Boots & Sabers

The blogging will continue until morale improves...

Owen

Everything but tech support.
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0738, 03 Aug 20

Coronavirus Spending Bill Hits Impasse

Good. May it never see the President’s signature. Let the economy open and we won’t need another flood of borrowed money.

WASHINGTON (Reuters) – White House Chief of Staff Mark Meadows said on Sunday he was not optimistic on reaching agreement soon on a deal for the next round of legislation to provide relief to Americans hit hard by the coronavirus pandemic.

“I’m not optimistic that there will be a solution in the very near term,” Meadows said on CBS’ “Face the Nation” as staff members from both sides were meeting to try to iron out differences over the bill.

Democrats were standing in the way of a separate agreement to extend some federal unemployment benefits in the short-term while negotiations continue on an overall relief package, he said.

“We continue to see really a stonewalling of any piecemeal type of legislation that happens on Capitol Hill,” Meadows said. “Hopefully that will change in the coming days.”

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0738, 03 August 2020

3 Comments

  1. Kevin Scheunemann

    EXCELLENT!

  2. Randall Flagg

    Let the economy open and we won’t need another flood of borrowed money.

    We should not have needed the first round so soon.  It shows just how poor at financial management most American individuals and businesses are.  A couple weeks without income should not be a crisis to the vast majority of people or businesses.

  3. Mar

    Too bad, Randall, that they don’t teach money management skills in most schools.
    But there are some businesses who do need the money because government forcibly shut them down for months down, mostly for stupid reasons.

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