National Economic Council Director Larry Kudlow explains the overall picture of the legislative package as coordinated by Treasury Secretary Steven Mnuchin, and the White House economic team.   The overall financial package is $6 trillion.  $4 trillion of that amount is federal reserve lending authority in case needed.  $2 trillion is direct economic assistance.

Democrats are still attempting to add their K-Street pet projects (foreign aid grants, performing arts contributions, union payoffs, election modifications, funds to expand abortion services, subsidies for wind farms, restrictions on cow flatulence, funds for Hollywood productions, airline emissions, turtle training classes and various social engineering topics) to the spending package. That battle continues….

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You can tell when Speaker Pelosi recognizes a political backlash for her manipulative schemes because it’s the only time she blitzes the media. After suffering a very large political hit, beyond the capability of the media to defend, Pelosi said today the House will take up the Senate coronavirus bill.

The writing was on the wall late yesterday as people started digging into the 1,400 page House proposal and exposing all of the far-left ideological efforts within it. Billions were earmarked for nonsense progressive projects and the House scheme was fraught with social engineering that had nothing to do with assisting workers and businesses.

Even Pelosi’s own party started telling leadership they had gone way too far with the assembled list of nonsense legislation. The speaker recognized if she did not quickly make a tactical retreat her party would be crushed by exposure of the brazen politics they were attempting. The reach was so extreme, the media could not protect her.

In an effort to save a horrid face, the speaker was forced to blitz the media alone while all other house members watched to see how she could recover. Whenever Pelosi stands alone, that’s the “tell” for the size of the political miscalculation.  Pelosi announced she was abandoning plans for the 1,400 page House scheme. Now the senate work continues…

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National Economic Council Chairman Larry Kudlow appears on Fox Business to discuss the Main Street economic support package assembled in the senate. Stuart Varney also asks about the timing for getting people back to work.

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There are many people, many voters, simply stunned at how the Democrats are trying to use the COVID-19 economic emergency to add unrelated ideological elements to the Coronavirus Aid, Relief, and Economic Security Act.

Senator Tom Cotton walks through some of the items the Democrats are demanding before they will allow economic relief to U.S. companies and workers. MUST WATCH:

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Christine Pelosi is Nancy Pelosi’s daughter.   In this tweet below Ms. Pelosi celebrates the coronavirus diagnosis for Senator Rand Paul, by commending political violence carried out by a neighbor against the senator last year.  Do not look away:

[LINK]

Apples don’t fall far from trees.  There is a reason why the far-left celebrates and embraces political violence; and cheers when their political opposition has any form of suffering. It’s a mindset our founders warned about, and carried into all political oaths of office; you might be familiar with the phrase: ..”against all enemies foreign and domestic.”

The Pelosi family publicly exhibit a psychology adverse to the interests of peace and tranquility.  They are, quite simply, the manifestation and embodiment of the warning within the oath of office.  These are the “domestic enemies” within our nation.

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Democrats are blocking Senate Bill S.3548, The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act.   House Speaker Pelosi is instructing Senator Schumer not to support any relief bill unless it includes: cancellation of college student debt, union protections, tax subsidies for windmills/solar, and new airline emission standards.

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Nancy Pelosi’s legislative stunt has revealed that the coronavirus panic is likely a well coordinated political stunt.  If it were as real as claimed, Pelosi wouldn’t have the time to organize a political spending scheme…. ergo, it’s more likely a planned hoax to bring the economy to a standstill and create a self-fulfilling prophecy.

Yes, people are unfortunately sick, but the reality is shutting the U.S. economy for a prolonged period of time will likely kill more people than any virus.  With that in mind, President Trump takes a bold step and puts a deadline for a decision.  All Caps:

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Man-o-man, this is some high-stakes poker playing, and it’s the United States economy on the table.   Mitch McConnell is going to put S.3548 The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, back on the senate floor at 9:45am ET tomorrow, 15 minutes after the stock market starts collapsing.

[Read Bill Here]

[Link To Tweet]

Sweet Baby Jesus… I can’t remember ever seeing anything like this.  A $20 trillion U.S. economy, and tens-of-millions of American jobs and businesses on the line….  And McConnell is calling Pelosi’s bluff.    P.U.B.L.I.C.L.Y!

Talk about seriously high stakes politics.   Yikes.  McConnell is going to make every democrat senator vote again to close debate and advance the bill; putting them on record for negotiating a deal and then walking away from the deal they assembled.

I would imagine Senator McConnell has talked to President Trump about this….

Over the past three days a bipartisan group of senators, not leadership, constructed a $1.6 Trillion emergency aid package to rescue the U.S. economy and American workers.  The package had the support of Mitch McConnell. It is called The Coronavirus Aid, Relief, and Economic Security Act, or “CARE Act“. [READ BILL S.548 HERE]

However, at the last minute House Speaker Nancy Pelosi, having returned from her House recess vacation sipping cocktails poolside, instructed Senate Minority Leader Chuck Schumer to crush the senate effort.

Power hungry Pelosi sees an opportunity to use the looming economic crisis as leverage for selecting winners & losers amid the K-Street lobbying community.  Donors for Democrats will be rewarded; supporters of Republicans, not-so-much.  This is DC at it’s worst and Pelosi isn’t going to lose another opportunity.  It’s the same process she used in ’08/’09.

“Twice in one lifetime… How blessed am I?”

Senator Schumer did as he was instructed.  The relief bill did not pass cloture (60 votes needed), and the three-day effort collapsed.  Immediately the DOW futures dropped 5%.

WASHINGTON DC – “I want everybody to fully understand if we aren’t able to act tomorrow, it will be because of our colleagues on the other side continuing to dicker when the country expects us to come together and address the problem,” McConnell said on the floor. He added that over the last 48 hours there were bipartisan discussions among “regular members of the Senate, not in the Leadership office, not in the speaker’s office for goodness sakes.”

“She’s the Speaker of the House, not the Speaker of the Senate,” McConnell added. “We were doing just fine until that intervention.”  (more)

There are two main points Pelosi is targeting.  First, because COVID-19 creates a MASSIVE SPENDING opportunity, Speaker Nancy Pelosi wants to include the elimination of college debt, literally wipe out student loans – which ironically and intentionally were created under Obamacare, in the coronavirus bill.

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Treasury Secretary Steven Mnuchin appears on Fox News to discuss the financial legislation (likely vote tomorrow) to support workers and businesses immediately impacted by President Trump’s proactive shut-down of the U.S. economy.

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