Republicans repeatedly refused to say what amount the President wanted for direct checks. At last, the President has agreed to $2,000 — Democrats are ready to bring this to the Floor this week by unanimous consent. Let’s do it! https://t.co/Th4sztrpLV— Nancy Pelosi (@SpeakerPelosi) December 23, 2020
$900 billion is the total stimulus part of the bill. The total budget spent on the bill is $140 billion, but the money outside the stimulus $900 billion is allegedly (I haven't looked at it) just normal government budget stuff to keep things running.
It's about $6500 per working adult. That's enough to keep us home for a month. Maybe some of that money is needed for some essential govt. functions, but that's what taxes on the rich are for.
So it's an appropriation of over a trillion dollars. Damn. Thanks.
Edit: Maybe I misunderstood. It's 140 billion appropriation, plus all kinds of other stimuli, valued at a total of $900 billion. Either way it all comes out of the budget, so I suppose you can treat it all like real money.
$900 billion is the total stimulus part of the bill. The total budget spent on the bill is $140 billion, but the money outside the stimulus $900 billion is allegedly (I haven't looked at it) just normal government budget stuff to keep things running.
It's about $6500 per working adult. That's enough to keep us home for a month. Maybe some of that money is needed for some essential govt. functions, but that's what taxes on the rich are for.
So it's an appropriation of over a trillion dollars. Damn. Thanks.
Edit: Maybe I misunderstood. It's 140 billion appropriation, plus all kinds of other stimuli, valued at a total of $900 billion. Either way it all comes out of the budget, so I suppose you can treat it all like real money.