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GOVERNMENT SHUTDOWN! Fourth Stimulus Check Update Today 2021 + $3.5 Trillion Reconciliation Sept 29 - YouTube
Channel: Ron Yates
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danger danger a government shutdown
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could happen this week so let's see
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what's up in today's fourth stimulus
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check update plus daily news update the
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government shutdown happening this week
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if congress does not pass the government
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funding bill republicans shot it down
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because of the debt limit issue pelosi
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setting a thursday vote for the
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infrastructure bill without the 3.5
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trillion stimulus package
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what's up with that find out in today's
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video stimulus 24 7 365. all for our
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youtube fam here is ranya's channel and
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if stimulus and making money is your
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thing then you're in the right place
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just hit the subscribe button and tap
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that notification bell oh and thank you
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guys so much for lighting up the like
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button i cannot thank you guys enough it
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definitely helps the channel out big
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time all right guys let's go and jump
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right into this this is really getting
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crazy guys the republicans just blocked
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the debt limit hike and the government
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spending bill in the senate so now we're
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headed to a government shutdown where we
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could see social security recipients and
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our veterans getting stiffed on their
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monthly payments it could get nasty i'm
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really sad to say that congress only has
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until september 30th to avert the start
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of a shutdown of government services
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which would mean the shuttering of some
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national parks fewer airport security
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screenings an interruption to public
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health services during the pandemic of
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course and eventually an interruption in
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benefit checks to veterans and retirees
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and keeping national parks open the
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senate voted on monday and it came out
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48 to 50 against the government spending
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and debt limit height let's watch this
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on this vote the yeas are 48 the nays
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are 50 three-fifths of the senators duly
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chosen and swore not having voted in the
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affirmative the motion is not agreed to
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i enter a motion to reconsider the
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failed cloture vote
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the motions entered
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now mr president
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i want to make sure
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everyone understands exactly what has
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happened here on the senate floor
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the republican party has now become the
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party of default
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the party that says
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america doesn't pay its debts
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our country is staring down the barrel
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of two totally republican manufactured
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disasters
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a government shutdown
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and a first ever default on the national
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debt
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the impacts of both would gravely harm
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every single american in this country
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schumer changed his votes that he could
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bring the bill up again for
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reconsideration in his words he said i
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changed my vote from yes to no in order
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to reserve the option of additional
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action on the house pass legislation
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keeping the government open and
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preventing a default is vital to our
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country's future and will be taking
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further action to prevent this from
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happening this week more interesting is
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what senate republican leader mitch
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mcconnell has to say let me make it
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abundantly clear one more time we will
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support a clean continuing resolution
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that will prevent a government shutdown
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get disaster relief to louisiana help
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properly vetted afghanistan refugees who
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put themselves on the line for america
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and support the iron dome assistance for
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our ally israel so to summarize what
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mcconnell's saying here help afghanistan
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refugees check iron dome assistance for
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israel check approve a debt ceiling
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height to continue paying american
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social security and veteran benefits
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nope not gonna happen i'd love to hear
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what you guys have to say about that one
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i already know how heated some of you
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guys are you've already gone off on you
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know in previous video comments talking
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about how much money we're spending how
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many billions of dollars we're spending
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outside the country and yet we leave our
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own american citizens hung out to dry i
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get it 64 house democrats including
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majority leader steny hoyer sent a
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letter to mcconnell on monday arguing
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that republicans are risking the
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country's economic recovery after a
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massive hit last year when businesses
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closed during the virus restrictions
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they wrote holding the debt limit
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hostage is a dangerous illogical and
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irresponsible way to express that
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concern now just to be clear mcconnell
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is arguing there's no chance republicans
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will help lift democrats credit limit so
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that they can immediately steamroll
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through a socialist binge that will hurt
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families okay so one that's really not
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how the debt ceiling hike works and
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mcconnell should actually know this like
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we've reported before the federal debt
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limit is a legal cap on how much debt
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the us can take on to pay obligations
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already approved by the president and
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congress for several years raising the
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ceiling doesn't really erase the debt
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that we already have it also doesn't
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create any new debt like what many
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people want you to believe basically
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what it does is it gives the federal
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government more room to be able to pay
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off his bills again these are bills that
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were already approved by the president
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and congress and not to mention a big
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chunk of what the debt ceiling hike is
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there for debts that were incurred
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during the previous administration
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meaning during the republican president
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trump's time and two mcconnell's also
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saying that people don't want socialism
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meaning people supposedly don't want the
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government helping out more well here's
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an interesting post that i found on
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twitter americans don't want socialism
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says mitch mcconnell the senator from
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kentucky a state with 541 000 people on
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food stamps and 174 000 people on ssi
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disability and 1.2 million on medicaid
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every year kentucky gets 148 billion
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dollars more from the federal government
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than it pays in taxes and here this may
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actually help people understand what's
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happening behind the scenes in the 2020
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election cycle alone mitch mcconnell
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raised more than 250 000 from 37
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different fortune 500 ceos more than any
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other candidate in a competitive rate so
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we're talking about big businesses who
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are against the tax hikes that would
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benefit the people but would take away
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their company's profits what about
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mcconnell's actual residence in kentucky
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well according to this in the 2020 cycle
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less than eight percent of donations to
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his campaign came from his own home
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state so what do you think guys any
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people from kentucky in our audience
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drop me a comment below so here's the
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timeline lawmakers have until thursday
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to approve funding for the government or
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a shutdown happens now as for the debt
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ceiling latest estimates say that we
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have until mid-october before we see
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some serious damage like the government
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may not be able to send social security
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checks or provide benefits to veterans
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i'll definitely keep you guys posted we
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will make sure that you guys are updated
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throughout the week just hit the
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subscribe button and tap the
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notification bell that way you don't
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miss out goldman sachs economist wrote
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in a note last week that the current
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standoff is the riskiest debt limit
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deadline in a decade one headline that
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we found said white house beginning to
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tell government agencies to prepare for
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a shutdown and if they don't get this
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done we could say goodbye to social
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security benefits and veterans benefits
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get ready for this one guys and this is
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exactly why i recommend checking out our
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channel newsletter on the top 20
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pandemic proof ways to earn extra income
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today you can consider this your ron
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yates certified survival guide amidst an
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impending government shutdown not to
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mention a global pandemic still rampant
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until next year stay safe guys
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definitely check out the newsletter in
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the ping comment down below it's totally
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free so go ahead and grab your copy
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today now as for the 3.5 trillion dollar
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spending package here's the latest from
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progressive caucus chair representative
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promo jaipal democrats controlled the
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white house the senate the house slim
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majority as you know
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president biden said to reporters on
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friday that he told progressives and
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moderates who met with him this week
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that they need to focus less on the
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number and more on their priorities
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speaker pelosi said today that it is
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self-evident this bill will not be three
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and a half trillion dollars have you
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agreed to compromise and give up some of
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your requests yeah you know what we've
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said is we are happy to hear what it is
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that somebody wants to cut they so far
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we have not seen any negotiation back
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from the senate and we understand
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margaret that we've got to get every
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democrat on board in the house and the
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senate we don't have the margins to do
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anything except that so we've put out
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our vision and i think the key thing is
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not the top line number it's what is it
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that you actually want to fund
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because if you want child care if you
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want paid leave if you want to take on
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climate change if you want to repair
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housing in this country if you want to
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make sure people have health care
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there's going to be a price tag that
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goes with it so it will be less than
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three and a half trillion as the speaker
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suggested well let's talk about what
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people want and then let's come to the
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number from that it's not just a random
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number so if somebody wants less than
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three and a half trillion tell us what
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you want to cut do you want to cut the
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child care do you want to cut paid leave
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what is it you want to cut and then
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let's figure it out from there but
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president biden also said something very
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important the other day which is this is
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a zero dollar bill because it's going to
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be completely paid for with taxes on the
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wealthiest and the the largest joint
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committee on taxation says actually that
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uh in raising this revenue taxes could
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go up at least two percent on those
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making between two hundred thousand and
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five hundred thousand dollars a year it
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also will raise taxes for corporations
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and and those who are wealthier so it's
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not no cost well uh what the president
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has said is people making under 400 000
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will not pay more we will make sure of
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that in the package that we put together
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but we do want people who are making
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billions through the profits not
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reporting their taxes not being held
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accountable by the irs to pay their fair
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share that's really all it is really
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democrats can only afford three
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defections in the house and zero in the
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senate house speaker nancy pelosi knows
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this and she set a thursday vote for the
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smaller one trillion dollar stimulus
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package or technically infrastructure
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package for that one now her letter to
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her colleagues said tomorrow september
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27th will begin debate on the bipartisan
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infrastructure framework on the floor of
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the house and vote on it on thursday
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september 30th the day on which the
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surface transportation authorization
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expires now as for the bigger 3.5
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trillion dollar stimulus package pelosi
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has not set a date yet and said it was
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self-evident that it might shrink in
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size she also told her caucus i told all
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of you we wouldn't vote until the 3.5
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trillion dollar reconciliation happens
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until 10 days ago when the price had to
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come down now just to clarify though
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it's still looking good that we'll
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probably see all the stimulus programs
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still in that final package it's just a
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matter of whether some social programs
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might get shortened she pointed to
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spending on climate care health care
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child care early childhood education any
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of these areas are up for potential
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discussion like jayapal said just tell
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us which programs you're thinking of
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cutting let's make sure that we remember
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this come election time guys senator joe
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manchin is being very vocal about his
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doubts about this bill that's a heavy
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lift you know there's a lot to do a lot
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to talk about but everybody has to keep
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trying to work in good faith the best
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you can do you think the leadership has
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been rushing this process at all and
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should take some they i'm not
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controlling the leadership they're going
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to set the timetable you know
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there's a lot in that bill the 3.5 the
[638]
reconciliation bill tax codes climate
[640]
change social reforms there's a lot and
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and people need to know what's in it so
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it's gonna take a while
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house democratic caucus chair hakeem
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jeffrey said what's holding everything
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up are a few senators who aren't
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providing us any clarity as to where
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they ultimately will land that's the
[656]
issue in front of us right now and we
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have to resolve it in the next few days
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even president biden is saying it may
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not be by the end of the week i hope
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it's by the end of the week personally
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though i'm still very positive about the
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whole thing guys white house press
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secretary jensaki makes some very good
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points here president has in political
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or in terms of specific pieces of the
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legislation what leverage does the
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president have with democrats
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in terms of getting his the agenda
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forward
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well i would say one it's a hugely
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popular package
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each item in in itself that's why i went
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through some of the specifics here has
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broad support among the american public
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but i would also say that if you talk to
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most democrats who are in congress most
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certainly most democrats in the country
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there's not disagreement about the
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fundamentals of what we're trying to
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achieve and there is agreement that we
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need to
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address the climate crisis that we need
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to cut costs for child care for college
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that we need to make it easier for women
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to rejoin the workforce we need to
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rebuild and modernize our infrastructure
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so there's not
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there's agreement on that there's a
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basic uh discussion that needs to happen
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or is ongoing
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we're right in the weeds of it now on
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what the size of the package looks like
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but i will also note uh and we've done
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this a little bit over the past couple
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days but that this package the
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reconciliation package would cost zero
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dollars so what i'm saying what i what
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we are the case we're making here is
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that there needs to be agreement on the
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different components there's broad
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agreement on the goals and then there
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needs to be agreement on what the
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revenue pay fors are there's a range of
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options or revenue pay for us clearly
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the president has laid out the different
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areas that he would like to invest in
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and all that needs to come together
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that's when we're in the weeds on now is
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it a political problem for the president
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that he's having difficulty bringing
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together his own party
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first of all the we're in the process
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now
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the president again doesn't
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underestimate how challenging getting
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all of these pieces of legislation
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forward is we're in the middle of it
[776]
right now uh and there is broad
[778]
agreement about the different components
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of his agenda so what he's working to do
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now is unify the party around the path
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forward that's that's we're in the
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middle of i don't think it's a little
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too early to evaluate how it's going to
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end he said it could go into next week
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that's your expectation we'll see
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now that's a lot on the line i'm betting
[796]
democrats and republicans wouldn't want
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f's on their report cards come midterm
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election time next year wouldn't it be
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quite interesting if our lawmakers use
[803]
stimulus checks to kind of move
[806]
themselves back into office come midterm
[809]
election time i wouldn't say it's
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impossible let's remember to vote wisely
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next year guys and remember what these
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lawmakers are doing for us and what
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they're not doing for us make sure to
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share this video with your friends and
[818]
your loved ones so that they can get the
[820]
same information too at the very least
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we can look forward to some major
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quality of life improvements in the
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infrastructure bill got transportation
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projects reconnected communities via
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roads electric vehicles climate change
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solutions clean drinking water cleaning
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up the environment there's also a 65
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billion dollar investment toward
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providing broadband internet to all
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americans further aiming to boost
[841]
competition among providers and reduce
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the cost of high-speed internet to make
[846]
it more affordable translation an even
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bigger discount on the broadband than
[849]
what we already got from the american
[851]
rescue plan which came in march have you
[853]
guys heard about that one if not just go
[855]
ahead and head on over to get emergency
[857]
broadband.org you can get a 50 to 75
[860]
monthly discount on your broadband bill
[862]
plus a one-time 100 discount on any
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gadget that's still a 600 stimulus check
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for the year if you guys think about it
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now let's hope it gets extended with
[870]
this new broadband investment in the
[872]
infrastructure bill officially it aims
[874]
to help lower the price that households
[876]
pay for internet service by requiring
[878]
federal funding recipients to offer a
[880]
low-cost affordable plan by creating
[883]
price transparency and by boosting
[885]
competition in the areas where existing
[888]
providers aren't providing adequate
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service it would also create a permanent
[892]
federal program to help more low-income
[894]
households access the internet we will
[896]
definitely keep you guys posted
[897]
throughout this very very exciting
[899]
stimulus week are we going to see this
[900]
stimulus win out in the end are we going
[902]
to be surprised like in december when
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they came up with the last minute 600
[906]
second stimulus check and then followed
[908]
up with 1400 in stimulus checks i
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definitely recommend staying tuned for
[912]
the future updates and future videos i'm
[914]
telling you guys my stimulus sentence is
[916]
tangling here so make sure you don't
[917]
miss out on the next breaking news
[919]
update that's about it for today's
[920]
fourth stimulus track update plus daily
[922]
news update the government shutdown
[924]
happening this week if congress does not
[926]
pass the government funding bill
[928]
republicans shutting it down because of
[930]
the debt limit issue pelosi setting a
[932]
thursday vote for the infrastructure
[934]
bill without the 3.5 trillion stimulus
[936]
package and all the stimulus that we can
[938]
look forward to this week like i said
[940]
stimulus 24 7 365 right here on the ryan
[944]
h channel you can check out the channel
[945]
playlist section for more stimulus
[947]
favorites like social security
[949]
student loan forgiveness and of course
[951]
the fourth stimulus check and again i
[953]
appreciate you guys for tuning in and
[954]
making my day by hitting the like button
[956]
i really appreciate that and i will see
[958]
you guys on the next one take care and
[960]
be safe
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