of it was to go to me or you?
i do
 
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