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” Actual time” host Bill Maher grilled House Speaker Nancy Pelosi, D-Calif., over the federal tax dollars being spent to combat the coronavirus break out, revealing issues that the “home of cards” will eventually fall.
After Pelosi promoted the 4th relief bill passed by Congress, which offers $25 billion for coronavirus screening, Maher indicated the $2.7 trillion that has actually already been invested, telling the speaker he knows “Congress manages the handbag strings” but that he “can’t imagine there’s much left in the bag.”
” I simply do not get it. I do not comprehend how,” Maher said. “I know we can bail out specific sectors as we have carried out in the past, I do not understand how you can keep forever composing checks,” Maher said. ” We were 20 trillion in the hole to begin with, and all world federal governments who are already in debt are doing this. How can the whole world be writing this counterfeit money?”
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” I simply do not get it. … I don’t know how you can keep forever composing checks. We were 20 trillion in the hole to start with.”
— Costs Maher, consulting with Nancy Pelosi
” Because it refers life and death,” Pelosi reacted prior to knocking the GOP for passing the “$ 2 billion tax break for the most affluent individuals in our country.”
She later referred to the monetary relief as an “investment” in science and health, and firmly insisted the U.S. economy will recover afterward.
Maher didn’t precisely purchase that action.
” Well, it will recover unless individuals get wise to the reality that we’re just we’re just writing contact cash that doesn’t exist,” he stated. “I indicate, what is the point of bailing out banks that are just going to loan back the cash that doesn’t exist to us again?
” It seems like it’s a house of cards that could, in the end, end up injuring more people than the disease.”
Pelosi again safeguarded the costs, saying the goal was to “keep people working,” adding she anticipates “a return on this cash.”
That didn’t, however, settle the “Real Time” host’s concerns.
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” The CDC today said [the coronavirus] might happen once again in the fall. Can we afford to do the entire thing once again? Can we afford to invest this kind of money a 2nd time in one year?” Maher asked.
Pelosi reacted by saying Congress might need to “consider other choices,” however once again safeguarded the financing of small-business relief and worried “tasks, jobs, jobs,” stating it was vital to keep individuals employed.
She later told Maher that she shared his concern about the national financial obligation.
Then Maher closed his interview: “National financial obligation is one thing,” he said. “I’m worried about, you understand, the whole thing collapsing which all of us enter into an anxiety, but let’s end on a happy note and hope that does not occur.”