In the cynically named “American Rescue Act” a slew of Amendments were rammed through in what beltway swamp-creatures dubbed a “vote-a-rama”. Amongst them, the same party that stole power through dubiously irregular elections and serious, credible allegations of electoral fraud, have just cut Weekly Unemployment benefits by 25%. Note: This is in a “COVID Relief” bill that from the start only addressed COVID19 with 42% of its’ funding.
According to Politico,
“Senate Democrats have agreed to lower the weekly unemployment benefit from $400 to $300 per week in their COVID-19 stimulus bill, however they extended them through September.”
“Senate Majority Leader Chuck Schumer vowed Friday that the Senate would “power through and finish this bill, however long it takes.”
Forbes has reported that the compromise on Unemployment benefits was orchestrated mainly by Sen. Joe Manchin of West Virginia. The initial benefit would’ve been $400 through August, Manchin fostered a compromise of $300 per month through September.
“I have personally felt the benefit should be $400,” Sen. Ron Wyden (D-OR) said during debate, “but I know some of my colleagues feel otherwise. So what we’re looking at is making sure that we can get a benefit so that people can make rent and pay groceries, that we prevent that cliff, and by God, we sure as hell shouldn’t let folks who are unemployed pay taxes on those unemployment benefits that they secured in 2020.”
In order to keep Schumer and Pelosi’s bloated homunculus of a COVID relief bill, the majority of which doesn’t address COVID at all, the Democrats made yet another deal on the backs of American workers. It’s a familiar dance for the two 1950’s vintage Democrats who have been suckling greedily from the government teet for a combined sixty years.
Schumer Stole from Us Again and Again
Despite bilking the American people of over a Trillion dollars in this affront to sanity, Senate Majority Leader Chuck Schumer was haughty and self-righteous.
“It would be so much better if we could in a bipartisan way, but we need to get it done,” said Schumer, adding: “We’re not going to make the same mistake we made after the last economic downturn, when Congress did too little.” as reported in ZeroHedge.
The “little” Congress did being bailing out wall-street, big banks and auto manufacturers which many economists argue today didn’t ease the last recession but rather lengthened and protracted it while providing “golden parachutes” to the top executives of failed firms. Senator Schumer was the architect who stole to the tune of a $700 billion check for the biggest firms of Wall Street, backed by the lobbyists of K-Street.
The compromise amendment achieves that while helping to address the surprise tax bills that many are facing by eliminating the first $10,200 of UI benefits from taxation for 2020. Combined, this amendment would provide more relief to the unemployed than the current legislation.
— Jen Psaki (@PressSec) March 5, 2021