I think the American Rescue Plan is a ridiculous pork-filled and unnecessary bill. I don't know what is wrong with those people in Washington. Who writes those bills anyway? I'm pretty sure that it is not the sponsor of the bill.
The spending is outrageous in my opinion. First... they keep us locked down and wearing masks and unable to eat in restaurants or attend any kind of gatherings.
Then they go on this spending spree to rescue the people that they put out of jobs. However, a large percentage of the spending is not being used to help the people who were economically hit by the lockdowns. Instead, it is going to all kinds of other things.
It's as if the politicians have no concern about creating money out of thin air and the consequences that will ensue.
Bill W.
My wife and I have both worked as legislative assistants on Capitol Hill. One thing we learned fast was that whatever name or title is given a bill, it probably does the opposite. It's all in the details. And that was the early 1990s!
So what do we think of the American Rescue Bill? It's a cement life jacket. Think of this "rescue" as Thelma & Louise, stoned, and in a faster car. In the 2021 remake, it would probably be a Tesla.
Blas P.
Sadly, the Rescue Plan is exactly the opposite of its rubric. It will enslave everyone under an even larger debt burden for many, many years. There is no question that some people do need assistance, but the process by which that is determined is sloppy and pathetic. I know numerous well-off people that live permanently overseas who received checks in the last round. Are we stimulating the English and Austrian economies too?
There is no greater indication of how much pork and nonsense is in this Bill then looking at what people are actually receiving vs. the overall amount of $1.9 trillion. Basically, every man woman and child should receive $5,400, if this was even distributed among the 350 million Americans, instead some people are getting 1/4 of that. The rest disappears into the amorphous government hole without any accountability.
It's disgraceful!
I don't understand how any person or institution would be willing to buy U.S. Treasurys, and lend the government money, when we can see in this Bill how inefficient and mismanaged everything is. Inflation and currency devaluation are going to move into hyper drive. Buckle up, buttercup!
Hank D.
Almost all of Congress should be replaced. We continue to spoil Americans with entitlements that only makes it more difficult to get rid of later. Helping those that struggle is... give them the opportunity to work, not lock down business or jobs.
Let's get back to basics.
We are at the point in our lives where we don't need to buy things but just move forward to enjoy the world around us and our family. At 81 and still working as a self-employed Realtor for more than 58 years, there were times when we didn't have any money, but we just worked harder and smarter to get ahead.
We have been blessed by great family training and this is what our country needs now. We were taught to respect the other person even if we didn't agree with them. We were taught to save for a rainy day.
What we our fearful of is that these idiots in Congress are doing is destroying our savings and retirements with stupid money printing. So we have stocks, and real estate. If we sell any of it, capital gains kicks in [and we] pay 30% of our hard-earned savings to the Federal and State governments. Those really aren't gains but direct result of the government devaluing the dollar.
Bob B.
It stinks terribly, full of unnecessary, unrelated ways to spend money, that have no relation to the COVID situation, sending large sums of money to people who do not need it, and bailing out mismanaged states and municipalities.
Anthony R.
Not much help – a lot of pork, increasing the debt for future generations to look good and to get votes from those who do not work... What a bunch of GAR-Bage.
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