Comments (9)
No. 1-7
Greenmountain
Greenmountain

Scary that the bill is being signed into law with little if any review and in a few months we will be wondering how a part of it went so wrong.

Eddie_T
Eddie_T

Just.a quick summary, then, when you’ve read through it, okay?

amigator
amigator

We elected the politicians that produce such a transparent document....lol

Herkie
Herkie

From Trump's point of view there is only one thing in it he must be rid of and thus the threat to veto, along with the political carrot of major high dollar value relief increase.

The Corporate Transparency Act. This would if it becomes law strip secrecy from shell companies, like the one half his $1.2 billion in campaign funds was channeled into and amounts to a black hole beyond the reach of the FEC, and of which the Trump family, and at least one Pence family member, as well as Trump's campaign manager all had their hands out and took more than $170 million of illegally, maybe a lot more.

Or, possible shell companies that were created and used to hide foreign bribes in exchange for access. Or, outright bribes from corporate masters paying for "protection insurance" against the power of the president lest they be treated the same as Bezos.

Or, possibly shells that "contracted" with the federal government and were paid directly from the treasury for goods and services neither performed nor delivered, and since his entire cabinet is in his thrall they were the gatekeepers that saw to their department's own inspector generals, some of whom have been fired for no public reason.

We know the graft and grift has been historic in scope, we KNOW that they stole at least $170 million in funds donated for campaigns and "stop the steal." What we do not know is how much more and we never will as long as shell companies can shield the theft in secrecy.

Donald Trump is not going to sign any bill into law that contains that rider.

Herkie
Herkie

Mish this is not the Covid stimulus bill.

I get emailed political analysis from the Bulwark, a conservative sort of never Trump type organization and this morning there was this explanation of the bill.

I understand your concerns with the bill, but most people don't realize this is COVID relief and the omnibus spending package combined. That's why there are things, like foreign aid, included in it.

Now, why did this happen? 12 years ago was the last time Congress passed all 12 appropriations bills. Typically, the administration submits a budget, and Congress passes its own budget, and then the various committees pass the 12 appropriations bills that fund the government.

Then, the wheels all came off. Congress stopped doing this. Power was consolidated in the various leadership offices in both chambers, and they'd push continuing resolutions and omnibus packages. And they've pretty much done a version of that every year since.

(If you want to nerd out, go here: https://crsreports.congress.gov/AppropriationsStatusTable)

I'm not saying this is a good bill. I don't think this is a good way for Congress to operate. It gives your Senators and House member less influence in funding things that are important to wherever you live, influence policy. It becomes a trench war people are faced with take-it-or-leave-it choices.

And as taxpayers, we should be pissed. But it's not going to be fixed because we still have to fund the government. If you'd like a separate trillion dollar bill just doing COVID-19 relief, they'd still have to pass the underlying omnibus.

And it is unlikely to be fixed, because just as Congress has delegated a lot of power to the administrative state to avoid having to make hard choices, the reason this has gone on so long is because members love complaining they have no voice and that the decisions are really out of their hands.

We should demand better. But we're not going to fix it until we elect people who do the same.

GoodGrief
GoodGrief

by comparison, the brexit deal, as I heard last night on BBC, is around 2000 pages... And they have been working on that for years, and it covers a broad range of trade issues (I assume!) Good Grief, WTF?


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