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Hobbs
CNBC Television
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Comments by "Hobbs" (@hobbso8508) on "What the $1.9 trillion stimulus package could mean for the market" video.
Senate made some changes so house has to pass it again. Biden is expected to sign before the unemployment extension runs out on Sunday.
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Stimulus checks make up 20%. Unemployment, rental assistance, mortgage assistance and several other plans are all direct assistance as well. The business loans are for small businesses. The money you claim is going to blue states is actually being distributed to governments that need assistance staying open with covid restrictions, this could be any state. Blue states also have more people and pay more in federal taxes so it would make sense for them to get more funds.
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