As recently pointed out by our governor, without federal support for state/local funding he cannot shut the state down without tanking the economy. Thus, Senate Republicans who are against shutdowns of any type will gladly withhold funds to prevent said shutdowns.The state/local support being removed is odd politics. Republicans at the state and local level have traditionally relied on federal funds to offset their irresponsible tax policies. I'm also skeptical that Mitch will agree to a bill w/o liability transfers.
I've got the country over a barrel. Just look at my balls. Look at them. They are shiny.Thanks Pat.
"The Toomey provision would be an unprecedented change to the law to strip the Fed chair of one of their most important tools to quickly respond to any future economic crisis."
Reading that I suddenly had an imagination of Donald standing on a street corner grinding away on an accordion with Pence dressed up like a little monkey dancing around holding a cup taking donations.Have you pitched in a donation for the Donalds legal woes? The good fight and all?
Well, at least you accept that Biden will soon be President.Good on Toomey for taking power back from the executive branch. The current Fed Chair did more in a month than Bernanke did over the course of the Great Recession. Congress has the power of the purse and the Fed creating and spending trillions oversteps their mandate if not legally, then in principle.
Well, at least you accept that Biden will soon be President.
While I am happy in principle to have Congress take back powers from the executive the problem here is that Toomey is trying to take them back to sabotage the economy.Good on Toomey for taking power back from the executive branch. The current Fed Chair did more in a month than Bernanke did over the course of the Great Recession. Congress has the power of the purse and the Fed creating and spending trillions oversteps their mandate if not legally, then in principle.
While I am happy in principle to have Congress take back powers from the executive the problem here is that Toomey is trying to take them back to sabotage the economy.
I agree that’s the only time power is taken back is through opposition, but if you think this is based on a principled opposition to executive power and not because he wants to sabotage the economy I have a bridge to sell you.No he isnt. He doesnt trust a democrat with the power which is pretty much the only time an executive loses power in a presidential system. The opposing party controls the legislature and takes it back.
I agree that’s the only time power is taken back is through opposition, but if you think this is based on a principled opposition to executive power and not because he wants to sabotage the economy I have a bridge to sell you.
I imagine you have noticed how Republicans have all started making noises about debt and deficits since Biden won. This is not because they actually give even a single shit about debts and deficits, as evidenced by the last four years. It is entirely because they want to sabotage the economy to regain power. If/when they do regain power they will jack the deficits and debt up again, and do so happily.
Now that appropriations from congress are just a suggestion Biden could signal a willingness to reprogram vast sums from the omnibus at will. Or the GOP can stop fucking around.
This is actually why I'm a fan of earmarks returning even though everyone always derided them as wasteful pork. (and they often are!)The text of the bill is out and whooo did Congress shoe horn every piece of legislation they've wanted to pass for years into this um I guess we'll call it "Coronabus".
Kind of illustrates how the legislative process is presently so broken even most bipartisan items don't get done because of how things are set up...until you can cram it all into a nearly unimaginably vast must pass bill.
Murica! Winning! /SCorona relief means 500M for Israel and tax break for race horse ownership...