Nancy Pelosi slams GOP vote on $250 billion small business loans as a 'stunt'
By: Gabriella Muñoz
S E E D E D C O N T E N T
House Speaker Nancy Pelosi defended the Democrats’ requests for an expanded bill to address gaps in the initial $2.2 trillion coronavirus relief package, as they derailed a $250 billion emergency bill for small business loans.
Mrs. Pelosi , California Democrat, said Majority Leader Mitch McConnell pulled a political “stunt” by moving ahead with his unanimous consent request Thursday morning without negotiating with Democrats.
She said there needed to be a conversation as Secretary Steven T. Munchin requested “a quarter of a trillion dollars in 48 hours. There’s no data.”
“What the secretary requested, and what the bills that the Senate majority leader brought to the floor would never pass the House by unanimous consent,” Mrs. Pelosi said on a conference call with reporters. “It is a basis for some negotiations, but it would never pass the House by unanimous consent.”
In addition to the $250 billion in small business loans, Democratic leadership wanted $125 billion for financial institutions that serve low-income communities, $100 billion more for health care institutions, $150 billion for state and local governments, and a 15% increase in food security benefits.
The amendment put forth by Sen. Chris Van Hollen Thursday morning — and subsequently blocked by Mr. McConnell — would have addressed some of the “kinks” that Democrats took issue with the paycheck protection program (PPP). Specifically, Democrats wanted to include guardrails to ensure vulnerable and diverse populations had access to the funds.
“We have made our statement,” Mrs. Pelosi said. “There is a disparity in access to capital in our country. We do not want this tragedy of the coronavirus to exacerbate that disparity, or to solidify it.”
House Minority Leader Kevin McCarthy said the Democrats’ move on Thursday was “disgusting” and putting politics ahead of the public good.
While the California Republican did not have any specific objections to the Democrats’ requests, Mr. McCarthy said the focus of Thursday’s emergency bill should have remained solely on the small business loans given that is expected to run out of money in a week.
Both Mr. McCarthy and Mr. McConnell said they were open to negotiating on Democrats’ demands in a subsequent bill.
“My colleagues must not treat working Americans as political hostages,” Mr. McConnell said. “To my Democratic colleagues, please, please do not block emergency aid you do not even oppose, just because you want something more. Nobody believes this is the Senate’s last word on COVID-19. We do not have to everything right now. We cannot play games with this crisis.”
COVID-19 is the disease caused by the new coronavirus.
Mrs. Pelosi pushed back on the Republicans’ calls for urgency, arguing the PPP program is not in dire straights yet.
“They still have two-thirds left,” she said about the original $350 billion.
Article is LOCKED by author/seeder
Tags
Who is online
139 visitors
Nancy Pelosi shows how much she cares about small business or those they employ.
That's an old and out of date article as the date of the article is April 9th, and the PPP program has run out of money now.
Outside of that it is correct in that Mrs. Pelosi is still playing her partisan games.
It is from April 9th - but that's how long Pelosi has held up congress.
I find it very difficult to accept that Pelosi gives a rat's behind about giving money to help American small businesses. Imo I think she would rather see it go to illegal immigrants to increase the left's sagging voter base.
I hate to alter a Meghan Trainor song, but it is all about that base
According to House Democrats, we are not in an emergency and there is no reason for Congress to be in session.
And people criticize Trump for not doing enough.
Yup, not enough loony left wing pork in it for the old witch ...... hehehe and your dog toto too!
There's the dollars to help bail out failing rural hospitals and other hospitals
caught in the financial crisis of having to cancel all non COVID surgeries etc to
preserve PPE.
Why?
Who added the date to the title?
I wouldn’t really call that “pork.”
YMMV of course ....
Yes, the seed article is stale but doesn't make it any less troubling.
Democratic leadership wanted $125 billion for financial institutions that serve low-income communities. “We have made our statement,” Mrs. Pelosi said. “There is a disparity in access to capital in our country. We do not want this tragedy of the coronavirus to exacerbate that disparity, or to solidify it.”
That may sound politically correct but what Pelosi is really talking about is access to credit. And for low-income communities that typically means predatory lending. Nancy Pelosi is a true friend in times of need and predatory lenders need all the friends they can get.
Perhaps if Democrats were more concerned about small business in low-income communities there wouldn't be a need to bail out predatory lenders. Are those dirty dollars really that important for funding political campaigns?
"Pelosi’s wish list included several aspects of the Green New Deal, such as demands that airlines “fully offset the annual carbon emissions … for domestic flights beginning in 2025.” She also attempted to put abortion funding into the bill. (Some deny this, but abortion funding tends to be a staple of all Democrat bills and amendments.)
Pelosi included a heavy dose of identity politics, with requirements for “corporate board diversity.” To top it all off, she included enhancements for vote harvesting, such as grants for conducting election audits, as well as same-day voter registration, obvious ingredients for election fraud. That’s just a short list.
It’s no secret that Democrats have worked overtime to destroy policies that promote self-reliance, free speech, choice in education, family cohesion, and religious devotion."
I think some Botox has leaked into Pelosi’s brain ...
Wrong character. Paint her green and there you go.
That said, she has “some” brain left. The part that hasn’t been damaged by BTE and LTE.
Botox/Liberal Tramatic Encephalopathy. Symptoms for which can be: behavioral problems, mood problems, and problems with thinking.
Big city liberals and big city conservatives are only worried about the money. Big city financial wizards actually think that money makes more money. That's because big cities aren't expected to produce anything; except maybe pandemics.
Right now a Green New Deal would be a good thing as long as the emphasis is on rebuilding manufacturing in the United States. Those solar farms aren't being built in metropolitan areas. Mines to produce sand won't be opened in metropolitan areas. The coal needed to smelt and refine silicon won't come from metropolitan areas. The glass, copper, and aluminum needed to manufacture solar panels won't be supplied by metropolitan areas. And the factories to produce solar panels don't need to be built in metropolitan areas, either. A Green New Deal would be a good thing for rural parts of the country.
The biggest obstacle are big city liberals and big city conservatives trying to profiteer off rural areas. Big city lib-cons are treating rural America the same way they treat China. As long as the big cities get what they want then there isn't a problem.
Only big city shysters, swindlers, profiteers, and frauds are worried about how they can use the Green New Deal to squeeze the last nickel out of Chinese turnips. The rest of America would like to have a job so they aren't forced to eat Chinese turnips.
Right now we are incurring debt that is unsustainable and that is on top of what we incurred during the financial/housing crisis.
Big city financial wizards actually think that money makes more money.
Federal debt has never produced prosperity, if it did Venezuela would be an economic powerhouse.
That's because big cities aren't expected to produce anything; except maybe pandemics.
Outside of Texas they produce votes & power for the democratic party.
As long as the big cities get what they want then there isn't a problem.
Right now they are looking to use the crisis to bailout their failing policies. Did you hear what Gov Cuomo said? "If you want me to open up, give me the money I need!
But Federal debt has surely provided a lot of profits. Federal debt certainly hasn't impaired the rich getting richer. In fact, the more Federal debt has increased the faster the rich have become richer.
So, the claim that Federal debt doesn't create prosperity is a bald-faced lie. It's just that shysters, swindlers, profiteers, and frauds refuse to share; they got their's so to hell with everyone else. The problem is using Federal debt to socialize costs and privatize profits.
The problem is using Federal debt to increase the prosperity of predatory lenders.
When politicians only talk about money then that's a clear sign they only give a damn about money.
IMHO prosperity is inexorably linked to GDP. Profiteers don't figure in.
Would that be communities like this senile cunts? She suddenly care about the homeless? Pelosi doesn't give a flying f#ck about these communities. Just like with virtually EVERYTHING the Democrats do, it's lip service and nothing more.
Pelosi was only protecting the interests of predatory lenders. Big city liberals and conservatives try to squeeze every nickel out of a turnip. That's how the rich become richer.
“An incompetent political hack! Come back to Washington & take care of our great American workers,” Trump tweeted late Friday, responding to a video showing Pelosi on a late-night talk show, at home in California, showing off her ice cream collection.
Come on back Nancy!
... and I was gonna call her a stunt.
Democrats in Congress just don't believe in targeted "Emergency Funding ?
Wouldn't those kind of bills be easier to "Police" (democrats wanted "Policing" of these emergency funding projects in the first place) ?
Congress always has to "PILE ON", even in an emergency !
Oh, they do. But it has to benefit them first.
On this topic:
Nancy Pelosi is to appear on Fox News Sunday this weekend for the first time since 2017. https:// thehill.com/homenews/media /493321-pelosi-to-appear-on-fox-news-sunday-for-first-time-since-
Her pricey refrigerator becomes symbol of disconnect during coronavirus pandemic
Must see TV ....
22 Million lost their jobs and she's home showing off her $13 pints of Ice Cream!
Most definitely in touch with the people .... oh yeah!
Here she is after Ice Cream binge, inviting everyone to come out and get infected in Chinatown:
“I think the Democrats are going to do it. Look, Nancy Pelosi, she’s away on vacation or something and she should come back,” Trump said at a White House briefing Friday evening. “She should come back and get this done. I don’t know why she’s not coming back. The fact is, she’s not doing her job and there’s nothing unusual about that for her.”
This is one of the problems with identity politics. Good legislation gets held up or derailed entirely because every last demographic constituency needs to get theirs or some kind of moral crime is being committed.
Pelosi is correct. The so called 'Small Business Fund' is already belly up.