Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Freedomworks (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

The SUPPORT Act Will Bankrupt the American Way of Life

% of readers think this story is Fact. Add your two cents.


The Big Picture

The Coronavirus pandemic has created one of the most significant recessions in modern history. The entire country was shut down, devastating a booming American economy. In response to the high unemployment and economic devastation brought about by the failed shutdowns, the federal government has issued over $4 trillion in the form of stimulus payments, business tax credits, and income substitution, with another $2 trillion recently allocated.

The government intervention during the pandemic has led many Democrats to call for regular government payments. Progressives are using COVID-19 as an excuse for the big-government policies they have long dreamed of implementing.

The Details

Squad member Ilhan Omar (D-Minn.) introduced the Sending Unconditional Payments to People Overcoming Resistances to Triumph (SUPPORT) Act, a radical piece of legislation that would provide regular government payments to households when businesses are already struggling to compete with enhanced unemployment benefits.

This massive overhaul would cost taxpayers hundreds of millions to maintain and forever change how Americans put food on the table.

Ilhan Omar’s SUPPORT Act aims to create a permanent welfare state for low to middle-income Americans that would

  • Establish the Office of Guaranteed Income Programs (OGIP) to oversee a $2.5 billion grant program that will be made available to eligible entities to cover the costs of delivering recurring cash payments.

  • Create a guaranteed income tax credit for qualifying adults of up to $1,200 per month and up to half for dependents under 18.

Why It Matters

The passage of the SUPPORT Act would transform our economy from one based on free-market capitalism to one of government dependence. This extension of emergency funds indefinitely acts as a dangerous precedent to expand government dependence.

The creation of a welfare state for the average American citizen will spell catastrophe for the US economy, as people will find little incentive to work. The number of unemployed Americans will increase tremendously, and many college graduates will wait much longer to find employment.

To pay for the egregiously expensive program, the US government will have to spend hundreds of billions, which will fall on the American taxpayer. This bill is a redistribution program that will only serve to keep people from going back to work. Progressives have, time and time again, railed against the benefits of the capitalist system, and this is their largest attempt to dismantle it.



Source: https://www.freedomworks.org/content/support-act-will-bankrupt-american-way-life


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.