Right off the bat as the stimulus is signed, trump says he will not comply with any oversight. He wants to gag the inspector general and says congress has no standing. What could go wrong? Why would this even be a gig deal?
So it wasn’t the “pork” that was the sticking point.
It was that the Dems wanted Trump to be accountable for who he gave that $500 billion to, and Trump just wants to make sure his wealthy buddies get to keep their money.
From the article cited above:
The $500 billion loan program was the biggest point of contention between Democratic and Republican lawmakers throughout the relief bill’s negotiation process. Democrats called this a “slush fund” that would give Treasury Secretary Steven Mnuchin broad authority to disburse the funds as he saw fit. The IG provision was intended as an accountability effort to alert Congress if the Trump administration was not complying with auditing measures. It was also meant to help ensure the president and his family did not directly benefit from the emergency funds through their businesses.
and
The broader coronavirus relief package also guarantees direct cash payments to many adult workers, expands unemployment insurance, and provides $367 billion in loans to small businesses.
But it was the inclusion of a $500 billion corporate loan program — which includes a guaranteed $50 billion for the airline industry — that proved a key sticking point in the bill’s negotiation. Earlier this week, Democrats blocked a version of the package that they said did not contain strong enough oversight over that fund.
The $2 trillion coronavirus relief bill establishes a “special inspector general” to review and investigate loan decisions made by the treasury secretary.
I actually like this, depending on who appoints him and how, who he reports to, etc. And as long as it doesn’t hold up disbursements while we get him in place.
Hey - feel free to give the lie by posting something from Fox news that says Trump intends to be open and above board with where all that corporate bailout money is going.