Nancy Pelosi announced a new $3 trillion stimulus package on Tuesday that contains billions in tax cuts and other cash freebies for the wealthy.
The bill also includes billions for “mandatory” vaccines and mail-in ballots to vote from home in November.
More than 30 million Americans have been let go from their jobs amid the coronavirus shutdown. The stimulus bill will provide up to $6,000 in cash direct to families and a second round of $1,200 checks to individuals — some of whom are still awaiting the first round of checks.
But, as usual, the wealthy will profit from the Democrats’ new HEROES Act.
The House Speaker is accused of “sneaking” tax cuts for the rich into the proposed bill, as well as allowing high-income earners to pawn off part of their state and local tax burden onto lower income workers.
The package includes billions for “mandatory” Covid-19 vaccines and $3.6 billion will go toward helping election officials prepare to count the 200+ million mail-in ballots the Democrats hope to send out.
Additionally, the bill includes a 15% increase for food stamps for illegal immigrants, $200 billion in “hazardous pay” for essential workers, and $175 billion in housing assistance for illegal immigrants and low-income wage earners.
Pelosi responded to criticism from lawmakers who say the new stimulus bill is stuffed with pork for the rich.
“To those who would suggest a pause, I would say the hunger doesn’t take a pause, the rent doesn’t take a pause,” Pelosi said on Monday.
A House vote is expected on Friday. But Senate Republicans say they will not approve the package because they are in no rush to add more trillions to the federal budget deficit.