Watching Nancy Pelosi and her fellow degenerates at work crafting one spending bill after another in response to the Wuhan panic calls to mind Rahm Emanuel’s famous admonition about not letting a crisis go to waste. Under the guise of helping Americans during time of a self-inflicted crisis, Pelosi and pals are using spending bills to try to fundamentally alter America. They want to give stimulus payments to illegals. They want to use the stimulus bills to protect abortion. They want to use stimulus bills to saddle America with so much debt that it can only ever be serviced by raising taxes to astronomical rates if not by outright repudiation. In fact, virtually every part of the bills they have created is aimed less at helping America than at destroying it.
On Saturday, Pelosi rammed a bill through the House that will cost approximately $3 trillion…that’s with ‘t’. Think about that for a moment. Pelosi wants to borrow the equivalent of 1/6 of the nation’s GDP and spend on a crisis that is essentially over. This is on top of the $2.3 trillion boondoggle package already signed. To put it in perspective, if this bill passes the Senate and is signed into law, we will have mortgaged 25% of the nation’s GDP for handouts that are focused on helping Democrat-run states that were virtually bankrupt before the crisis balance their budgets on the back of the American taxpayer:
The $3 trillion Heroes Act—the sweeping coronavirus rescue bill introduced by House Democrats this week—passed the House on Friday evening. The cornerstone of the bill is $875 billion in additional funding for state and local governments and $20 billion each for tribal governments and U.S. territories. The legislation also includes another $75 billion for testing, new provisions for hazard pay for essential workers, $75 billion in mortgage relief, $100 billion for rental assistance, plus another $25 billion for the Postal Service and provisions for a second round of $1,200 stimulus checks. There’s also $3.6 billion for elections, $10 billion for the Supplemental Nutrition Assistance Program and $10 billion for small businesses. If it passes the Senate in its current form (which it is unlikely to do), the bill’s astronomical price tag would make it the largest piece of stimulus legislation in American history.
On Sunday, Louisiana Senator John Kennedy was the undercard act to President Trump’s exclusive interview on Maria Bartiromo’s Sunday Morning Futures. He was asked about the House bill. The video is cued to the beginning of Kennedy’s interview. It is worth listening to.
The House passed a $3 trillion coronavirus relief package late Friday night.
This is the largest in congressional history. Now it heads for the GOP-led Senate, where my next guest says it is as dead as fried chicken.
Louisiana Senator John Kennedy serves on the Senate Judiciary, Budget, and Banking, Housing and Urban Affairs committees. He also chairs the Appropriations Subcommittee on Financial Services.
Senator Kennedy, it’s great to see you this morning. Thanks very much for joining us.
SEN. JOHN KENNEDY (R-LA): You bet.
BARTIROMO: Tell me about this $3 trillion bill. Your colleagues and the House have passed it. Why do you say it is as dead as fried chicken?
KENNEDY: It’s $3 trillion, for one thing, every penny of which we would have to borrow. That’s 3-0-0-0-0-0-0-0-0-0-0-0-0 dollars.
KENNEDY: It’s not going to pass the Senate, nor should it.
My fellow Republicans in the Senate have tried to see things from the speaker’s point of view, but we can’t get our heads that far up our rear ends. And I think any fair-minded American would agree, once they read the bill.
BARTIROMO: There are things in this bill that have nothing to do with coronavirus, Senator.
And you have to wonder. Maybe they’re saying, let’s not waste a crisis opportunity, but money so that marijuana companies can do banking, money for illegals coming into the country and having services. I mean, the list goes on.
Tell us what you see as the most sort of damaging here in this bill that is not helping anybody related to coronavirus.
KENNEDY: Well, it’s not a coronavirus bill, as much as it is an effort by the speaker and her colleagues to rewrite the rules for American society.
This bill, her bill would rewrite our immigration laws. Her bill would federalize elections. Our elections have always been run by states and local governments. Her bill would begin the process of federalizing the elections.
It would allow federal prisoners to go free. It mentions dope more than it talks about jobs. I think it references cannabis like 68 times. It would expand Obamacare.
And let me end as I began. It would cost $3 trillion. That’s 3,000 billion dollars. We just spent $3 trillion. We need to see how that works first.
He goes on to say that the only way for us to get out of this mess that we created is for the nation to get back to work. It is not a problem that we can borrow-and-spend our way out of.
The real question is whether anyone in the Senate has the guts to do what it takes to stop this idiocy, because I suspect quite a few of them have their heads where Pelosi has hers and see the virtues of passing this bill, and the political downside of having to defend a vote against it, quite well.