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Posted On: 03/23/2020 10:45:48 PM
Post# of 127529
Re: energy_wave #35213
YOU may trust Trump, I don't.
At his daily coronavirus press briefing, President Donald Trump was asked to justify the provision in the Republican stimulus bill that would grant his administration an unrestricted $500 billion slush fund to be distributed to any corporation imaginable with zero oversight or transparency.
His response was that he would be the entire oversight of the program.
The $500 billion provision has been a massive sticking point for Senate Democrats, who claim it prioritizes giveaways to large businesses over meaningful help for workers, debtors, or the health care sector.
Read more: https://www.rawstory.com/2020/03/ill-be-the-o...lush-fund/
Democratic concerns have focused on a $500 billion funding program Republicans want to create for loans and loan guarantees, with some Democrats calling it a “slush fund” that lacks any oversight because the Treasury Department would have broad discretion over who receives the money. Asked about this Monday evening, Trump responded, “I’ll be the oversight.”
Source: https://www.washingtonpost.com/us-policy/2020...-stimulus/
At his daily coronavirus press briefing, President Donald Trump was asked to justify the provision in the Republican stimulus bill that would grant his administration an unrestricted $500 billion slush fund to be distributed to any corporation imaginable with zero oversight or transparency.
His response was that he would be the entire oversight of the program.
The $500 billion provision has been a massive sticking point for Senate Democrats, who claim it prioritizes giveaways to large businesses over meaningful help for workers, debtors, or the health care sector.
Read more: https://www.rawstory.com/2020/03/ill-be-the-o...lush-fund/
Democratic concerns have focused on a $500 billion funding program Republicans want to create for loans and loan guarantees, with some Democrats calling it a “slush fund” that lacks any oversight because the Treasury Department would have broad discretion over who receives the money. Asked about this Monday evening, Trump responded, “I’ll be the oversight.”
Source: https://www.washingtonpost.com/us-policy/2020...-stimulus/
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