HR 748 from 116th Congress is the next Covid-19 stimulus program that will be passed soon. The price tag is $2.2 Trillion
Here’s the direct link: https://www.congress.gov/bill/116th-con ... e-bill/748
Stimulus bill: $2,200,000,000,000 ($2.2 Trillion) / 330,483,530 Americans is $6,657 per American citizen, however the actual payments will be $1,200 to each person that meets certain income thresholds. Over 90% of the money will go to other "needy causes". Here is the list:
1. $300,000,000 for Migrant and Refugee Assistance pg.. 147.
2. $10,000 per person for student loan bailout.
3. $100,000,000 to NASA, because, who knows why.
4. $20,000,000,000 (yes, 20 billion) to the USPS, because why the hell not.
5. $300,000,000 to the Endowment for the Arts - because of it.
6. $300,000,000 for the Endowment for the Humanities/ because no one even knew that was a thing.
7. $15,000,000 for Veterans Employment Training / for when the GI Bill isn't enough.
8. $435,000,000 for mental health support.
9. $30,000,000,000 for the Department of Education stabilization fund because that will keep people employed (all those zeros can be confusing, that’s $30 BILLION).
10. $200,000,000 to Safe Schools Emergency Response to Violence Program.
11. $300,000,000 to Public Broadcasting / NPR.
12. $500,000,000 to Museums and Libraries Who the hell knows how they are going to use it.
13. $720,000,000 to Social Security Admin / but get this only $200,000,000 is to help people. The rest is for admin costs ($520,000,000 for administrative costs).
14. $25,000,000 for Cleaning supplies for the Capitol Building I kid you not it's on page 136.
15. $7,500,000 to the Smithsonian for additional salaries.
16. $35,000,000 to the JFK Center for Performing Arts.
17. $25,000,000 for additional salary for House of Representatives.
18. $3,000,000,000 upgrade to the IT department at the Veterans Administration. That must be one hell of a computer program!
19. $315,000,000 for State Department Diplomatic Programs.
20. $95,000,000 for the Agency of International Development.
21. $300,000,000 for International Disaster Assistance.
22. $90,000,000 for the Peace Corp pg. 148.
23. $13,000,000 to Howard University pg. 121.
24. $9,000,000 Misc. Senate Expenses pg. 134. (ie. slush funds)
25. $100,000,000 to Essential Air carriers pg. 162. This of note because the Airlines are going to need billions in loans to keep them afloat ($100,000,000 is chump change.)
26. $40,000,000,000 goes to the Take Responsibility to Workers and Families Act. This sounds like it's direct payments for workers pg. 164.
27. $1,000,000,000 Airlines Recycle and Save Program pg. 163
28. $25,000,000 to the FAA for administrative costs pg. 165
29. $492,000,000 to National Railroad Passenger Corporation (Amtrak) pg. 167
30. $526,000,000 Grants to Amtrak to remain available if needed through 2021 pg. 168 (what are the odds that doesn't go unused) Hidden on page 174 the Secretary has 7 days to allocate the funds & notify Congress.
31. $25,000,000,000 for Transit Infrastructure pg. 169
32. $3,000,000 Maritime Administration pg. 172
33. $5,000,000 Salaries and Expensive Office of the Inspector General pg. 172
34. $2,500,000 Public and Indian Housing pg. 175
35. $5,000,000 Community Planning and Development pg. 175
36. $2,500,000 Office of Housing
What DOES ALL of this have to do with the Virus?
The next Covid-19 Stimulus Program is shocking - Feb 20
The next Covid-19 Stimulus Program is shocking - Feb 20
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group