Congress Approves a $900 Billion Stimulus Package, Billions in Pork Funds, Federal Employees Get a Raise – Bitcoin News

The US Congress has passed a $900 billion Covid-19 relief package tied to the government’s $2.3 trillion year-end funding plan. Of course, discussions about Americans getting a $600 check have already started going viral online, but the reports also include discussions about improper spending and unlimited pork funds. .

$600 Equivalent of Marie Antoinette’s: ‘Let Them Eat Cake’

As soon as the mainstream media started reporting on the fact that the US Congress had approved a $ 900 billion Covid-19 relief package, Americans began talking about the $ 600 check they could receive. Okay. Commentaries on politicians are not very pleasant and on Twitter the phrase is often attributed to Marie Antoinette, “Let them eat cakeTrending in the last 24 hours.

The $900 billion Covid-19 relief package is 5,593 pages long, and according to Kentucky Representative Thomas Massie (R-KY 4 District), Democrats don’t even want to read the bill.

“Reminder: The House has a 72 hour rule for people to read the bills,” Massie tweeted. “Every Democrat in the House voted to suspend that rule and that’s why we’re voting on the more than 5,500-page bill tonight with less than eight hours to read it.”

Let them eat the cake: Congress approves $900 billion stimulus package, billion-dollar pork fund, federal employees get a raise
While Americans will receive a $600 stimulus bill, billions of dollars in approved pork funds for the political class include a 1% pay raise.

In addition, on social media and online forums, many Americans have discussed the huge amount of pork barrel fund included in the latest $900 billion program and the total financial plan. year-end subsidy of $2.3 trillion. “Pork” or “pork sponsorship” is when officials distribute funding for certain government programs and the costs are distributed among taxpayers.

The year-end funding law also allocates $284 billion to the Paycheck Protection Program (PPP). Unfortunately, many Americans were not satisfied with the final PPP distribution, as it was intended for small businesses but most of the funds were withdrawn by large businesses.

Billions for foreign, 1% raise for federal employees, new furniture and missile purchases

Pork approved by US politicians is extremely lavish and seems to benefit the political class most. For example, Congress gave itself and all federal employees a 1% raise. Notorious zerohedge.com journalist Tyler Durden has published an amazing collection of the bulk of the pork barrel fund being added to the Covid-19 bill.

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But the list is much larger, and over the course of the past 24 hours, many have scrutinized the so-called relief bill.

Let them eat the cake: Congress approves $900 billion stimulus package, billion-dollar pork fund, federal employees get a raise
Millions of dollars will be spent providing the US Senate with new furniture.

The Covid-19 package of enormous size will bring billions of dollars to foreign countries, millions of dollars to the Kennedy Center, etc. For example, family members of unauthorized US citizens will receive up to 1,800 dollars. la. There’s even a new law included in the bill that would make illegal streaming a felony. The massive $2.3 trillion package is the largest package ever considered by Congress, so large that the 5,593-page bill must transport by dolly 4 wheeler.

An estimated $3.3 billion will go to Israel ($500 million to the Israeli military), $453 million to Ukraine, $130 million to Nepal, $10 million to Pakistan, 1 $.3 billion for Egypt, $700 million for Sudan, $135 million for Burma, $85.5 million for Cambodia, and $1.4 billion for the “Reinsurance Initiative Act” Asian danger”.

While the US government is forced to close hundreds of thousands of small businesses across the country, the new bill approves $89,615,280 for the US Senate to buy new furniture.

$2 billion for Air Force missile purchases, $2 billion for the Space Force, and $4 billion for the Navy. $65 million to restore salmon populations, $208 million to upgrade Census Bureau computer systems, $35 million to improve community and police relations, $710 million to provide weapons and training to the Syrians.

Scrambling to approve $2.3 trillion in a week is no accident

Popular Twitter accounts Rando oil field also tweeted about many of these unwarranted US government spending and mocked all the pork loaded into the Covid-19 relief bill. “$750,000,000 for Fossil Energy Research Development? Rando request on Twitter. “Who got this?” Rando continued to criticize the US government and said:

$222,724,000 for IRS ‘business system’ update. You know, the IRS says they’re too poor to investigate super-rich offenders, and that’s why they focus on investigating the middle class.

It is clear and blatant that US officials have added a large amount of pork barrels to the relief bill. But most politicians in the US are acting as if they are scrambling to pass a $900 billion bailout in an effort to solve economic difficulties.

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Senator Rand Paul, (R-KY) disappointed members of the US Congress when he addressed them on the Senate floor on Monday. Essentially, Paul said that the Republican and Democratic Party leaders are essentially one and the same. “For the so-called conservatives who are quick to define Democratic socialism: If you vote for this monstrous spending, you don’t get any better,” Paul said. Youtube videos of Paul’s Senate speech also went viral on social media and forums

“If free money is the answer…if money really grows on trees, why not give more free money?” Paul emphasized. “Why not bring it out all the time? Why stop at $600 per person? Why not $1,000? Why not $2,000? Maybe these new free money Republicans should join the Everyone Entitled-A-Guaranteed-Income caucus? Why not $20,000 a year for everyone, why not $30,000? If we can print money with impunity, why not do it? “

However, as usual, it is the officials and their friends who will receive the financial boost in the coming days. Meanwhile, millions of Americans are also paying rent, and the latest law only extends the eviction protection program through the end of January.

In general, huge bills like this are saved especially for busy weeks, said Kentucky representative Massie. “Bless your heart if you think that passage of over 5500+ trillion dollars + bills just happened by chance the week of Christmas,” Massie tweeted. “If I’ve observed one thing during my time in DC, it’s that Congress saves the biggest bill for Congress of the week. [members] are most anxious to go home to their families. “

The $900 billion Covid-19 relief bill has been sent to President Donald Trump’s desk and is currently awaiting his signature.

Cards in this story

2nd stimulus check, other stimulus check, foreign, Let them eat cake, Marie Antoinette, Military spending, New furniture, Salary increase, Paycheck Protection Program (PPP), Pork Fund , second stimulus, second stimulus test, stimulus test day, negotiating stimulus, Thomas Massie, Tyler Durden

What do you think of all the pork added to the Covid-19 relief bill and year-end funding? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a fintech journalist living in Florida. Redman has been an active member of the crypto community since 2011. He has a passion for Bitcoin, open source, and decentralized applications. Since September 2015, Redman has written over 5,700 articles for Bitcoin.com News about the groundbreaking protocols emerging today.




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