Congress and the Biden Admin have shut down the piggy bank….
President Biden wants one last BIG shot in his social spending “Build Back Better’ social spending package…
But?
A slimmer package isn’t coming anytime soon…..
Inflation helped by business’s try to recoup lost revenue ain’t helping things either ….
As Americans enter the third year of the pandemic, they can expect to receive significantly less federal aid.
There won’t be any more stimulus checks. Boosted unemployment benefits and guaranteed paid sick leave programs have expired. The last round of expanded child tax credit paymentswent out earlier this month, and the pause on student loan payments is set to end in May after several extensions.
With the rapid spread of the Omicron coronavirus variant, the start of 2022 is looking uncertain. Experts warn that the surge in Covid-19 cases will continue for at least another week, and some economists are downgrading their forecasts for next year. Restaurants have seen a slowdown, thousands of flights have been canceled and Broadway shows have been called off….
…
And though efforts to pass President Joe Biden’s sweeping Build Back Better legislation have stalled amid opposition from moderate Democratic Sen. Joe Manchin of West Virginia, it’s still possible that lawmakers will approve a scaled-down version that would funnel more assistance to struggling Americans.
Congress passed three major Covid-19 relief packages in 2020 and 2021, authorizing about $5.7 trillion in federal spending. Most of that money has already been spent….
Quite apparently ,as a straight political matter,none of this spending helped Biden at all.
Seemingly, those receiving these funds didn’t even bother saying “thanks.”
Personally, I’ve received nothing from any of this,nor should I. I’ve weathered this pandemic fine ; however, I’ve seen examples of people receiving money who weren’t needy at all and it has led me to question the necessity for some of this spending.
Yea Jack….
People just took the money in most cases and didn’t reach back to Biden to give thanks….
Makes ya wonder….