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Demsrule86

(71,542 posts)
5. Listening to MSNBC and CNN and they said the fed aspect put in by Toomey is a huge obstacle.
Sat Dec 19, 2020, 05:00 PM
Dec 2020

Nancy said a provision by Sen. Pat Toomey, R-Pa., that would curb emergency Federal Reserve powers was the biggest hurdle to a sealing a deal. "That has to be resolved. And then everything will fall into place," Nancy said. "It's a very significant difference." Update on MSNBC now...Toomey still the issue McConnell stands behind it...this position holding up any deal.

Did find link...

"...Toomey's provision, a feature of GOP bills that failed to advance this fall would close down more than $400 billion in potential Fed lending powers established under a legislation in March. Treasury Secretary Steven Mnuchin is shutting down the programs at the end of December, but Toomey's language goes further, by barring the Fed from restarting the lending next year.

"As we navigate through an unprecedented economic crisis, it is in the interests of the American people to maintain the Fed's ability to respond quickly and forcefully," said Brian Deese, an economic adviser to Biden. "Undermining that authority could mean less lending to Main Street businesses, higher unemployment and greater economic pain across the nation...

https://abc7chicago.com/did-congress-pass-the-stimulus-bill-today-second-package-600-check-update-covid-relief/8894618/

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Can you share a link Mossfern Dec 2020 #1
Listening to MSNBC and CNN and they said the fed aspect put in by Toomey is a huge obstacle. Demsrule86 Dec 2020 #5
Can't let them tie their hands like this. It cannot be done, should not even be allowed and here we LizBeth Dec 2020 #8
I think the Dems are going to compromise on this...big trouble...but we can't have people Demsrule86 Dec 2020 #11
I think that they will have to have a way, if they do compromise, because can't just blanket that LizBeth Dec 2020 #15
If it hurts Biden, they are perfectly willing to kill, starve every last American. Irish_Dem Dec 2020 #2
That's it...discussing now on MSNBC. Demsrule86 Dec 2020 #12
Details, or at least a vague allusion..? denbot Dec 2020 #3
and what's with PUGS Skittles Dec 2020 #4
Short for Repugnant... I don't remember where or why I came up with it. Demsrule86 Dec 2020 #14
ahhhh Skittles Dec 2020 #16
I was of the same thought, expecting to see puppers. procon Dec 2020 #22
I honestly don't remember...wasn't there a meme where Republican was between Reptile Demsrule86 Dec 2020 #26
I added details and it is being discussed on MSNBC now. Demsrule86 Dec 2020 #13
Here. Demsrule86 Dec 2020 #19
Talking about controlling what is allowed in future? They did. LizBeth Dec 2020 #6
Would't want to tell us what you're talking about or anything. DrToast Dec 2020 #7
It is in the thread... Demsrule86 Dec 2020 #18
Well of course they did. Isn't this one of the major points of destroying a democracy? Budi Dec 2020 #9
They don't want to do it but know they could lose Georgia races underpants Dec 2020 #10
I think so too... I hope Schumer doesn't cave...McConnell also needs a deal. Demsrule86 Dec 2020 #17
Mitch may be forced into it underpants Dec 2020 #21
You are correct...I think our leaders will get the best deal possible being those that care Demsrule86 Dec 2020 #27
Most posters post info or a link!!! nt USALiberal Dec 2020 #20
Does it matter that much? It was the second post I think. I had no link at the time Demsrule86 Dec 2020 #28
It's about hamstringing Biden Sympthsical Dec 2020 #23
They are willing to kill Americans for political power...and have backed the mass murder of Demsrule86 Dec 2020 #34
Guys, Both MSNBC and CNN True Blue American Dec 2020 #24
I've been watching football underpants Dec 2020 #29
Great news. I am in Ohio. Demsrule86 Dec 2020 #31
The last hour or so had not been great...hope we get something. I heard Demsrule86 Dec 2020 #32
The Democratic Leadership should instruct ALL Democrats to raise hell about it everytime they... WyattKansas Dec 2020 #25
I agree. Demsrule86 Dec 2020 #30
Biden's already failing... lame54 Dec 2020 #33
Pelosi MUST hold the line on this intrepidity Dec 2020 #35
Right-o! Yeehah Dec 2020 #38
This message was self-deleted by its author I_UndergroundPanther Dec 2020 #36
Maybe it's time I_UndergroundPanther Dec 2020 #37
Latest Discussions»General Discussion»Looks like the Pugs inser...»Reply #5