Written by Michael Palomba
On Friday, the Democratic-controlled House passed the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, which is a $3 trillion stimulus bill. Much of the bill builds off of the $2.2 trillion CARES Act passed earlier this year, but House Speaker Nancy Pelosi has packed this new legislation with loads of liberal wish list items.
So, what did she and other Democrats sneak in?
- Over $900 billion in bailouts for state and local governments
- Student loan forgiveness
- A $25 billion bailout for the post office
- $3.6 billion for election assistance
In addition, the bill makes a major change to who is eligible for the next stimulus payment. Non-citizens and illegal immigrants who have a taxpayer identification number (TIN) will now be eligible for benefits. So with the national debt now larger than the entire economy, Democrats are pushing to give direct cash assistance to those illegally residing in the country.
Crazy—and sad—times we are living in.
There are other wishlist items in the bill, but the aforementioned are the most alarming. The bill passed 208-199, with one Republican backing the bill and 14 Democrats voting against it.
Luckily for America, the HEROES Act, which many view as a political stunt rather than a legitimate effort to help the American people, is dead on arrival in the Senate.
“I listened to what Speaker Pelosi told your conference—to go big. Instead of going big, it seems you went crazy. This is a political messaging bill that has no chance at becoming law,” said House Minority Leader Kevin McCarthy.
Senate Majority Leader Mitch McConell has made it clear that he wants to pump the brakes on anymore massive spending bills for the time being.
The national debt has ballooned to a size even larger than our economy in terms of gross domestic product. The world’s response to COVID-19 was overblown and we are now learning that it is far less detrimental than originally believed. Now, we need to do everything we can to pick up the pieces of our shattered economy and rebuild it. Before this disaster, the economy was breaking new records left and right.