Trump signs fourth coronavirus relief bill into law, pushes back against USPS aid
Source: Reuters
POLITICS APRIL 24, 2020 / 12:49 PM / UPDATED 2 HOURS AGO
WASHINGTON (Reuters) - U.S. President Donald Trump on Friday signed a nearly $500 billon coronavirus relief bill into law to expand loans for small businesses reeling from the outbreak, as his Treasury secretary promised surveillance to stop bigger companies from accessing the funds.
Trump, speaking at a White House event to sign the measure, also pushed back against any assistance for the U.S. Postal Service unless it raised prices for its package shipping service, which is used by Amazon.com Inc (AMZN.O) and other companies.
Reporting by Jeff Mason and Lisa Lambert; writing by Susan Heavey; Editing by Chizu Nomiyama; Editing by Chizu
Read more: https://www.reuters.com/article/us-health-coronavirus-usa-trump/trump-signs-fourth-coronavirus-relief-bill-into-law-pushes-back-against-usps-aid-idUSKCN2262RV
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Think your going to able to carve out the money........with your fucking lackey Mnuchin............
We are coming asshole even if we have to stand in line.........to vote.........we are coming........
jimfields33
(15,785 posts)Trump was t involved which is why small companies are finally getting relief. Nancy ran this one thankfully.
jayfish
(10,039 posts)In 2006, Congress passed a law that imposed extraordinary costs on the U.S. Postal Service. The Postal Accountability and Enhancement Act (PAEA) required the USPS to create a $72 billion fund to pay for the cost of its post-retirement health care costs, 75 years into the future. This burden applies to no other federal agency or private corporation.
If the costs of this retiree health care mandate were removed from the USPS financial statements, the Post Office would have reported operating profits in each of the last six years. This extraordinary mandate created a financial crisis that has been used to justify harmful service cuts and even calls for postal privatization. Additional cuts in service and privatization would be devastating for millions of postal workers and customers.
All day, every day.
turbinetree
(24,695 posts)and others...............while he cruises around in his bus..............paid for by the taxpayers......and his shipping buddy lobbyists and tobacco buddies .................and he even went down to the floor of the house to hand out checks..............lets go back and see that time of outright political corruption.............that was legal.............and his remarks...............
https://apnews.com/4544ea9878388ccf500ccc1492b26d8d
msongs
(67,395 posts)Thekaspervote
(32,757 posts)The Dems believe the senate will have no choice but to pass it this being an election year. Its not everything but its a big first step.
Speaker Pelosi has Mcturtle over a barrel...just waiting for the right time
captain queeg
(10,173 posts)The whole country is suffering and people are dying just for that worthless sack of shits ego.
nykym
(3,063 posts)by $.0001.
there you small fingered vulgarian satisfied!
Blue Owl
(50,349 posts)This would cause all kinds of foreseen and unforeseen problems in business, health care, personal correspondence, etc. etc. etc.
raging moderate
(4,297 posts)If I have to crawl 5 miles over broken glass in a post-nuclear landscape, pay $100 for safe conduct by some band of brigands, and get injected with COVID-19 afterward, I WILL manage to VOTE TRUMP OUT OF OFFICE!