Dems block $1.8 trillion coronavirus stimulus bill, stock market futures crash even lower

by SooperMexican

Democrats rejected a Republican bill meant to be a stimulus for the coronavirus epidemic, and the markets tanked on the news… even further.

That is not a good headline for Democrats, and the GOP will be able to blame them when the markets open tomorrow at least one thousand points lower:

More from ABC News:

Bipartisan talks on a third economic stimulus package to address the novel coronavirus crisis — worth well over $1 trillion — have run aground, leaving the outcome uncertain, and it appears all but certain that both chambers will not have a bill to send to the president’s desk by Monday.

House Speaker Nancy Pelosi sounded an ominous note, speaking to a staffer after she left a closed door meeting with top congressional leaders and Treasury Secretary Steven Mnuchin, saying, “We are so far apart.”

When asked why just moments later, she said, “We are still talking. It’s on the Senate side now, because that’s their deadline for a vote. But we’ll be introducing our own bill, and hopefully it’ll; be compatible with what they discussed in the Senate.”

McConnell was furious on the floor:

Here’s the narrative coming out of the Democrats:

They’re probably getting their political tips from noted millionaire of the people, Cher:

Apparently Democrats are working on their own bill, but that is going to take time that will further tank the stock market. So in other words, hang on to your 401ks, it’s gonna be a bumpy ride.

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That’s it for Sunday. We hope you had a great weekend. Wash your hands, have an open thread, and wash your hands.

That’s it. Be good to one another. And wash your hands.


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