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Home Breaking News Mitch McConnell Made $3,300 This Week While Blocking One-Time $2,000 Stimulus Check

Mitch McConnell Made $3,300 This Week While Blocking One-Time $2,000 Stimulus Check


#Senate #Majority #Leader #Mitch #McConnell (R-KY) takes questions during a news conference at the U.S. #Capitol on #December 15, 2020. #He is blockinga move to boost stimulus checks from $600 to $2,000.
#Tom #Brenner/Pool/Getty #Images

#This story is co-published with The #Daily #Poster.

#Senate #Majority #Leader #Mitch #McConnell was paid $3,300 of U.S. government money this week while he blocked a one-time $2,000 stimulus check for struggling #Americans.

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#Even before the pandemic, 40 percent of #Americans were struggling to afford at least one basic necessity and 78 percent of full-time workers were living paycheck-to-paycheck, according to figures from 2017. #Half a million people were counted as homeless in 2018 alone.

The pandemic has made things worse: #In the spring, 22 million jobs were lost which could take as long as four years to recover without significant relief. #As of #June, roughly 14 million workers and their dependents had lost employer-based health insurance. The number of #Americans affected by food insecurity is now projected to hit 54 million—up from 35 million pre-pandemic. #More than 14 million #American households are at risk of eviction and more than 336,000 #Americans have died from the virus.

#One in ten adults—and one in four young adults—have considered suicide in the last year, and violent crime has risen across the country. #One recent study warned that the pandemic was creating fertile ground for terrorist recruitment by inspiring “angst” in millions of people and incapacitating “major functions and institutions of world’s societies.”

#Here are 10 statistics to put the stimulus proposal in perspective.

1. The total cost of $2,000 checks ($465 billion) is less than half the amount that #American billionaires have made during the pandemic ($1 trillion). The total cost of the checks is less than the amount that just 16 #American billionaires increased their net worth by during the pandemic ($471 billion).

2. #Jeff #Bezos and #Elon #Musk gained more wealth during the pandemic ($158 billion) than #Congress just authorized for additional unemployment benefits for millions of #Americans ($120 billion).

3. #Jeff #Bezos’s personal wealth increased more every second of 2020 ($2,800) than #Congress is considering giving #Americans who are facing eviction, starvation and bankruptcy ($2,000).

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4. #Congressional lawmakers are being paid $3,300 of government money every week while they find ways to block $2,000 checks to millions of #Americans.

5. #It took #Congress less than a month to pass legislation giving a $700 billion bailout to bank executives during the financial crisis. #It has taken #Congress more than eight months to mull the far less expensive stimulus bill to give $2,000 to #Americans struggling in an economic crisis.

6. A $2,000 survival check would give the average soldier more money than the proposed 3 percent military pay increase that is included in defense legislation that #Senators #Bernie #Sanders and #Ed #Markey said they would filibuster in order to force a vote on the survival checks.

7. The richest 5 percent of #Americans received more in #Trump tax cuts in 2020 ($145 billion) than #Congress is spending on increased unemployment benefits for millions of #Americans during the economic crisis ($120 billion).

8. #In 2016, “children, elderly, disabled people, and students made up around 70 percent of the poor,” according to the #People’s #Policy #Project. #Unlike unemployment benefits, $2,000 checks would help them.

9. #About 60 percent of #Georgia households make less than $75,000, meaning #Georgia #Republican senators allowing $2,000 checks to be blocked would deny aid to roughly 2 million of their state’s households as they run for reelection.

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10. #As #Republicans try to block the $2,000 check legislation, a new national survey found that 78 percent of #Americans support it.



[ source link ]
https://www.newsweek.com/mitch-mcconnell-made-3300-this-week-while-blocking-one-time-2000-stimulus-check-1558277

##Mitch ##McConnell ##Week ##Blocking ##OneTime ##Stimulus ##Check

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