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BREAKING NEWS – SENATE MAJORITY LEADER MITCH McCONNELL JUST OPENED DOORS TO SECOND STIMULUS CHECK

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Hi everyone! This is Dr Nitin Chhoda and welcome to my channel Ignition Time

I'm here with breaking news for you was from the Senate Majority Leader Mitch McConnell The Senate Majority Leader was at Flaget Memorial Hospital in Bardstown Kentucky just a few hours ago and made some important comments about the state of the second stimulus check, about the next stimulus package and about where we should be heading forward as a country I listened to the entire interview and for me there were THREE major takeaways and I'm going to focus on those takeaways and let you listen to the Senate Majority Leader Mitch McConnell yourself But if you want to jump to this interview, I'll link to it in the description below There's also an article on BusinessInsider

com and I will link you to that article so you can check out that article But essentially the Senate Majority Leader did open the doors to a second stimulus package His exact words were "I am pretty sure there will be a new rescue package" And when he was specifically asked about a second stimulus check his exact words were "could well be" So he said could well be that there would be a stimulus check as part of the next rescue package

So again if you want to jump to that interview you can click on the link in the description below or and you can also read the Business Insider article But I'm going to focus on the three things that really jumped out at me So let's listen in to the Senate Majority Leader Mitch McConnell And the question is, where do we go from here? First of all let me just say this is not over This is not over

We're seeing a resurgence in a lot of states I see our State Senator Hagan and representative McCoy here basically we're at level right, level Not going up or going down, level Look, the single most important thing each of us can do to not only help ourselves but protect our friends and neighbors and everyone around us, it's not complicated to wear a mask and at some points along the way people have been somewhat confused about this It ain't confusing

It's really simple you want to protect yourself and your friends and the folks you're around put on a mask and we all need to echo that all across the Commonwealth and all across the country because it's going to require everybody participating to get through this Everybody's got a role to play to get through this Clearly a lot of people thought when we started opening up the economy again, let the good times roll And a lot of people went out and we've seen the spiking of cases Now we're not going to shut the economy down again

We've got to figure out how to work through this and the single best thing we can do is to wear a mask Now so that was the first of three segments that I wanted to highlight now the one thing that he said I honestly don't know what he's talking about he said we are level we're not going up not going down I don't know what that means and I don't agree with that because as you know more than 30 states across the country are seeing a surge highest number of cases increasing number of cases for more than 30 states across the country so you know that's one thing that I don't agree with but he did say something that I do agree with he said everybody's got a role to play to get through this we all should be wearing masks so I definitely agree with that now the Senate Majority Leader also talked about vaccines so you can listen to the entire interview like I said I will link to it in the description below let's get to the second thing that really jumped out at me in this presentation the works no one can say for sure exactly when that vaccine or vaccines will come online anytime since we're not going to shut the economy down again we don't have enough money we can borrow to continue to prop up the economy and definitely we have to work smart which brings me back to the mask that's the single thing each of us can do to contribute to get us through this period until we get a vaccine now a lot of you wondering about whether it be another bill this is July I said back in March we'll take another look in July and see what the country looks like what the economy looks like what the healthcare situation looks like and then make a decision so I would predict in the next couple of weeks if there's a new rescue package and I'm pretty sure there will be I'll be unveiling another one and if you're looking for the focus one of them is something you mentioned liability protection this is not just for businesses this is for hospitals or doctors or nurses or colleges or universities for K through 12 we can't get back to normal if we end up having an epidemic of lawsuits on the heels of the pandemic now what I have try to rewrite the tort law of every state in America this is a narrowly crafted liability protection that applies only to the coronavirus will probably kick in in 20 December 2019 and go through 2024 unless you're grossly negligent or intentional engaged in harmful behavior you shouldn't have to be penalized by getting sued on top of everything else so that'll be in there I can guarantee you now there's a lot to unpack there the words of the Senate Majority Leader Mitch McConnell he said since we're not going to shut down the economy again it wasn't a question it was a state we're not going to shut the economy down again the Republicans want individuals to get back to work and I've talked about this in other videos on my channel he said we don't have enough money we can borrow and I quote we don't have enough money we can borrow to continue to prop up the economy indefinitely we have to work smart and that's where he talked about the mask and the importance of wearing the mask he also specifically said I'm pretty sure there will be a new rescue package and the thing that he emphasized was liability protection for doctors for businesses for hospitals for colleges universities kindergarten through twelfth grade he specifically said we cannot get back to normal if we have I quote an epidemic of lawsuits on the heels of the pandemic so there's a lot to think about there we now know the priorities of the Senate we also know exactly where the Senate majority leader stands right now now before the Senate Majority Leader addressed the second stimulus check he did once again emphasized the importance of wearing masks let's listen to that and then we rolled right into the segment where he addresses a specific question about the second stimulus check you know that is somehow this notion developed that it wasn't necessary or that it was fashionable or something that's really nonsense and that's about the only thing each offices individuals can do during this period until we get a vaccine because we can't shut the economy down you know we all know the carnage that came as a result of that we just simply can't can't do that again thank you yo a senator do you anticipate the next rescue package having any individual funding going to people like the previous $1,200 and two families will there be something like that good well I think the people have been hit the hardest or people who make about $40,000 a year or less many other worse in the hospitality industry the hospitality industry is you all of you know just gotta remember act hotels restaurants and so that could well be a part of it so you heard that from Mitch McConnell when he was asked specifically about direct payments to individuals a second stimulus checks similar to the first $1200 stimulus check his exact words were could well be now he did talk about the low wage earners and the middle income earners individuals who make less than $40,000 a year as being the most severely affected as a result of this pandemic I have done other videos on my channel where I have talked about the significant impact to hotels entertainment travel hospitality those are the individuals working in those industries who have been very badly impacted by this pandemic because they don't have the opportunity to be able to work from home I hope you learned something new from this video I know that there are a lot of different messages a lot of mixed messages coming out from the house from the Senate from the president let's remain hopeful that they do come to a consensus and then pass something that results in more money in the hands of the American taxpayer specifically individuals who need help the most thank you so much for watching if you did learn something new please click like below please subscribe if you're not yet a member of our community our community has been growing very rapidly and I appreciate that in fact that's why I started this channel to provide fair balanced economic news to help you with your financial future please enable notifications so you get instant updates on future breaking news announcements like this where I can give you my take but I can help you read between the lines of all these important messages and in many cases mixed messages coming out from the administration thank you so much once again I'll see you in the next video thank you bye

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