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2021 Infrastructure Bill - Fourth Stimulus Check Update, $1400 Social Security Increase - DAILY NEWS - YouTube
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Whatsup youtube its joel, with your stimulus
check and news update as of November 3rd,
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we have some really great news for you today!
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Nancy Pelosi is pressing for the vote, this
week.
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But joe manchin is now calling for more time,
to review the 1.75 trillion dollar spending
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package, and he does have a good point which
we will get into in just a moment.
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Bernie sanders is going against manchin and
is also demanding lower drug prices for seniors.
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And im glad to say we have a deal on lowering
prescription drug prices which we will get
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to in just a moment.
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Now I know there was a lot of talk about the
progressive democrats not voting on certain
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bills, but we do have good news that they
will back both economic bills.
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And if you donât have a laptop, well theres
475 million dollars in the new reconcilation
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bill that would give free laptops, tablets,
or desktops to americans and yes you heard
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me right, free, we got more details on that.
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And we do have updated info on the petition
to give seniors another $1400 check which
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it now has over 1 million signatures.
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And if you could do me a huge favor and smash
that like button for me and the youtube algorithm,
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it really helps the channel so much and it
cost you absolutely nothing for real.
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And please if anyone ask you for personal
info or to contact them on whatsapp or text
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, its not me its fake please donât do it.
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We are on the homestretch to getting not only
the infrastructure bill but the 1.75 trillion
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dollar reconciliation package passed this
week.
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Negotiations have happened and things are
closer than ever, and we got really good news
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and some really interesting news.
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Nancy pelosi says that âWeâre on course
to pass our bill,â she has been working
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to keep the huge trillion dollar bills separate,
but progressives want it one way and the moderate
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democrats want it another way.
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Its very interesting to see basically two
internal parties within one party.
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The moderate democrats vs the progressive
democrats.
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Now something big has happened, and that is
chuck schumer announcing that the democrats
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have come to a deal on getting prescription
drug prices lowered for our seniors.
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Chuck schumer the leader of the senate said,
Democratic lawmakers have reached a deal on
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legislation to lower prescription drug prices
to be included in President Biden's social
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spending package,
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The agreement would allow Medicare to negotiate
drug prices in limited instances, preventing
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drug companies from raising prices faster
than inflation and cap, out-of-pocket costs
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for seniors on Medicare at $2,000 per year.
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This is huge, one of the largest expenses
of seniors is healthcare cost, and its really
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hard to keep up with rising cost when your
on a fixed income.
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Now to bring it all into context, there have
been 2 democrats that have been holding back
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the passing of this huge 1.75 trillion dollar
spending bill.
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Joe manchin and kysten sinema.
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Now there are a couple of things that they
each wanted in the bill in order for it to
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get their vote.
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For kyrsten sinema its been lowering prescription
drug prices.
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She literally said if this wasnât included
she would not vote for the bill, but now it
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has been so she is game and ready to move
forward.
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Sinemas office said,
"The Senator welcomes a new agreement on a
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historic, transformative Medicare drug negotiation
plan that will reduce out-of-pocket costs
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for seniors - ensuring drug prices cannot
rise faster than inflation - save taxpayer
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dollars, and protect innovation to ensure
Arizonans and Americans continue to have access
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to life-saving medications, and new cures
and therapeutics,"
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This was also a piece that bernie sanders
really fought hard on for the american people
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and it was something that he said if it wasnât
included he would not vote on the bill.
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I want to know what you think about this provision
within the bill, because to me itâs a no
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brainer, pharmaceutical companies are making
a killing, and if we can help out our seniors
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with making something cheaper that is essential
to their everyday lives, than why not.
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Let them get cheaper prescription drug prices
and keep more money in their pockets.
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But I want to know what you think down in
the comment section,
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And since this amazing thing has happened,
you should get you 2 free stocks with webull
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or robinhood worth hundreds and hundreds of
dollars.
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if you use my links in the description of
this video worth hundreds of dollars.
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Its free and let me know which free stocks
you get in the comment section,
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Now before I go into joe manchins part the
white house did say they are confident if
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they bring the huge megabill to the floor
they believe that manchin will vote yes on
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it.
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But it most recent news
Manchin said,
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âI will not support a bill that is this
consequential without thoroughly understanding
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the impact it will have on our national debt,
our economy and the American people,â âEvery
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elected representative needs to know what
they are voting for and the impact it has,
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not only on their constituents, but the entire
country.â
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So good thoughts and right intentions.
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This is our tax payer dollars and we need
to know whats going on with it and whats all
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in it because were talking trillions of dollars
being spent.
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Now for a while it was the progressives that
were kind of holding back on getting both
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bills passed but now they have expressed support
for passing both bills this week.
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Rep. Pramila Jayapal, the leader of the Congressional
Progressive Caucus said,
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âWe intend to pass both bills in the next
couple of days,â
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So as of this moment there is literally one
person keeping the bill from being passed
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already, now donât think of this as a bad
thing, manchin is just trying to do his due
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diligence on this huge spending bill, which
is his job as well as the job of others, it
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pains me to say though that in the past our
congressional lawmakers are on record saying,
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well lets pass this bill so we can see whats
in it.
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And thatâs not right in any sense because
it effects us all.
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Its our hard earned money that we pay taxes
on that they are using and they need to be
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using it wisely.
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So with that let me know your thoughts about
this in the comment section.
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So last week the white house released the
latest text for the build back better plan,
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and within it is the connected device grant
program.
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So this program would provide free or discounted
desktops, laptops or tablets to low income
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households.
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Theres 475 million dollars that the commerce
department will be receiving to award community
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groups that want to distribute thes devices
locally.
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This is in part tied to the 65 billion dolars
down payment on broadband internet that is
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coming from the megabill.
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They are saying that it makes no sense to
give people high speed internet if they donât
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have anything to get on the internet with.
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So thatâs where this program is coming into
place.
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As the bill passes more details will be given
out and ill direct you to where you need to
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go to see if you qaulify for one of these
devices.
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Now onto a potential fourth stimulus check
in the amount of $1400 for our seniors only.
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The senior citizerns league is still at it
and talking with congressman and women to
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add a one time $1400 check to be sent out
to our seniors in the trillion dollar bill.
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Right now the petition that they are garnering
has over 1 million signatures.
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If you would like to add to this I have the
link down in the description of this video.
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But they are pushing hard for this because
in the last disbursments of stimulus checks
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seniors were among the last to receive their
checks, and they are on a fixed income and
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with inflation its been really hard on them
these past 20 months dealing with the pandemic
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and being on a fixed income.
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Now the more support they have the more likely
it is to pass.
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I have signed it for our seniors and I hope
they can add this to the bill.
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It would help them out a lot.
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Let me know what you think about this petition
and if you have signed it yet in the comment
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section.
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***but please Donât forget to subscribe
, like this video and and hit that notification
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bell, to stay up to date on stimulus and economic
news that affects you.and learn how to build
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some wealth.
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This is joel with true life investing until
next time peace out.
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