Off-Topic: McConnell Backs It
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Name:
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GoneFishin
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Subject:
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McConnell Backs It
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Date:
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3/18/2020 1:27:35 PM (updated 3/18/2020 1:32:25 PM)
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A number of large companies used the tax savings to buy back stock. They are now low on cash and as business slows down the will have to begin layoffs to save cash. Many have borrowed to buy back stock and now are sitting with lower stock value and loans that need to be paid back. They need a stimulus to save their as*. I hope Trump does what Obama did and gets equity in exchange for any stimulus money.
McConnell Now Backs Same Stimulus He Opposed Under Obama. ... The measure eventually passed the Senate by a vote of 60-38 with all Democrats and only three Republicans in support. The bill passed 246-183 in the House without a single Republican vote.
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