Eli Stokols, veteran Colorado political reporter now with the Los Angeles Times, reports that President Joe Biden has signed the $1.9 trillion American Rescue Plan a day earlier than originally scheduled, the purpose being to get the economic relief in this historic legislation into pockets across America that much sooner:
President Biden signed a sweeping $1.9-trillion coronavirus relief package into law Thursday, authorizing a massive infusion of federal aid aimed primarily at working families.
Biden, who is set to address the country at 5 p.m. (Pacific) in his first Oval Office address, had planned to sign the legislation into law Friday. But the president and his advisors, who emphasized the urgency of delivering $1,400 direct relief checks and extended unemployment benefits throughout the legislative process, announced just after 9 a.m. (Pacific) Thursday that they didn’t want to wait any longer…
Its enactment comes one year to the day since the World Health Organization declared the coronavirus outbreak a pandemic. The outbreak has devastated the economy, costing some 10 million jobs and claimed more than 529,000 lives in the U.S.
Despite having earned no Republican support, the stimulus package is broadly popular with the country, with three of four Americans supporting its passage, according to recent polling.
Spend it wisely–but not too wisely, since it’s about goosing the economy!
Colorado state and local governments, spend that $6 billion wisely.
The rest of you buy something nice.
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I don't know about any of you but my family needs this money. Thanks Mr. President!
Meanwhile in Colorado’s mighty 3rd, a voice cries out from the wilderness …
Alas, the checks will be held up for a few weeks as the President demands to get his name stamped on the checks, and then his appointee to run the USPS completely FUBAR's the whole affair.
Oh wait; wrong President.
I cannot wait until the idiot destroying the USPS is out on the street or in jail. Several checks I mailed out to cover rentals I have did not arrive, for December, January or February. The businesses are not charging me interest yet, because they are experiencing the same thing. The checks have not been cashed so they must be stuck in a warehouse.
I sent out our check for our office rent in Boulder on February 2. It arrived in Denver February 22. DeJoy is a complete asshole and needs to be fired without haste.
My only consequence so far has been a credit card late fee, but that was enough for this kid! It was a normal-sized letter that normally got to its destination in 3-4 business days max, but in this case took more than a week. I could've spent the late fee money on, y'know, FOOD or something…
Whenever possible do not mail checks to anyone for anything.
Not only do you run the risk of those being lost (or stolen — including from your mail box with its hey-lookee-here-everybody red flag), but any finder or recipient now has your bank routing information and account number — you might as well just post that information up on a billboard outside your house for every passer by.
Whenever possible pay by credit card (instead of debit card or, god forbid, an e-debit directly from your bank account), because then you have some decent fraud protections for disputing any fraudulent charges made. (Most businesses now have credit-card e-pay options that don’t incur any “convenience” or “speedpay” fees.)
And, learn a recent lesson from electrical-service-challenged Texans — pay those bills each month by the “one-time payment” option, instead of a recurring monthly auto-debit. It may take a couple of minutes every month, but you’ll know for certain who you’re paying what and when.
Save your USPS usage for Mother’s Day cards (but mail by then end of April to ensure a chance at on-time arrival) and birthday cards and the like — and any other last-resort had-no-other-options mailings.
I'm working toward check-free, but I'm still partially old-school so it'll take a while. I can write in cursive, dial a rotary phone, repair a cassette tape, drive manual transmission, yell at kids to get off my lawn, remember when gas was 25 cents a gallon, etc.
I once met a guy who claimed to remember how to program a VCR . . .