Democrats and the White House Were Nearing an Agreement on Renter, Homeowner Assistance. Then Trump Tweeted.

House Democrats had approved $71 billion in assistance to homeowners and renters. The White House said it would agree to $60 billion. Now they'll get $0.


President Donald Trump's abrupt decision to cut off negotiations on a compromise stimulus bill until after the election has likely killed any chance that the White House and congressional Democrats will reach an agreement on federal assistance to renters and homeowners.

"Nancy Pelosi is asking for $2.4 Trillion Dollars to bailout poorly run, high crime, Democrat States, money that is in no way related to COVID-19," tweeted Trump on Tuesday afternoon. "I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business."

The announcement comes just as a compromise between the White House and House Democrats on rent relief appeared to be in the cards.

On Thursday, House Democrats passed a $2.2 trillion HEROES Act, which includes $50 billion for emergency rental assistance, and $21 billion in funding for states and territories to spend assisting homeowners.

Of that $50 billion in rental assistance, at least 40 percent would have to go to tenants making 30 percent or less of their area's median income, and 70 percent of it would have to be spent on those making less than half their area's median income. Tenants making up to 120 percent of area median income would be eligible for assistance.

These income restrictions are identical to those found in the enlarged $3.5 trillion HEROES Act back in May, which earmarked $175 billion to renter and homeowner assistance. The $71 billion in renter and homeowner assistance proposed by Democrats now is still too rich for many congressional Republicans but is much closer to the $60 billion that Treasury Secretary Steve Mnuchin said the White House could accept.

Senate Republicans did not include any funds for rent or mortgage relief in their latest, failed "skinny" stimulus. Sen. Pat Toomey (R–Penn.) told Reason last month that he opposed additional federal assistance to renters, saying "I think we have to ask ourselves how much expansion of the welfare state, how many different layers, how many different programs are we going to do. When is it enough?"

"It's extraordinarily reckless and irresponsible for Trump to blow up negotiations now, when so many renters and small landlords are struggling," said Diane Yentel, president and CEO of the National Low Income Housing Coalition (NLIHC), in a statement to Reason. "The longer the federal government waits to act, the steeper the financial cliff that renters will be pushed off when the eviction moratorium expires this winter."

Yentel is referencing the eviction moratorium issued in early September by the Centers for Disease Control and Prevention (CDC). It bars evictions for non-payment nationwide until the end of the year.

Both versions of Democrats' HEROES Act have also included a nationwide eviction moratorium and automatic mortgage forbearance.

The CDC's moratorium, currently the subject of a lawsuit seeking to overturn it, does not forgive tenants' obligation to pay rent. It only prevents landlords from moving to evict them while it's in effect. For that reason, the NLIHC, among other housing advocacy groups, has pushed for federal rental assistance so that tenants won't be evicted for unpayable back rent come January.

Still, Trump's decision to blow up negotiations probably hits landlords the hardest, at least in the short-term. Their industry associations have also been staunch advocates of rental assistance, while generally being critical of eviction moratoriums as an overly blunt policy instrument.

"While the National Apartment Association (NAA) is pleased that the House's revised HEROES Act contains some helpful provisions, including funding for emergency rental assistance, the bill's extension of the federal eviction moratorium for an additional year would devastate the rental housing industry," said NAA CEO Bob Pinnegar last Thursday.

"Passing relief measures, like direct rental assistance, should not be a political game; emergency rental assistance is the only policy that will keep renters safely housed and ensure rental housing providers can pay their bills," said Pinnegar in a statement to Reason in response to Trump's decision to shut down negotiations Tuesday.

With those negotiations now stalled, landlords are stuck coping with the CDC's eviction moratorium without the prospects of rental assistance in the near term.

According to the National Multifamily Housing Council's (NMHC) rent payment tracker, which surveys professionally managed apartment buildings, 92 percent of tenants had paid at least some of their September rent by the week ending on September 27. By the end of August, 94.5 percent of tenants had paid at least partial rent.

Owners of lower-end rental units, which are often not professionally managed and therefore not captured by the NMHC's survey, report lower payment rates during the pandemic.

Eviction filings are below historic averages in 15 of 17 cities tracked by Princeton University's Eviction Lab. Places like Boston and Austin—both of which have local eviction moratoriums in addition to the CDC's policy—have seen evictions drop close to zero. The two exceptions are Columbus, Ohio, and Richmond, Virginia, where evictions are above historic averages by 48 and 300 percent respectively.

With eviction rates below historic averages in most cities and rental payment rates staying pretty steady throughout the pandemic, a massive new federal program to bail out tenants and rental property owners seems excessive.

That's particularly true when most of the stimulus proposals on offer include expanded unemployment benefits and another round of $1,200 stimulus payments. Renters report using those types of benefits, which were included in the March coronavirus relief bill, to cover their housing costs earlier in the pandemic.

Whether the mercurial Trump will stick to his decision to walk away from stimulus talks remains to be seen. After tweeting that he was done negotiating, the president again took to Twitter to urge the passage of a bailout for the airlines and another round of stimulus checks.

It's possible renters and homeowners will also benefit from Trump's backtracking. If they don't, they'll have to wait until 2021 for more help from the feds.

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  1. It’s a good thing.

    1. It is, just as it was a logical thing (at least politically) the last time.

      Then again, as a libertarian I wouldn’t have locked down the economy in the first place, so we wouldn’t be in any need of govt assistance in the first place. But then again, we are way past that point now…

      1. I quit working at shoprite and now I make $65-85 per/h. How? I’m working online! My work didn’t exactly make me happy so I decided to take a chance on something new… after 4 years it was so hard to quit my day job but now I couldn’t be happier.

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      2. Trump didn’t lock down the economy. The wise and science driven Democratic party largely did. And some Conservative governors as well.

      3. “Then again, as a libertarian I wouldn’t have locked down the economy in the first place, so we wouldn’t be in any need of govt assistance in the first place.” This.

        Also I can’t figure out Reason’s take. The case against Trump is spending is too high without any mention of what he spent money on. Now another Reason author is castigating him for not agreeing to spend money. Big tent and all that, but I wish the coverage was more insightful.

        1. “Orange Man Bad” isn’t insightful enough for you?

          1. Orange Man bad?!? He BAD, all right! He SOOO BAD, He be GOOD! He be GREAT! He Make America Great Again!

            We KNOW He can Make America Great Again, because, as a bad-ass businessman, He Made Himself and His Family Great Again! He Pussy Grabber in Chief!

            See The Atlantic article by using the below search-string in quotes:
            “The Many Scandals of Donald Trump: A Cheat Sheet” or this one…


            He pussy-grab His creditors in 7 bankruptcies, His illegal sub-human workers ripped off of pay on His building projects, and His “students” in His fake Get-Rich-like-Me realty schools, and so on. So, He has a GREAT record of ripping others off! So SURELY He can rip off other nations, other ethnic groups, etc., in trade wars and border wars, for the benefit of ALL of us!!!

            All Hail to THE Pussy Grabber in Chief!!!

            Most of all, HAIL the Chief, for having revoked karma! What comes around, will no longer go around!!! The Donald has figured out that all of the un-Americans are SOOO stupid, that we can pussy-grab them all day, every day, and they will NEVER think of pussy-grabbing us right back!

            Orange Man Bad-Ass Pussy-Grabber all right!

            We CAN grab all the pussy, all the time, and NONE will be smart enough to EVER grab our pussies right back!

            These voters simply cannot or will not recognize the central illusion of politics… You can pussy-grab all of the people some of the time, and you can pussy-grab some of the people all of the time, but you cannot pussy-grab all of the people all of the time! Sooner or later, karma catches up, and the others will pussy-grab you right back!

    2. “It’s possible renters and homeowners will also benefit from Trump’s backtracking. If they don’t, they’ll have to wait until 2021 for more help from the feds.”

      Wow, great analysis there, Christian. Could you spare a moment to talk about the additional $2,430 Billion was expected to be spent? Is the drop in the bucket housing bailout really the most important part of that bill? Do you think maybe, Dem insistence that we spend $30 unrelated for every $1 of housing assistance, had something to do with it?

      Ugh this is pathetic.

      1. You don’t understand. The Republicans are pushing [landlords] off the cliff!

      2. You have to wonder what the fuck Britishguy is even doing here.

        1. The same thing as the rest of their staff

          1. Where are they finding these people. More to the point, why are they even looking for them?

            The founders of the magazine must be rolling in their graves.

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    4. Maybe Reason could do an article comparing government stimulus response during past recessions

      1. This isn’t even a stimulus package. This was a bailout for Dem controlled states, with a pittance for the rest of the country as camouflage.

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  2. No Christian, like usual, you got this backwards. What is completely irresponsible and reckless is passing a 2.4T bill that doesn’t directly address pandemic relief.

    1. Trump NOT acting like Democrats directly hurts unreason propaganda that Republicans and Democrats are the same.


      1. Yeah, it’s funny. Or sad. Or pathetic. I’m not sure which one it is actually. But Trump showing a big fuck you to the scheming leftist democrats is always a good thing. He might be flawed, he may not be libertarian, but at least he knows how to fight back.

      2. They ARE the same. Trump’s patent pending schtick is not being a typical politician. It’s what got him elected, it’s why all other politicians don’t know how to react to him, and why the GOP is going to be one massive ball of confusion and hurt after his Presidency is over. The Dems and the Green New Deal will probably collapse at the same time without having such a potent bogeyman to hide behind.

        1. The Dems and the Green New Deal will probably collapse at the same time without having such a potent bogeyman to hide behind.

          I’m giving you all the internet rainbow stickies for Optimism on that prediction.

          There’s a big reason that AOC is considered the future of the Democratic party, and that’s because she embodies the left-wing Millennial desire for a Fully Automated Gay Space Communist utopia that allows the white-collar baizuo caste to be consoooooooooomers, while the lumpenproles do all the work of trying to keep the country’s infrastructure from falling down around their ears.

          1. Thanks, but I am serious. TDS is real and has affected all politicians of all stripes, and normally-sane pundits like Britschgi here. The Green New Deal is literally impossible. There aren’t enough resources (labor, industry, resources) to accomplish any of it, let alone all of it. The only reason the Democrats get away with yapping about it is because they are desperate to find some way to counter Trump’s publicity.

            Trump won because he is not a politician, neither Democrat nor Republican. Politicians are so wrapped up in themselves that they can’t get their head wrapped around Trump. When his Presidency is over, they will all collapse like two angry guys relying on some (literal) middle man to keep them apart, bluffing each other and the crowd, screaming and yelling for blood … and then the middle man ducks out and lets the two have at each other and they are shocked, SHOCKED, at suddenly having to back up their faux-outrage of just seconds ago.

            1. The next person after Trump will be literally worse than Trump, no matter who it is. Added bonus, if Trump loses this time, maybe he runs again in 2024

              1. It would be funny, but he’d be even older than Biden now. Maybe a son or wife or daughter will run, but they also won’t be Trump. He is unique.

                1. Doubtful Maples runs and the other two are foreigners. The Kush 2024!

                  1. No lie, Marla Maples was Trump’s hottest wife.

                    1. I met her right after TIffany was born (met him too) – she was very nice; dealt with her for a week when she was in Dallas in ’93-’94.

                    2. I quit working at shoprite and now I make $65-85 per/h. How? I’m working online! My work didn’t exactly make me happy so I decided to take a chance on something new…YRg after 4 years it was so hard to quit my day job but now I couldn’t be happier.

                      Here’s what I do…>> Click here

                  2. Kushner is a piece of shit – born with a silver dildo in his ass and is Bibi’s bitch. No competence in anything…which might be the one thing he shares with his father-in-law.

                    To think Ivanka is wasted on that pencil neck mangina-sporting candy ass. She must be crazy horny being married to him because no way he satisfies her.

                    1. Ivanka 2024!

              2. This is what I keep telling people.

                Harris is the “What’s worse” after a blowhard like Trump. She’s “competent” (politically), willing to do anything for power, and will have the backing of a complacent media. No thanks.

                1. Obama 2.0.

                  1. No. Worse.

                  2. Cthulhu 2.0

            2. I hear you, but that doesn’t mean these chowderheads won’t be stupid enough to try it.

              I’ve said for the past ten years, at least, in response to the claim that “these idiots are just a small, loud minority on college campuses, and they’ll get straightened out when they hit the real world,” that, yeah, they are for now, but in about 10-20 years they’re going to be established in government and business offices, and they’ll be the ones driving these outlandish fantasies.

              We’re about to enter a period of about 30-40 years where the country will be run by people who think the government should operate like the platform of a middle school student council race. It’s going to get particularly bad at the local level, because they cannot handle even the slightest bit of adversity or disagreement without viewing it as outright attack on the mental and emotional well-being.

              Ultimately, to even have a prayer of fixing this, the entire structure of academia would have be burned to ashes and everyone involved with it exiled out of the country, just for starters. Everything that’s become dysfunctional about this country can be traced to the last 40-50 years of New Left educational doctrine finally coming home to roost, as subsequent generations of academics became increasingly radicalized and spread their poisonous ideology throughout every pillar of society.

              This is typically why right-wing governments end up as Pinochet or Franco-type institutions, because the lesson they learned from fighting the communists and socialists was that tolerating left-wing ideology for even a hair’s breadth was risking it insinuating itself and becoming increasingly subversive as it used the principles of liberal democracy as tools of destruction rather than creation.

    2. It is a strange stance from Britschgi, counter his typical arguments in my opinion. I would suggest easing or just ending the lockdowns, since we are told that masks are the solution. Let people work, masked, and/or on a 24 hour shift to allow for social distancing. It’s not complicated.

      1. Beyond a possible 24 hour day with 3 shifts, open up Saturday and Sunday as workdays. Still, not complicated. This problem is if not self-inflicted, inflicted by state and local politicians, who very likely won’t be voted out of office. People are not bright.

        1. Or just show up to work like normal. My company has been in full swing since the start and besides a few high risk people we setup to work from home, everyone shows up just the same as always with just a couple extra hand sanitizers on everyone’s desks and outside techs staying out of the building/coming to the shop which we have actually been working to implement before the virus.

        2. You are very nice…most are downright fucking dambasses.

          As George Carlin said, “Just think how stupid the average person is…now consider that half are dumber than that!”

      2. making people dependent on the government by destroying their livelyhood is what governments do best

      3. I can understand on the one hand how part of this problem is caused by the CDC ruling preventing evictions (which is clearly Trump pandering). But at the same time, the CDC isn’t the only entity doing this. There were some provisions in the first stimulus, and multiple states are doing the same thing.

        So laying this all at Trump’s feet is just plain weird.

        1. Everything is Trump’s fault. Keep the narrative simple for the Sheeple

    3. Libertarians for Pork Bills!

    4. They weren’t passing a 2.4T bill. THEY HAD REACHED A COMPROMISE!

      Granted, I don’t want any new spending, but that’s no excuse to lie about what actually happened.

  3. Democrats and the White House Were Nearing an Agreement on Renter, Homeowner Assistance. Then Trump Tweeted.
    House Democrats had approved $71 billion in assistance to homeowners and renters. The White House said it would agree to $60 billion. Now they’ll get $0.

    HAHA. unreason is pro-bailouts.

    unreason is against ending the tyrannical mask mandates and business lockdowns.

    1. unreason staff are really gonna cry when Trump gets reelected.

      1. I say hallelujah every single day for not being stricken by that foul TDS.

    2. To the extent that this article is very “facts” oriented, with little opinion in it, I suppose it is better than many Reason hot takes.

      But otherwise it is completely, utterly unlibertarian. They spend so much time focused on 60 – 70 Billion in homeowner assistance, and completely miss the fact that it is $70 Billion out of a $2,500 billion bailout. WTF?

      1. Good point. Those numbers to too big to be comprehended.
        We need a taxpayer-equivalency metric (e.g. the amount proposed is more than will be collected in income tax from the residents of xyz)

        1. >(e.g. the amount proposed is more than will be collected in income tax from the residents of xyz)

          Sure. Let’s make this easy. “xyz” is “the entire country”. If you exclude the dedicated SS/Medicare taxes, we’re talking right around the *entire* amount the federal government collected from all other sources in 2019. (And surely it will collect less in 2020.)

      2. More than that – in that 2.5 billion was a half billion seed money for a lending facility over 4 trillion, with essentially no oversight – so the knee-jerk response from both parties was to unanimously make about $5 trilion available to the richest people and corporations in the USA, while tossing $1,200 in “STFU, you are too stupid to realize how bad we are fucking you” money to Boobus Americanus.

  4. Libertarians used to support limited government and balanced budgets.

    Seems like Mr. Britschgi and Reason want to further expand the nation’s out of control deficit and debt, which could very well destroy our economy.

    1. Don’t worry, later today Britschgi will have an article out blaming Trump for skyrocketing deficits.

      Oops, already done.

      If it weren’t for double standards, there’d be no journalistic standards at all.

  5. The Dems want to add more and more bloated crony spending to counter the effects of unconstitutional lockdowns.

    Trump stops it.

    And your headline complains? I’m not going to waste time reading it.

  6. “Passing relief measures, like direct rental assistance, should not be a political game”

    Really? I mean, fucking really?

    Deciding on massive wealth transfers, increasing the social welfare state, and adding more to the deficit that especially will hit future tax payers does not require political debate? Not to mention the policy issues around lockdowns, inflated personal benefits that are greater that paychecks, and pandemic fear mongering that all discourage people from going to work and earning their own rent money.

    1. Just shut up and hand them your money and complete control over your life.

      1. “Just “Imagine,” someone else doing all the work and paying for it while you get to stay at home and collect a paycheck to watch Netflix and order from Postmates, forever! Doesn’t that sound nice?

        You may say I’m a dreamer, but I’m not the only one.”

        1. For those who cannot work or choose not to work…..

          It is a right.

          1. …and as-it also should be a right to die from starvation. (for those who choose not to work). This is inalienable rights. Nature doesn’t feed the lazy through Netflix.

  7. Instead of lobbying for more federal bailouts (to help those whose businesses and jobs were destroyed by Democrat governors), I suggest holding those Democrat governors accountable for their unconstitutional, unscientific and disastrous shutdowns.

    1. You mean poke a hole in that gov-uterus-bubble they’ve been fighting so hard to stay in and actually make them look at the reality of life? No wonder they’re all crying hysterically for more gov-milk…

  8. “President Donald Trump’s abrupt decision to cut off negotiations on a compromise stimulus bill until after the election has likely killed any chance that the White House and congressional Democrats will reach an agreement on federal assistance to renters and homeowners.”


  9. So now reason koch industries wants government handouts. Make up your minds.

    1. The Kochs have always enjoyed and lobbied for corporate welfare. Rugged individualism and libertarianism are only for the plebes.

      They’re scumbag hypocrites just like the libtards.

  10. It may be of passing interest that there were a few other provisions in that bill beyond rent bailouts.
    And all Trump did was publically point out that the democrats were in bad faith. Not that Faith is a thing to democrats.

  11. What an embarrassment of an article. Maybe these congressional critters should let people get back to work so they can pay their bills with the money they actually earn.

  12. Man, even Fox News has gone full Never Trump. The last two weeks, all they seem to show are Biden surrogates. It is bizarre.

    1. The establishment and the clerisy view Trump as a mortal threat. Fox news ultimately has the same interests as CNN and the NYT.

      1. A mortal threat to the political party FOX News exists as a propaganda apparatus for? Even they can see the handwriting on the wall. Time to puff up Louie Gohmert or Ted Nugent or whoever the next Republican star is.

        1. Thanks for the gibberish, whatever would we ever do without it.

          1. The point is Trump will lose the election and may very well die of covid as well, and FOX News will have to go on without him.

            1. “Trump .. may very well die of covid”

              Bit behind the times, are you not?

              1. All of the “feeling good” and “no fever” stuff is a known effect of the massive amount of steroids he’s on.

                He could very well be on the mend, but one doesn’t get that impression from the total opacity of the reports on his health.

                I think you’d care if the president was a sack of disease if he had a (D) after his name.

      2. Faux News is only there under normal circumstances to sow division and keep the appearance of 2 camps, as a balance to the CNN/MSNBC trash. In the end, they all feed from the same corporatocracy trough.

    2. I almost convinced we are in a full on psyop to demoralize trump voters given what’s passing as new these days. It’s absolutely insane. the new cycle over the weekend was totally unhinged gibberish. Trump winning would totally break the 5% of sane journo’s left.

      1. I mean I knew there were Never Trumpers there, like Chris Wallace. But the last few weeks, the morning news (we usually have it on while we shower and get ready) has been flagrantly anti-trump. 10 minutes with some Harris pumper. 5 minute interview with Carly Fiorina. It’s crazy.

        I actually think it is something different. I think Trump is at a moment of weakness and it is a real nut-check time for everyone who has supported him. Some will go down with the ship, but if there is one thing his raft of staff disappointments has proven, it is that he has attracted a lot of opportunists who really aren’t loyal to him. Fox News definitely strikes me as that type of company.

        1. ” I think Trump is at a moment of weakness”

          We know, you’ve bored us with this take repeatedly.

          1. Is that so?

  13. You sure about that?

    Or are you repeating what other people told you to think in their pieces?

    Because we were all around as Nancy Pelosi attached a couple trillion in Democrat bailouts and completely unrelated pet projects. And we all heard them say that Trump needs the economy fixed for the election, so they were not going to agree to anything helpful.

    And if you are over the age of 25, you should remember that the Democrats play this same game every time. They announce a strategy publicly: “we are going to shut the government down and blame it on the Republicans” then they proceed to do exactly what they claimed they would do…… And idiots in the press dutifully print “the Republicans shut the government down”.

    If it was a secret plot, that would be one thing… But this is no secret. They told you what they were doing. They loaded up their bill with poison pills for political reasons. They told you why… To damage the president and Republican chances.

    And then you run out and print the article they told you to about a simple negotiating tactic?

    1. back in the 80’s there was a California democrat who admitted on tv that they gave Reagan a budget so large that he would have to veto it just so that they could attack him for starving people. and people swallowed it all, even to this day

  14. Still, Trump’s decision to blow up negotiations probably hits landlords the hardest, at least in the short-term.

    I hate to be a pedant – WHO AM I KIDDING? I LOVE IT! – but it’s the lockdowns hitting everyone hardest. We shouldn’t lose sight of that. For the vast majority it’s not the ‘rona holding the economy hostage.

    There are two ways politicians can relieve that. One is effective and the other, not so much.

    1. The fact this publication didn’t write 5 articles a day on the horrific impacts of the lockdowns that are still ongoing in some places is a complete and total indictment of it.

      1. It’s definitely a beat and Reason has a couple contributors on it, but yeah not quite as prevalent as you’d think here.

    2. The only thing hitting landlords is the eviction moratorium.

  15. “The announcement comes just as a compromise between the White House and House Democrats on rent relief appeared to be in the cards.”

    Lying or ignorant?

  16. “my representatives”

    They are not Trump’s representatives.

      1. Do you disagree? Make an argument that it was an appropriate thing for the President of our republic to say.

        1. No. Now shut up Dee.

  17. Okay, see, this is supposedly a libertarian magazine, so the corrected headline would be:

    “Democrats and the White House Were Nearing an Agreement on Massive Pork Bill. Then, Thankfully, Trump Tweeted.”

    1. This is not a libertarian publication, and the sooner you realize this, the more sense the writing will make.

      1. Yeah, I’ve been posting here since John Kerry was running for President, I think I’ve got a pretty good idea of what to expect.

  18. House Democrats had approved $71 billion in assistance to homeowners and renters. The White House said it would agree to $60 billion. Now they’ll get $0.

    Finally an article praising Trump!

    /reads article

    Oh dear.

  19. House Democrats had approved $71 billion in assistance to homeowners and renters. The White House said it would agree to $60 billion. Now they’ll get $0.

    And now it’s time for you to fuck back off to Huffpo, Christian.


    1. Don’t generalize. The House has passed stimulus legislation with no trouble.

      The sole problem here are Senate Republicans who believe that being miserly during a global economic crisis is prioritized over helping people.

      1. Oh… well, why didn’t the headline say that? The headline said that the Democrats wanted to give America eleventy billion dollars until Trump tweeted, and then the Democrats were forced to reduce that to $0 because of a tweet.

        1. And you didn’t ask yourself why you aren’t mentioning Republicans even though they control the Senate?

          1. Explain to us why the senate should be doing congress stuff again.

            1. I love this comment because I don’t think it’s meant as a joke.

              1. Great, then you shouldn’t have trouble answering it.
                Revenue bills must originate in the House of Representatives, why do you think that the senate should be creating them instead?

          2. Because the senate doesn’t want to spend a trillion dollars bailing out state pensions dipshit.

            1. I’m glad we agree that Senate Republicans are the primary reason we don’t have an economic stimulus that the fed chair literally begged for to prevent economic tragedy.

              1. We don’t agree you dishonest piece of shit.

              2. You do realize the USA is literally bankrupt on a mark-to-market basis, and that MMT is complete and utter bullshit, right?

                And that is the work of both parties.

          3. I’m not diverting attention away from the republicans at all. I’m trying to figure out the muddled relationship between a presidential tweet and the Republican-controlled senate.

            I’m not getting anywhere near the discussion about how this probably should come from the states, who imposed the lockdowns on their own people…

            1. States have to balance budgets.

              Once again the sociopathy kicks in. Forget blaming the wrong thing for the economic crisis. You don’t seem to give a shit how many people die from the disease as long as they keep GDP up, somehow. Are we supposed to force people out of their house and accept your conception of the risk?

              This would be assessment of the risk as done by the president and his administration who are now in quarantine because they all have covid.

      2. “Miserly” by refusing to bail out California’s pension crisis.

        Fuck off, Tony. Just fuck right off.

        1. Being a giant moral ninny seems like a great way to approach a global pandemic and depression-level crisis.

          1. Their pension problems predate the crisis dipshit.

            1. Do you actually believe that pension relief is all this is about? What if they took that part out?

              It’s still sociopathic and utterly dogmatic to be fiscal scolds during a global calamity.

              1. Not all. I’m sure there is a lot of other Pelosi pet issues that have nothing to do with Covid in there.

                1. It is primarily about bailing out those pensions though.
                  It is the only thing Ds want from this.
                  And they don’t give a damn if people and businesses suffer.
                  Indeed, they’re the ones causing and enjoying it.

          2. Well, you would know.

            I was wondering why you hang out here. You’re clearly not a libertarian.

            And then I realized that neither were the writers. So this magazine might actually be more suitable for you than us.

  21. It’s bad when the government hands out other people’s money.

    So this is a good thing. If you feel sorry for homeowners, organize a fundraising drive and give them your money.

  22. House Democrats had approved $71 billion in assistance to homeowners and renters. The White House said it would agree to $60 billion. Now they’ll get $0.


    Hey Britschi – if you know someone who is struggling to make their lease or mortgage payment . . . why don’t you just give them some of your money?

    1. or talk to the governor of that state since Trump is not in charge of shutdowns the governors of the individual states are as they so gleefully made us all aware of. they need to solve their own failures

  23. Also, its the mandatory lockdowns – instituted by the states – that are hitting landlords hardest.

    Are we really out here advocating for government to provide a solution to a problem caused by government that isn’t ‘get the government to stop doing the thing that is causing the problem’?

    My state, Arizona, isn’t locked down. We’re doing fine. Renters are paying rent. Landlords are servicing their mortgages. NYC, which is locked down, is seeing what may turn into a permanent loss of inhabitants as everyone moves away from DiBlasio’s dystopia. California, which demands that no one can relax until everyone relaxes is having major economic problems.

    I do not want to give money to the little people in order to make that pain go away. I want it to hurt them as much as it needs to hurt them so that they’ll look up and ask themselves ‘is this worth it?’

    1. “Also, its the mandatory lockdowns – instituted by the states – that are hitting landlords hardest.”

      School closings as well.

      Working moms–of all income levels–are staying home because there’s no one to watch the kids.

  24. Is a libertarian magazine seriously complaining that the President is spending less money?

      1. Not seriously, anyway. More because the election is getting close and orangemanbad.

    1. No, they’re complaining that because he sent a snippy tweet, the three co-equal branches of government have stopped spending money.

      1. This article is practical pro-TARP.

    2. No, a progressive magazine that has a couple libertarian-ish writers is though.

      1. They’re pro-marijuana and prostitution. After that things get increasingly wobbly.

        1. Being in support of a specific activity doesn’t make you a libertarian.

          Being in support of freedom makes you a libertarian.

          1. Freedom to smoke weed. Freedom to have sexy time in exchange for goods and services.

  25. there was a later tweet last night about direct checks to individuals T said he’d sign today if they proposed it.

    1. Hell, yes.
      As a retiree with nothing but social security and my wife’s social security, and my pension from 45 years of work, I for damn sure NEED another $2,400.00 to put in my savings account along with the first one.

    Let me grab your face with both hands and lean in close and utter a secret of the universe: it is possible to do both. But no, these miserable people want you to know that the Walking Dead virus has changed everything, and there’s no going back to January.

    1. Thanks for reminding me to read today’s Bleat.


    Prediction: If Biden wins, lockdown lifted within 30 days.

    1. I sometimes wonder if Nick actually cares that Reason has abandoned libertarian principles, or if behind the scenes he is actually trying to do anything about it.

    2. I don’t think it will take 30 days for Kween Kamala to get the amendment 35 papers typed, signed, and delivered.

      1. Or even amendment 25 – – – – – – – –

  28. ●▬▬▬▬PART TIME JOBS▬▬▬▬▬●my co-employee’s ex-wife makes seventy one dollars every hour at the pc. she’s been unemployed for 4 months.. remaining month her take a look at became $13213 operating on the laptop for four hours each day.. take a look at….. Usa Online Jobs

    1. The lunatic-in-chief went back on his word. What a surprise.

      1. Somebody is too stupid to understand how negotiations work. And that someone is Pod.

      2. Neat how he’s evil for refusing to negotiate and a weak-willed crazy for being willing to negotiate.

        For Strazele double standards are the best standards because you get twice as many as less principled people.

  29. “When is it enough?”
    Answer: Never. There will always be at least one or two groups that won’t have everything they want and always a group of legislators willing to advocate for them until Santa finds their presents in the bag.

  30. Complete misrepresentation of the facts.

    1. Yeah. So?

  31. Maybe senate Republicans think they can outsource fiscal policy to the courts too, lazy bastards.

    It’s libertarian principle that is holding up stimulus. Congratulations for that. I hope you aren’t shy about owning the consequences. Democrats could barely stifle their joy after Trump Twitter-shat all over the negotiations, and I guess he had a change of heart once the stock market plunged. Or maybe the covid drugs he’s on is making him act erratic.

    1. I promise you I’m not the least bit shy in calling you and all the rest of your fellow lefties what you are: hostage-taking terrorist scumbags.

      You don’t deserve to get rewarded with trillions of free debt-financed dollars; you deserve to get the absolute living shit kicked out of you.

      1. You seem to be taking Trump’s being infected with covid and losing the election well.

        1. Just remember who REFUSED to prosecute Mnuchin when he was engaged in predatory lending in CA and kicking people out of their houses, going form Millionaire to billionaire in the process.

          Yes, it was the AG…THAT cunt. But thank god she was busting low-income black kids for weed at the same time.

          But you think she cares about regular people – how many times does she have to fuck regular people for your dense cranium to get it? And Biden has been fucking regular folk for 47 years.

          You are one stupid motherfucker.

  32. So Trump put a stop to a bipartisan effort to spend money we don’t have. Let it never be said reason didn’t run a positive story on Trump.

    1. Somehow the target audience of this website became Tony and Shrike!!!

      1. C’mon, it’s bigger than that – there’s chemjeff, eunuch, echospinner, white knight, strazele, and all the other leftists who like to pretend they’re not just leftists too!

    2. We’ll have even less money when half the country becomes too poor to pay taxes. Not to mention all the sick people whose healthcare costs will be socialized one way or another. Did you people learn economics from a very special episode of Teletubbies?

      1. See?

        The target audience of this website is Tony now.

        They’re gonna ask us for money pretty soon here, too.


        1. When your economic priorities leave millions of people in poverty because they had the bad luck to live during a pandemic, normal people would re-examine their priorities.

          1. Yes, but you’re not normal Tony.
            Besides, you’re obviously just concern trolling because we all know that you hate the proletariat.

            1. Why do you think I want to make sure they’re not scrounging through my trash to feed their snot-nosed offspring?

          2. Government forcibly shutting down businesses is not “bad luck.”

            1. Notice that your comment was the one Tony deliberately avoided.

          3. How large do you think the fed’s balance sheet should grow over the next three months, Tony?

            1. I’m not sure it matters in the slightest. But maybe a phantom totally unproven threat of runaway inflation is worth the risk to save the economy from collapse.

              1. So we can create infinite amounts of dollars with absolutely no consequence?

                1. There are consequences to not spending during a massive recession too, and they are certainly more guaranteed than the inflation event you’ve been promising for decades.

                  If we would simply stop putting Republicans in charge, we could do proper countercyclical spending instead of the batshit crazy constant spending, but never on anything useful, that they do.

          4. Well, tell us where you are sending all your money, you fucking libtard hypocrite. You want to sit at home while “essential workers” Door-Dash your food to you so you don’t incur any risk, but they can for you.

            FYI – in the end, the fatality rate for CV will come in under 1%.

      2. Half the country already doesn’t pay taxes.

        1. Nobody doesn’t pay taxes. Oh except Trump.

          1. It’s because he’s a shitty businessman and loses money – go ahead and lose a shit-ton of money – no income, no taxes.

  33. “House Democrats had approved $71 billion in assistance to homeowners and renters. The White House said it would agree to $60 billion. Now they’ll get $0.”

    Has Reason been taken over by socialists and progressives or what?

    How ridiculous!

  34. Apparently Trump changed directions again and is now in favor of more bailout, but probably more in line with Republican ideas.

    More 9D chess?

  35. I cant even

    Is there no pretense of libertarianism any more?

    This is now officially Vox and Slate’s B-Team

    1. Why do you libertarians keep trolling this progressive website?!

      1. My thoughts exactly.

  36. Trump almost certainly was already infected with covid during the debate. There’s that.

    1. But it doesn’t matter because an asteroid will hit the earth just before the election.

      For those who hate links;
      “According to their calculations, the asteroid has a .41% chance of hitting Earth. That means there is a 1 in 240 chance that it will make an impact or a 99.95% chance that it will miss Earth.”

      So as deadly as the Communist Chinese Virus. RUN!! RUN!!

      1. Viruses don’t have economic philosophies.

        1. Then why does it only spread during certain types of gatherings and not BLM riots?

        2. Neither do you.

  37. It has more to do with the bailouts for high tax states than any rent relief.

    This bill is a lifeline to high tax states like CA and NY. Libertarians would rather that these states face their own fiscal profligacy rather than get bailed out by the Feds. But since there are few libertarians left at Reason, we get nonsense like this.

  38. so you are complaining about 50billion out of a 2trillion ‘deal’???

    1. Yeah, a billion here, a billion there, and pretty soon you’re talking real money. Not my line, but I’m going to leave it to you to look it up (hah.)

  39. 1. Trump is the President. He gets to do that. That’s why we elected him.
    2. A soi-disant ‘liberarian’ website is complaining about the gubbermint not giving away enough money”
    3. See #1.
    4. See #2.

  40. He’s crazy. You call it mercurial. The precise word is crazy.

  41. Pelosi has been urging Republicans to pass her $2.2 trillion coronavirus relief bill to “crush the virus so that we can open the economy and open our schools safely.” The truth is her bill would do almost nothing to achieve those goals.
    Worse, though Pelosi isn’t telling you, the bill rewrites election law for 2020, barring voter ID requirements, forcing states to count absentee ballots that arrive as late as 10 days after Election Day, and imposing same-day voter registration everywhere, though, currently, only 21 states allow it. These controversial changes don’t belong in a stimulus bill Americans are desperate for.
    These and other controversial parts of what Democrats demand including bailing out states is what President Trump walked away from. Pelosi had no plan to pass anything before the election and was a road block. The President is going around her to the members of the House who already are rebelling against Pelosi and passed a 1.6 trillion bipartisan bill. If Congress acts to overrule Pelosi and her “This is a tremendous opportunity to restructure things to fit our vision,” agenda we may have a bill before the election. The President is doing the right thing regardless of what the left’s ally the fake news msm is telling the sheep to believe.

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