woodguru

I have mixed feelings on this, but they are mixed because there are businesses worth saving and propping up for reasons such as employment and technological edges, and businesses are failing because the technology or demand is dead and dying. Then there is bailout funding that gets made available to industries that are wildly profitable, they don't need funds to survive, but they get money, subsidies, and breaks anyway. The oil industry has been getting money they could do without for decades. The fact is that subsidies to not provide any kind of return in employment or anything, although that's the argument always used whenever there is talk of shutting down the corporate welfare.

So we see a crisis like C****av***s and is becomes the excuse for a corrupt administration to shift billions of dollars to billionaires that don't need or deserve it. More importantly there isn't even a reason why certain businesses should be helped when they were not doing well anyway.

I don't see where anyone, including those who support Trump could see or justify kicking billions to hotels and resorts.

Weewillynobeerspilly Loc: North central Texas

How do you expect a decent answer when you always have to toss in crap like calling this a corrupt administration, or some other dig that's not justified by any facts other than your extreme bias? Just because you dont like the winning team thats in power by no means makes them corrupt......wheres the crime? Where is the corruption? Your rabid lefty loons in power would be on that like like a face tattoo on an arts major from Berkley

PeterS

This is a form of aid that has to be administered quickly to be effective so we don't have the time to sort through viable businesses vs non-viable. When viewed through the lens of 20 trillion economies 8.3 billion isn't enough to worry about. What it comes down to is the symbolism that Washington is trying to do something. If a corrupt hotel owner takes advantage of this--well, that's just something we markdown to be duly noted come e******n time.

woodguru

That is corruption when trump jumps to bailing out billionaires who are going to lose their butts on a pipeline that is already in financial trouble. The country does not need it, so why should taxpayers bail these guys out when they made a losing investment?

Another corruption would be jumping to help "the hospitality industry", which is a way to try to hide the fact that he is talking about hotels and resorts, his hotels and resorts...he would be at the top of the list with the fattest loans and subsidies of all....that is corruption. Selecting certain entities in an industry to offer money to, that is corruption.

Kushner pressuring Qatar into making hundreds of millions in loans to his over leveraged horrible investment of a building was corruption, and worse when political pressure was used to force them to do that when they had already turned him down twice.

Charging the secret service as much as $600 a night for rooms, that is corruption, charging the secret service $6000 for golf cart rental is corruption, rather than letting them just buy some golf carts for a one time purchase and let them use their own carts. The secret service and press was using trump's jet at a staggering rental fee, rather than use government owned jets. Wh**ever the secret service has done in the past with presidents it has been profoundly cheaper than the way trump excessively hoses the government...that is corruption.

woodguru

You are missing something here, do you know how many hotels and resorts there are? Do you think every one will be compensated for what they perceive their losses to be? No, of course not, Trump and his administration will meet with select billionaires and they will make massive no interest loans, of course Trump hotels and resorts being at the top of the list. Right off the bat they name the billionaires building the Keystone pipeline, which is already a loser as it was dying financially, a casualty of lower oil prices and shale oil viability. And what does this have to do with the C****av***s or helping the economy? Nothing

lindajoy Loc: right here with you....

Trump asked for 2.5 billon and Congress upped it to 8.3 billion.. Not Trump and he does not pay anyone.. The money is distributed by Congress so why not send your question to them??

Do you even know the categories and how much is allocated to what???

The c****av***s funding bill signed into law by the president Friday puts much more money toward treating and preventing the spread of C****-** than his administration requested from Congress last week.

The Trump administration's initial request — in the form of a two-page letter to Congress on Feb. 24 — was for $1.25 billion in new funds, with additional money moved from other parts of the federal budget to get to a total of $2.5 billion. The amount authorized Friday is more than three times that.

"It's a significant amount of money," says Jen Kates of the Kaiser Family Foundation. In comparison, Congress put $5.4 billion toward the Ebola response in 2014 and nearly $7 billion for H1N1 in 2009 — though, of course, each epidemic is different and requires a different response.

"It appears to me to be an appropriate number to definitely begin the fight — and likely handle the fight, assuming nothing goes sideways," says Chris Meekins, a health care policy analyst at Raymond James who, until January 2019, worked on preparedness and response at the Department of Health and Human Services.

So what do taxpayers get for that $8.3 billion? Here are some highlights:

$3.1 billion for the health secretary's dispersal

The biggest pot of money goes to the Office of the Secretary of HHS, and that funding is available until 2024.

"I thought the flexibility they gave within the Office of the Secretary's public health emergency account was good," Meekins says. "It allows us to not just put money toward therapeutic development — also v*****e development — but also purchase additional supplies that are needed, like masks and personal protective equipment, which for years had been underfunded by Congress and administrations."

Of that money, $100 million is directed to community health centers for underserved groups. "I think that a focus on underserved populations is going to continue to be very important as we see more cases in more states," says Beth Cameron who works on global biological policy for the Nuclear Threat Initiative. During the Obama administration, she served as senior director for global health, security and biodefense on the White House's National Security Council, a position that was eliminated by the Trump administration in 2018.

Keep reading it’ll help you when posting!!

https://www.npr.org/sections/health-shots/2020/03/06/812964894/where-that-8-3-billion-in-u-s-c****av***s-funding-will-and-wont-go