Senate Passes Stimulus

PUBLISHED: 1:00 PM 26 Mar 2020
UPDATED: 5:30 PM 26 Mar 2020

Senate Bill Passes By 96-0, House To Vote Today

The stimulus bill would have a huge impact on the economy, providing much needed relief to families, small businesses, and the healthcare industry.

Now, we wait. (Source: Fox News YouTube Screenshot)

In the late hours last night, the United States Senate unanimously passed the largest financial stimulus ever drafted and approved, despite the shenanigans pulled by democrats and House leaders who tried to use the crisis as an extortion method for implementing a leftist ‘wish list.’

After massive backlash for the hold up, democrats finally got the message and approved the bill that will put massive amounts of cash back into the economy and help families who are being forced out of work.

Reuters reported:

“When there’s a crisis of this magnitude, the private sector cannot solve it,” said Senate Democratic Leader Chuck Schumer.

“Individuals even with bravery and valor are not powerful enough to beat it back. Government is the only force large enough to staunch the bleeding and begin the healing.”

[WRONG! Chuck Schumer is utterly and completely wrong. “Government” is often the problem and there IS “one force” stronger than even it… God. He is able to “begin healing” better than a distanced bureaucracy.]

The package is intended to flood the country with cash in a bid to stem the crushing impact on the economy of an intensifying epidemic that has killed more than 900 people in the United States and infected at least 60,000.

It follows two others that became law this month. The money at stake amounts to nearly half of the total $4.7 trillion the U.S. government spends annually.

Republican President Donald Trump, who has promised to sign the bill as soon as it passes the House, expressed his delight on Twitter. “96-0 in the United States Senate. Congratulations AMERICA!” he wrote.

Only two other nations, China and Italy, have more coronavirus cases than the United States. The World Health Organization has warned the United States looks set to become the epicenter of the pandemic.

The House’s Democratic leaders announced that they would have a voice vote on Friday. Speaker Nancy Pelosi said she backed the bill, and was open to passing more legislation if needed to address the crisis in future.

The House Republican leadership is recommending a “yes” vote.

The massive bill, worth more than $2 trillion, includes a $500 billion fund to help hard-hit industries and a comparable amount for direct payments of up to $3,000 apiece to millions of families.

The legislation will also provide $350 billion for small-business loans, $250 billion for expanded unemployment aid and at least $100 billion for hospitals and related health systems.

There had been some debate about whether all 430 House members, most of whom have been out of Washington since March 14, would have to return to consider the bill. That would have been difficult, given that at least two have tested positive for coronavirus, a handful of others are in self-quarantine and several states have issued stay-at-home orders.

There are five vacant House seats.