All tagged stimulus
The most terrifying thing to me is, since the COVID 19 pandemic began, I’ve noticed an increase in the influence that the federal government has on my life and the lives of others. I believe, now more than ever, people in our nation have become dependent on government to provide them with the means to live.
Whatever happened to tax credits and tax deductions? How many more payments will people expect in the future before we declare the pandemic over? The utter reliance and potential household budgeting for future stimulus payments disincentivizes Americans from using their skills and creativity to find a way to meet their obligations. The unintended consequence of stimulus payments may very well be a methodical way of killing the American dream by taking away all incentives of hard work and individualism.
A second stimulus check was approved on Sunday as part of a $900 billion dollar bill. The $600 one-time payment will be sent to those eligible based on their 2019 reported income. The amount of the one-time payment depends on the income of the household. President Trump disagreed with the amount of the one-time payment, and instead recommended the amount of $2000 as a direct payment to eligible individuals. On Monday, the House of Representatives passed a measure to increase the stimulus checks to $2000. On Tuesday, Senate Majority Leader McConnell blocked a bid to unanimously pass the $2000 stimulus check without a vote, and then also blocked allowing a vote to be brought to the floor on Wednesday though he did say the $2000 stimulus check was his focus.
