republicans

Restaurants are for Republicans now

If restaurants reopen in your state and you decide to go out for a bite, there’s a good chance everybody around you will be a Republican.

As nearly every state begins to lift stay-home restrictions meant to stop the spread of the coronavirus, consumer attitudes regarding what to do next are taking on a surprisingly political tilt. While slightly more than half of both Republicans and Democrats think their state is reopening at the right pace, Republicans are more likely to say it’s going too slowly, and Democrats more worried that it’s going too fast.

A Kaiser Family Foundation poll found gaps of more than 30 percentage points in the types of activities Republicans and Democrats are willing to do as restrictions ease. The biggest gap was on dining out, with 75% of Rs but only 39% of Ds saying they expect to eat at a restaurant in the next

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Republicans and Democrats already agree on this stimulus fix so get it done, says Barbara Corcoran

Shark Tank’s Barbara Corcoran hasn’t been shy with her criticism of the government’s aid for small businesses during the coronavirus shutdown.

When she saw the startups she’s backed struggle to apply for Paycheck Protection Program (PPP) loans, she called the Small Business Administration’s efforts “horrendous.”

But now, after a second round of funding and the ire of the public guarding against large corporations taking money they otherwise might not need, the program seems to be working more efficiently in getting government money to small businesses looking to keep employees on their payroll.

And business owners are pushing for two key tweaks to the program. First, businesses wish to use the government funding over a period of time longer than just the mandated eight weeks. Second, businesses are also asking to no longer dedicate at least 75% of PPP money to payroll costs and instead are looking to direct some funds

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Trump and McConnell are the biggest big-government Republicans ever

Just as there are no atheists in foxholes, there are no small-government Republicans in an economic crisis.

President Trump and his Senate ally, Republican Majority Leader Mitch McConnell of Kentucky, are marshalling the biggest expansion of government spending since World War II, according to a Yahoo Finance analysis of the latest Congressional Budget Office estimates. Government spending in 2020 is likely to hit at least 30% of GDP, thanks to the coronavirus recession and an enormous set of stimulus spending Congress passed during the last six weeks. During the last recession, in 2009, spending peaked at just 24.4% of GDP. The highest level before that was during World War II in 1945, at 40.7% of GDP.

In March, before Trump declared a national emergency and most states enacted stay-at-home orders, CBO forecast federal spending to be 21.3% of GDP. That was modestly higher than prior years and the highest level

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AOC to oppose stimulus bill for being too ‘small,’ blasts Republicans

As Congress reached a deal on an interim stimulus bill, Rep. Alexandria Ocasio-Cortez (D-NY) has indicated she will not support the bill if the final text of the legislation is as has been reported. At a virtual press conference on Monday afternoon the congresswoman blasted the piece of legislation as being “too small.”

“As the person who’s representing the most impacted district in the country, my constituents are upset,” she said.

With Congress currently in recess, she added, “It is insulting to think that we can pass such a small amount of money.”

“I am not here to support that,” she said. “I need legislation that is going to save people’s lives.” 

The interim bill is aimed at helping small businesses keep employees working as part of the Payment Protection Program. The nearly $500 billion bill replenishes funds for small companies that ran out after less than 2 weeks. It

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Republicans raise big amounts amid coronavirus crisis

According to the Republican fundraising platform WinRed, donors contributed just under $130 million in the first quarter of 2020, despite the spread of coronavirus throughout the United States. 

That’s 30% more than was raised in the previous two quarters through WinRed combined. 

In the fourth quarter of 2019, donors contributed $70 million to Republican campaigns. This was more than double the amount raised in the third quarter — the first full fundraising quarter for the platform — when WinRed pulled in $31 million.

According to a WinRed spokesperson, the coronavirus pandemic didn’t reduce the amount of donations. 

“We expected to see a decrease but there hasn’t been a significant dip,” the spokesperson told Yahoo Finance. “We think that’s another indication of strong Republican energy behind the president.”

These strong fundraising numbers coincide with rising popularity for the president, who has started to see a surge in approval ratings. For the

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