Monday, June 29, 2020

Time for McConnell to help state and local governments cope with the pandemic

Time for McConnell to help state and local governments cope with the pandemic
Mitch is waiting for landlords to send some money to the RSCC (including Mnuchin and his LLC partners, who have substantial holdings in rental property). He is also worried about hyper-stagflation. He should be. People with $1000 per week should be able to both make rent and give to Republicans. They are not. A nasty game of chicken is going on here. Traditionally, states file for disaster assistance and a supplemental is passed, with fanfare. Separate out such a bill and it will pass. Of course, such appropriations should be done on a no-year (automatic) basis. With the number of states being hit with costs, it likely will be.

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