(Tea Party PAC) – While the coronavirus is spreading throughout the country making many folks incredibly ill and causing the deaths of some individuals, notably the elderly and immunocompromised, the virus isn’t stopping at destroying our physical health.
It’s also killing our economy.
This is mostly due to the fact that so many businesses and companies are opting to shut down for awhile and allow folks to practice social distancing, which is part of a nationwide strategy to try and contain the virus and keep it from spreading, especially to those at higher risk of complications from the illness.
Many are now out of work and this is crippling low income families, something that President Trump is hoping that the relief bill he just signed into law will help fix.
Here’s more from Breitbart:
The president did not sign the bill publicly, as the White House sent a statement from Trump notifying his approval of the legislation.
“The Act makes emergency supplemental appropriations and other changes to law to help the Nation respond to the coronavirus outbreak,” Trump said in his statement.
The bill negotiated between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin offers emergency paid sick leave, child care leave, as well as expanded unemployment benefits. It also allows Medicaid funding for free coronavirus testing and additional funds for food assistance programs.
The bill passed 90-8 in the Senate on Wednesday afternoon after Senate Majority Leader Mitch McConnell urged Republicans to support the bill despite concerns from Republican senators.
“This is a time for urgent bipartisan action, and in this case, I do not believe we should let perfection be the enemy of something that will help even a subset of workers,” McConnell said.
Right now, as we speak, the Senate is working up another huge spending bill to help save the economy by sending cash directly to the American people and will bolster businesses that could potentially be ruined by the economic shutdown.
The White House has requested $1 trillion — yes, that’s a “t” — to fund the legislation and are hoping to negotiate the bill as quickly as possible to provide relief for individuals desperately in need.
“We are going to move here at warp speed for the Senate, which almost never does anything quickly,” McConnell said to reporters on Wednesday.
This virus is wreaking all kinds of havoc, but many are wondering if these massive bills, which will be funded by tax dollars, are the right solution to this issue. Others are worried that an economic collapse is on the way, something that will provide an opportunity for big government socialists inside the U.S. government to make sweeping changes that would encroach on our freedom and prosperity in the future.
One thing’s for sure. This is a lousy situation devoid of easy answers. May God bless our leaders with wisdom to make the right calls, no matter how hard they might be.