Nancy Pelosi says Democrats opted against putting fed aid on autopilot to avoid sticker ... - Business Insider

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Nancy Pelosi says Democrats opted against putting federal aid on autopilot in their $3 trillion coronavirus spending package to avoid amplifying sticker shock

House Speaker Nancy Pelosi of Calif., arrives for a news conference on Capitol Hill, Thursday, May 14, 2020, in Washington. Pelosi said Democrats had decided against putting federal aid on autopilot to avoid increasing the sticker shock of their $3 trillion coronavirus spending package.

"What I know, many years an appropriator and in leadership, do not realize because we have never spoken in these big terms before, is that if you have a stabilizer in it that something will happen next January and then you'll have $400 billion, $500 billion worth of unemployment checks going out, it counts in the bill today," she said.

Pelosi appeared to say Democrats were looking for other ways to embark on spending initiatives without being counteracted. Mike Konczal, the director of progressive thought at the Roosevelt Institute, a left-leaning think-tank, said Democrats could be scaling back their ambitions out of confusion. Then, the flow of federal help would scale back to normal levels once the nation's economic health is restored. Many experts believe it's an effective way to respond to an economic crisis as it removes the need for congressional action, saving time and resources.earlier this month to include stabilizers in the coronavirus spending package. Rep. Don Beyer and Sens. Jack Reed and Michael Bennet called for connecting unemployment insurance payments to the state of the recovery.

 

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Why don’t you be a journalist and list where the 3 billion goes.

Where's the Mad Dog to give Rabies to Pelosi?

SpeakerPelosi is going’s to make it harder for senatemajldr group of heavy pockets to take out larger bailouts. If we even considered social Economic Pay checks, No one over 500% Net profit are willing to pay more taxes.

“I don’t want to do the right thing, because republicans might call me names”

But mail in voting ok.

Put the mask on fugly!

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