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The stock market reacted negatively to the news that Joe Biden's $1.9 trillion Covid-19 relief plan contains $1,400 stimulus checks.

The market was unhappy that the plan doesn't include the $2,000 that the president-elect promised if the Democrats swept Georgia in the Senate runoffs.

Biden announced his 2-step plan of "rescue and recovery" on Thursday, Jan. 14. The $1.9 trillion stimulus plan will include $400 billion for vaccine distribution and Covid-19 testing, $130 billion to reopen schools, as well as billions in economic aid to small businesses run by Black and brown people.

The plan also includes a hike in the minimum wage to $15 per hour, extending unemployment benefits and the federal ban on evictions, both of which are set to expire in March.

"We have to act and we have to act now," Biden said.

His proposed bill is more than double the $900 trillion recently passed by Congress that included $600 stimulus checks for Americans, while billions were sent overseas to foreign countries.

About those stimulus checks: Americans were expecting Biden to keep his promise of additional $2,000 checks if the Democrats swept the Georgia Senate runoffs in early January.

Instead, the plan includes $1,400 stimulus checks, on top of the $600 checks already sent out -- for a total of $2,000.

  • $400 per week in supplementary unemployment benefits through September.
  • $350 billion to bailout mismanaged states, cities and territorial jurisdictions.
  • $160 billion to create a national program to mobilize vaccinations to 100 million people vaxxed in the first 100 days of the Biden administration.
  • $30 billion to help landlords pay their bills while their tenants live rent-free.
  • $25 billion for childcare providers.
  • Expanded food assistance, expanded child tax credits, and expanded medical and family leave of absence for illness.
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    The House has voted to impeach President Donald Trump for a second time by a margin of 232-197 for "inciting violence" in the nation's Capitol.

    In addition to House Democrats, top Republicans who voted on Wednesday to impeach Trump include Liz Cheney (R-Wyoming), Adam Kinzinger (R-Illinois) and 8 others.

    Trump is now the first President in American history to be impeached twice.

    The article of impeachment accuses Trump of "willfully inciting violence against the government of the United States" in violation of his oath and duty.

    The voting began after a lengthy debate on the House floor that started at 9 a.m. on Wednesday. Thousands of National Guard secured the Capitol building and the grounds as the House debated Trump's fate.

    Afterwards, House Majority Leader Steny Hoyer said the impeachment articles will be sent to the Senate immediately for a quick conviction.

    Hoyer blamed Trump for the political theater that overshadows Joe Biden's inauguration, scheduled for January 20.

    "The timing was thrust upon us by the actions of the president of the United States," Hoyer told MSNBC. "The fact that he is leaving should not divert us from holding accountable behavior which many of us believe is treasonous behavior and criminal behavior."

    If Trump is convicted by the Senate, he will lose the ability to run for office again, as well as his Secret Service detail, his severance pay, and a $1 million annual travel allowance, among other perks.
     

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    Retired Air Force Lt. General Thomas McInerney confirmed that a laptop taken from House Speaker Nancy Pelosi's office during last week's Capitol riots is in the hands of military special forces.

    "I've seen the laptop our special forces took out," McInerney told a group of reporters at the White House on Saturday.

    Tom Williams/CQ-Roll Call, Inc via Getty Images

    Pelosi and other top Democratic lawmakers are in a state of panic after laptops, USB drives, and sensitive documents were stolen from their offices while they huddled together inside the Capitol building during the riots on Wednesday, Jan. 6.

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    Terrified Congressional staffers barricaded doors as lawmakers were ordered to evacuate their offices -- leaving their laptops and other sensitive documents unsecured while rioters ransacked their offices.

    In addition to Pelosi's missing laptop, an aide tweeted that a laptop that was "only used for presentations" was removed from a conference room.

    Oregon Senator Jeff Merkley, a Democrat, also reported a laptop was stolen from his office during the Capitol riots.

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    House Rep. Hakeem Jeffries, a Democrat from Brooklyn, is very vocal that President Trump be removed from office "immediately." Jeffries is the leading contender to succeed Pelosi as House speaker.

    "Donald Trump represents a clear and present danger to the health and safety of the American people, as well as our democracy," he said on NBC's "Meet the Press" on Sunday. "That's why House Democrats are united in demanding and seeking his immediate removal."

    Trump was permanently kicked off Twitter, Facebook and Instagram last week. The Trump campaign's email server was shut down by its host to prevent dissemination of sensitive contents. And conservative social media websites Parler and Gab.com were threatened by their hosts.

    Theft of property from Congressional lawmakers is a federal crime -- unless the theft is covered under a presidential executive order.

    In 2018, Trump signed an executive order calling for the seizure of assets from anyone who "directly or indirectly engaged in, sponsored, concealed, or otherwise been complicit in foreign interference in a United States election."

    Trump has loudly and repeatedly accused the Democrats of engaging in election fraud. But 60 lower courts found no evidence of voter fraud.

    "We have a constitutional responsibility to serve as a check and balance on an out-of-control executive branch," Jeffries told Meet the Press on Sunday. "Donald Trump is completely and totally out of control, and even his longtime enablers have now come to that conclusion."

    He said a resolution will be introduced on Monday, charging Trump with inciting sedition.

    "It's my expectation that on Monday, a privileged resolution will be introduced that will charge the President of the United States with inciting sedition."
     

     

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    President Donald Trump has 12 days left in office before he departs Washington, DC for good.

    It is customary for outgoing presidents to issue pardons for friends, non-violent inmates and VIPs who are convicted but awaiting sentencing.

    According to Bloomberg.com, Trump is considering pardoning rappers Lil Wayne and Kodak Black before he leaves office.

    Rapper Lil Yachty and Baltimore Ravens star Lamar Jackson have pleaded with Trump to pardon Kodak Black, 23, who is serving 46 months in prison on firearms charges.

    Lil Wayne, who pleaded guilty to firearm possession in December, is awaiting sentencing later this month. He faces 10+ years in prison if Trump doesn't come through with a presidential pardon.

    Wayne was detained at a Miami airport in December 2019, after agents found a loaded gun, cocaine and opioids in a Coach bag on Weezy's private jet.

    Wayne shocked his fans by announcing he was endorsing Trump in the November 2020 election. The rapper paid the price for his political affiliation: in addition to losing followers and friends, Weezy lost his girlfriend, Denise Bidot.

    Trump will announce his list of pardons on January 2019, after clearing his things out of the White House.

    Trump's first round of 26 pardons in December included his friends Roger Stone, Paul Manafort and Charles Kushner.

    In addition to Kodak and Weezy, Trump may issue a pardon for himself -- just in case he faces charges after he leaves office. A sitting president can't be arrested or charged with a federal offense.

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    Candace Owens is tired of sitting on the sidelines while America is taken over by communists, Marxists and globalists.

    The 30-year-old political commentator tells Glenn Beck she is planning to run for public office.

    Owens, who is pregnant with her first child, teased the announcement on Twitter just minutes before joining Beck on his radio program.

    "You know, I was talking to my husband about this, and my frustration about all these governors and how dishonest they've been," she said. "I'm just getting sick of it. So I said I said to my husband, you know, I think I should get into politics. I think I should run. I should surprise run, and take somebody for everything they have, and expose people."

    "I'll tell you something else, Glenn, I'll win," she said. "They won't know what hit them ... they're being dishonest, and they lie, and I've had enough of it."

    Owens didn't announce the public office she plans to run for.

    "I am eyeing a seat right now," she said. "I'm not going to say whether it's in the Senate, whether it's in the House, whether it's for governor, whether it's for president."

    "But I am serious about it. I am very serious about it," she added. "We have too many people that are too scared to look people in the face and tell them the truth, and I'm not one of them."

    AFP via Getty Images

    President Donald Trump urged Senate Majority Leader Mitch McConnell to fast-track a standalone bill that would increase stimulus checks from $600 to $2,000.

    McConnell angered Senate Democrats by blocking an attempt by Minority Leader Chuck Schumer to fast-track the bill to the Senate floor for a vote on Tuesday.

    "Unless Republicans have a death wish, and it is also the right thing to do, they must approve the $2000 payments ASAP. $600 IS NOT ENOUGH!," Trump tweeted on Tuesday.

    On Monday, Vermont Sen. Bernie Sanders threatened to block McConnell's attempt to override Trump's veto of the defense bill unless the Senate holds "an up or down vote to provide the working people of our country a $2,000 direct payment."

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    A growing list of Senate Republicans are in support of $2,000 stimulus checks to struggling Americans after the House voted to approve a standalone bill on Monday night.

    The legislation now moves on to the State for a vote. If approved, checks and direct deposits will go out by the end of the week. A family of 5 could get $10,000.

    President Donald Trump signed the $900 billion Covid-19 relied aid package into law on Sunday night. He called on Congress to remove the pork payments to lobbyists and foreign governments and to approve $2,000 checks to Americans in need.

    "Much more money is coming," Trump tweeted on Sunday. "I will never give up my fight for the American people!"

    Samuel Corum/Getty Images

    Marco Rubio of Florida (pictured), Kelly Loeffler of Georgia and David Perdue of Georgia all expressed their support for $2,000 stimulus checks on Monday.

    "I agree with the [p]resident that millions of working-class families are in dire need of additional relief, which is why I support $2,000 in direct payments to Americans struggling due to the pandemic," Rubio said in a statement.

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    Loeffler told Fox News that she stands by "the president 100 percent of the time. I'm proud to do that and I've said absolutely, we need to get relief to Americans now and I will support that."

    Other Republicans who have come out in support of $2,000 payments include Josh Hawley of Missouri and Lindsey Graham of South Carolina.

    The Senate will meet on Tuesday to vote on the legislation after rejecting a similar legislation last week.

    AFP via Getty Images

    The House passed a standalone bill to boost stimulus checks from $600 to $2000 for struggling Americans under the CASH ACT.

    The House voted 275-134 to increase the coronavirus relief checks to $2,000. Two House Democrats voted NO to increase direct payments to $2,000.

    The bill now heads to the Senate where Republicans hold the majority.

    Last week, House Republicans rejected President Donald Trump's demand to increase the $600 stimulus checks to $2,000 in the $900 billion Covid relief bill.

    On Sunday night, Trump signed the Covid-19 relief package -- with $600 checks -- into law.

    Trump issued a statement afterward saying he signed the pork-filled package to restart unemployment benefits and a federal ban on evictions, as well as to avoid a government shutdown.

    In addition to calling on Congress to pass $2000 checks, Trump also called on Congress to eliminate Big Tech's protections under Section 230 of the Communications Decency Act and to investigate incidents of voter fraud in the 2020 presidential election.

    JIM WATSON/AFP via Getty Images

    President Donald Trump signed the Senate Democratic's pork-filled $900 billion coronavirus relief package into law on Sunday night.

    The package includes $600 stimulus checks for qualified Americans and some non-citizens. Trump issued a statement afterward saying he signed the pork-filled package to restart unemployment benefits and a federal ban on evictions, as well as to ward off a government shutdown.

    He urged Congress to approve his demand for $2000 stimulus checks to struggling Americans.

    Trump also called on Congress to eliminate Big Tech's protections under Section 230 of the Communications Decency Act and to investigate incidents of voter fraud in the 2020 presidential election.

    The Democrats plan to vote on a separate, standalone bill to boost stimulus checks to $2000 on Monday, Dec. 28 at 3 p.m.

    Senate and House Republicans have rejected a previous proposal to increase the checks to $2000.

    Win McNamee/Getty Images

    House Republicans rejected President Donald Trump's demand to increase the $600 stimulus checks to $2,000 in the $900 billion Covid relief bill.

    House Republicans blocked a proposal to increase the payments in a vote on Thursday, Dec. 24, according to the Associated Press.

    House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer agreed to increase the paltry $600 direct payments to $2,000 after Trump criticized the Covid relief package as a "disgrace" last week.

    But the Democrats effort to amend the relief package failed on Thursday.

    Trump left Washington DC on Wednesday without signing the massive, pork-filled legislation. If House Republicans had approved the Democrats' proposal, some Americans could have received $10,000 for a family of 5 in direct payments by January 6th.

    House Democrats will vote again on Monday to pass an amended stimulus package, with a new stand-alone bill for the $2,000 checks. The House will also attempt to override Trump's veto of the $750 billion National Defense Authorization Act, as a government shutdown looms.

    In addition to a government shutdown, a federal ban on evictions will also run out by Dec. 31, as will the $300 per week in additional unemployment benefits.