If it is as reported, I can support the so called compromise stimulus bill.
Changes I would make:
– $120 billion for enhanced unemployment aid through January 2021 at a rate of $450 weekly for an eight-week transition period until states can reconfigure to the new system that would provide up to $600 weekly, but not to exceed 100% of the previous wage.
Drop to $400 per week (that’s still equivalent of $10 an hour on top of regular unemployment.) Have it with no extensions or any way of extending beyond 8 weeks if states don’/can’t/won’t get new software limiting to 100% of former wage. No new software no extra UI for that state after 8 week.
– $500.3 billion in state and local aid , which includes $130 billion for documented coronavirus state and local expenses through 2021, $120.3 billion for documented local budget shortfalls and $250 billion for proven state government shortfalls.
If a state puts riot damage into budget shortfalls, The governent entity MUST prove they did everything in their power to stop/prevent the riots.
– $280 billion for another round of direct stimulus checks worth $1,200 for adults and $500 for children. Dependent adults would also qualify for money until this plan.
Only available to US Citizens PERIOD
– $290 billion for small business and nonprofit assistance , including $240 billion for another round of Paycheck Protection Program (PPP) funds and $50 billion for a targeted employee retention tax credit.
At first glance no issues.
$15 billion for the United States Postal Service
As long as it is NOT a loan and goes into general budget. Nothing earmarked to postal investigation.
elimination of the USPS full pre-funding requirement for retiree health benefits;
Bout damn time.