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EconomyMarch 01, 2021
Hidden in Nancy Pelosi's Relief Bill? A 'Personal Bailout' for Federal Employees
Over the weekend, Nancy Pelosi and the House of Representatives passed the COVID relief bill, the "American Rescue Plan Act of 2021." Democrats say the components of the bill are widely popular with the American people. Which makes sense, because the American people have been struggling due to the government shutdowns. The bill is mostly known for the $1,400 checks being sent out. "Free" money is popular even if the economics behind it is a little illiterate.
And yes, the one-time $1,400 checks are in the bill. Unless you work for the government. In that case, you may be eligible to get $1,400 a WEEK in what some critics are calling a "personal bailout for bureaucrats." From Adam Andrzejewski, writing for Forbes:
Under the bill as currently drafted, full-time federal employees can take up to 600 hours in paid leave until September 30, up to $35 an hour and $1,400 a week. That's 15 weeks for a 40-hour employee. Part-time and "seasonal" employees are eligible, too, with equivalent hours established by their agency.
While millions of parents struggle to work from home with kids who are enrolled in shuttered or partially shuttered schools, and millions more left the workforce or lost jobs to care for their at-home children, evidently parents in the federal bureaucracy need their own, personal Covid-19 bailout
Federal employees tend to work in or just outside cities. Teachers' unions have stronger control over schools in those areas. Does this "bailout" have something to do with parents starting to get fed up with unions keeping in-person learning closed? Your opinion may depend on your level of cynicism about politics. I know how high mine is. Think Snoop Dogg and Mathew McConaughey at a Willie Nelson concert.
Some critics are referring to it as "Biden bucks."
Wow. The BidenBucks bill pays federal employees up to 15 weeks of paid leave at $1400 per week if they have to stay home to virtual school kids.
You get $1400 once. They get it every week for 15 weeks. Swamp takes care of swamp.https://t.co/4A7ktpm1Zc
— Phil Kerpen (@kerpen) February 25, 2021
A few Republicans have spoken out about the bloated bill, implying it's a wish list to Democrat special interest groups and pointing out how little of the $1.9 TRILLION actually goes to immediate relief.
The bill goes to the Senate, where they will debate the bill now knowing about this provision buried on page 305. I could be off here, but once people who aren't federal employees start to read about this, they may no longer find this "relief" bill as popular as Democrats claim they do.
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