Here is a tweeted summary of the coronavirus spending bill by Rachel Bovard, Senior Director of Policy at the Conservative Partnership Institute. I am sharing it because I thought it may be of interest to those of us who did not have a chance to read it all.
The short version by Bovard:
SBA loans coming too late for many businesses
A measly $1200 check for families that might come in a month
Forces medium size business to unionize
Unrelated gov't pork & a pay raise for the House of Reps
$17b for Boeing
The long version:
“$850 million toward law enforcement grants appears to be structured specifically to allow sanctuary cities to get around admin policies that restrict funds to cities who ignore federal immigration law." Bovard asked immigration experts to weigh in on this.
"The very final version of the Senate's #COVID19 package is out, and yes, the Kennedy Center still gets $25 million."
"And the House still gives itself a $25 million raise. I'm sure it's to help the individuals and small businesses going under, right?"
"If you're a small business, you have to take out a loan. But if you're a National Endowment for the Arts recipient, you get $75 million worth of GRANTS."
"What a relief, the National Endowment for the Humanities also gets $75 million in grants. These are the same agencies who get yearly appropriations money, btw. They've already been paid this year. This is extra."
"Let's not forget about Office of Museum and Library Services. They've already been funded this year. But why not throw them an extra $50 mill."
Daniel Horowitz of Conservative Review notes: "$10 billion bailout for Post Office and $39 billion for department of education."
$350 million for “Migration and Refuge Assistance.” Rep. Matt Gaetz (R-FL) reacts: “We should secure the economic condition of *every American* before spending the first extra dollar on a program that largely supports people here illegally.”
$513 million for the “African Development Fund,” a finance apparatus of the African Development Bank Group. The ADF exists “to fight poverty and improve living conditions on the [African] continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.”
It’s hard to square all the above with the stated purpose of the bill: “Providing emergency assistance and health care response for individuals, families and businesses affected by the 2020 coronavirus pandemic.”
The full text is available here.