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Mass Layoffs Are Back. Are You At Risk? | Peak Prosperity

State and local governments are warning of a wave of layoffs and pay cuts after getting left out of the federal coronavirus relief package expected to pass Congress this week.

In many places, those painful reductions are already taking shape:

Los Angeles plans to force city workers to spend 26 days on unpaid leave as revenues are forecast to drop as much as $600 million next fiscal year. Detroit has proposed laying off 200 workers and furloughing thousands more. In Ohio’s Hamilton County, Commissioner Denise Driehaus is taking a 10% pay cut alongside county workers.

“We are really struggling,” Driehaus said.

The $2.2 trillion emergency legislation known as the CARES Act, which President Donald Trump signed late last month, included $150 billion in direct help for state and local governments grappling with the impact of the deadly outbreak. Democrats pushed to include another $150 billion in the next tranche of aid, but Republicans sought to keep the bill narrowly focused on support for small business.

By Tuesday night, Democrats yielded on their demand. The Senate passed the legislation by unanimous consent — without additional help for state and local governments. The House is slated to vote Thursday, and Trump is expected to sign it.

read more:

https://www.cnbc.com/2020/04/22/coronavirus-relief-bill-layoffs-coming-to-state-local-governments.html

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  • ALL THE GOVS CAUSED THIS .   THEY CLOSED ALL BUSINESSES AND PUT AMERICANS OUT OF WORK AND NOW WANT BAILOUTS.  HELL NO.  

    TIME TO PUT OUR MASKS AND GLOVES ON AND GO BK TO WORK AND DEFY THEM.   

    DO NOT SPEND ONE MORE BAILOUT DIME OF OUR MONEY.  

    THIS IS THE DEM./ MARXIST DREAM  AMERICA COLLAPSING.  PELOSI IS PROBABLY IN HER KITCHEN W/SOME CHAMPAGNE, ICE CREAM AND CHOCOLATE.  CELEBRATING WHAT MUELLER COULD NOT DO OR IMPEACHMENT THEY HAVE THEIR BILL MAHR RECESSION AND ARE LOVING IT.  

    THEY NOW WANT:

    VOTE BY MAIL THAT CANNOT BE GOOD

    GREEN NEW EVERYTHING SINCE OIL IS AT A STANDSTILL

    MEDICARE FOR THE WORLD

    IF THIS HAPPENS AND TRUMP IS NOT RE-ELECTED WE ARE SCREWED.

    THE COUNTRY HAS TO OPEN AND NOW

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