HB 23-05: Emergency Economic Stimulus Act of 2020 (Passed)

[Lumine]

Was about to object before I saw the changes made. As I was going to state, whilst the emphasis should be on delivering needed resources to most citizens - and in that sense I wholeheartedly support a temporary UBI measure -, I do think the Administration got it right in terms of adding some stimulus measures to help the economy, and I think Thumb's proposal of maintaining the corporate tax cut while eliminating the tax cuts for the highest bracket is sensible.

I do wonder if there's support for reduction in some of the proposed financial assistance, particularly towards the airlines. I absolutely get why there are several industries that we must protect and support, but I'd be concerned about spending too many resources on some companies which don't appear to be that deserving of being bailed out.

[Lumine]

I do wonder if there's support for reduction in some of the proposed financial assistance, particularly towards the airlines. I absolutely get why there are several industries that we must protect and support, but I'd be concerned about spending too many resources on some companies which don't appear to be that deserving of being bailed out.

If you have an amendment, I'm open to it but also be aware of the urgency to pass this, especially with the senate trying to push for a vote already it seems.

On second thought, no, it's not that big of an issue considering it will really depend on the Administration will be implementing this measures (Truman as Attorney General? This is the type of situation in which having a Treasury Secretary could mean a lot of fun government interaction), and in that case it's better to offer reasonable scrutiny of the expenditures.

I'll be supporting the bill as it stands.

[Lumine]

Aye.