FIRST ON YOUTUBE TO BREAK THIS NEWS FOR IGNITION TIME SUBSCRIBERS – SUBSCRIBE NOW. Senate Majority Leader Mitch McConnell announces Senate GOP bill will be called “HEALS” Act.
H – Health
E – Economic
A – Assistance
L – Liability Protection &
S – Schools
McConnell says the second set of $1,200 stimulus checks will follow the model of the first but have “more support” for adult dependents. It appears the GOP bill will provide $500 per dependent regardless of age, rather than capped at 17 under Child Tax Credit parameters outlined in Cares.
House Speaker Nancy Pelosi and Senate Minoroty Leader Schumer will meet with Meadows and Mnuchin at 6 pm (presumably) EST tonight.
FULL CREDIT to Jeff Stein from the Washington Post. Jeff if you are reading this, you are a rock star. YOU are the man.
Ignition Time Subscribers – Follow Jeff’s Twitter feed (link in description below)
In an interview with Fox Business today, White House Economic Advisor Larry Kudlow appeared to contradict his statement to CNN’s Jake Tapper from yesterday.
Yesterday, Kudlow told CNN that the administration would be seeking to extend the eviction moratorium for renters.
Today, he issued a ‘clarification’.
Kudlow said the administration will continue forbearance for homeowners but there would be no extension of eviction moratoriums for renters, and that the “$1200 stimulus check should help”. See it for yourself. Also, let me know what you think in the comments below.
Do you want direct, breaking news alerts from Ignition Time? Get your cell phone out and from your cell phone, send an SMS:
TEXT IGNITION TO 70000
TEXT TIME TO 70000
FOLLOW INSTRUCTIONS VIA TEXT, ACCEPT OUR DISCLAIMER & RECONFIRM YOUR EMAIL to get breaking news alerts that are fair and balanced. Opt out at any time.