The second largest economic stimulus package in U.S. history is out: $900 billion to bail out the American people

  • Editor: Victor Torres
  • Author: 神奇四侠
  • Translator: Ranting

More truth at GtvGnews

The U.S. government has funded $2.2 trillion this year to stimulate the economy and protect people’s livelihoods because of the rampant CCP virus, this program expires on the 31st of this month.

But now the trend of the CCP virus epidemic is not getting better, and even getting worse. In response to the severe form, the U.S. government has funded another $900 billion economic stimulus package.

This program is divided into several broad areas:

  1. In terms of direct payments, the government will provide a stimulus check of $600 per adult and child, which means a family of four will receive $2,400 in benefits.
  2. Congress will also extend federal unemployment benefits up to $300 per week. This could start as early as Dec. 27 and continue for up to 11 weeks, covering the period until March 14.
  3. On the business side, both parties agreed that businesses that receive Paycheck Protection Program loans that are forgiven can deduct the costs covered by those loans on their federal tax returns. The stimulus package is also expected to commit up to $330 billion in small business assistance.
  4. In addition, the agreement will extend the moratorium on evictions, set to expire at the end of this year, by one month until January 2021 and provide approximately $25 billion in emergency assistance to renters.

On the other side of the world, the people of China under the Chinese Communist Party are forced out of poverty while 600 million people still earn less than 1,000 RMB per month. People in southern China shiver in the winter because they don’t have electricity to heat their homes. CCP, you have the money to give Africa $145 billion in debt relief and spread $2.5 billion to pay off Pakistan’s foreign debt, so what have you done for the Chinese people?

The “evil American imperialism” has written a check to the people, but what is the so-called superiority of socialism of the Chinese Communist Party?

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crazysquirrel
3 months ago

I see more BS in that package.
No mention of giving stimulus AND extended UE at the same time.
It should be one or the other but never both.

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