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News US government is going to send every household $1k+ in the next two weeks

Moshimo

Gold Member
Aug 16, 2018
385
425
545
Do you have to be a tax payer to get the $1k? I want some free money.
 
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Darkmakaimura

Member
Dec 12, 2008
13,321
2,899
1,430
fortune-summoners.wikia.com

How are y'all gonna irresponsibly spend this money?
Every household? How will they determine who gets it? Like I live with someone but I'm not head of household.

I'm still sure you to qualify somehow.

I'd read the article but my phone is slow af right now.
 

brap

Banned
Jan 9, 2018
11,405
27,929
1,120
Every household? How will they determine who gets it? Like I live with someone but I'm not head of household.

I'm still sure you to qualify somehow.

I'd read the article but my phone is slow af right now.
Donald Trump has dramatically stepped up the US government’s response to the coronavirus outbreak by announcing plans to send cheques directly to American citizens to give them emergency financial aid, while agreeing to purchase up to $1tn (£830bn) of corporate bonds.


The White House said it was preparing to send the payments to Americans within two weeks as part of a vast stimulus package to shore-up confidence in the world’s largest economy as the efforts to contain the disease threaten a global recession.


At a special briefing in Washington, the the US Treasury secretary, Steve Mnuchin, said: “This is stuff that needs to be done now. The president has instructed me, this is no fault to American workers, for medical reasons we’re shutting down.”

Speaking after the Republican senator, Mitt Romney, proposed sending $1,000 cheques, Mnuchin said the value of the payments would be “bigger than what’s in the press”.


The handouts are part of a wider $850bn stimulus package the Trump administration is negotiating with Congress. The bank bailout package agreed at the time of the financial crisis – known as Tarp – was worth $700bn.


The US Federal Reserve will also invest $10bn to a special purpose vehicle to provide guarantees that the central bank would purchase up to $1tn of US corporate bonds if required, aiming to smooth the financial markets after weeks of turmoil.


Mnuchin also said the White House planned to allow individual taxpayers to defer payments of up to $1m and for companies of up to $10m, in steps that could cost the government as much as $300bn.


Speaking alongside Mnuchin at the press conference, Trump said: “We’re going big. We want to get it done and have a big infusion as opposed to going through little meetings every couple of days.


“We want to go big – we want to go solid. The country’s strong. With this invisible enemy, we don’t want airlines going out of business or people not having jobs and being able to live, when they were doing OK four weeks ago.”


“We have ways of getting out money in many ways, very quickly and very actively.”
 
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Vicetrailia

Member
Mar 12, 2019
1,577
975
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Every household? How will they determine who gets it? Like I live with someone but I'm not head of household.

I'm still sure you to qualify somehow.

I'd read the article but my phone is slow af right now.
I hear the proposal is to adults making under 65k. I won't qualify, but I hope it happens.
 
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Yoshi

Headmaster of Console Warrior Jugendstrafanstalt
May 4, 2005
15,852
5,100
1,875
32
Germany
www.gaming-universe.de
That’s bullshit. So, my brother, who JUST got back 5 grand in taxes gets another grand for free and I get nothing? There’s no justice in this god damned world.
I mean your brother got the 5k back because he (over)paid them in the first place. This is not the same thing.
 

highrider

Member
Dec 18, 2010
10,100
4,235
1,020
52
washington d.c.
The government never helps. If you’re American you should already know that. All these people that don’t earn much or are already on some kind of assistance, we’re already carrying you. The people that keep you afloat get help first. Capitalism has no mercy on broke people.
 
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-Arcadia-

Gold Member
Aug 20, 2019
4,021
12,464
650
No irresponsibility here. I’m not salaried, or anything of the nature — I do my work, and I get my check. I don’t do my work, I don’t get my check.

Savings have me covered, but this would be very much appreciated, especially without knowing exactly how long this is going to go on for.
 
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kevm3

Member
Jun 12, 2004
8,005
343
1,595
pretty much first steps towards universal basic income aka welfare on steroids
 

Gargus

Banned
Oct 1, 2018
2,067
2,837
515
Do you have to be a tax payer to get the $1k? I want some free money.
Doesn't matter. If you dont pay taxes you either are a minor and dont need the money because school is your only priority, or you're an adult who needs to get the fuck out of the country or get a legit job and pay taxes like everyone else.
 
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KuntChocula

Formerly 'KingMoron'
Dec 10, 2018
1,900
5,642
730
I will invest it in 1000 Slim Jims, when society eventually collapses....I will be sitting on a gold mine of the new world currency.

If it all blows over, I will build a throne of Slim Jims.
 

StormCell

Member
Dec 11, 2018
1,267
1,224
420
Well, I don't want to lie...

If the feds wanna send me $1K, I'm gonna use it to upgrade some electronics in my boat, since even my bonus has gone to basically cover home expenses recently. Then I'm gonna go win some tourney money. I'll probably win some before I can get the upgrades installed, but anyway... thaaaat's what I'm gonna do!
 

SurprisedPikachu

Gold Member
Feb 16, 2014
777
1,068
835
Earth
I wish he'd slap the fuck out of Congress and just give us the payroll tax cut instead, but the nazis on the left don't want to give you money - they want to take it away.
 
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