HR6697, submitted by New Hampshire Representative Chris Pappas on May 5. dubbed, “Amend the Small Business Act to expand the Paycheck Protection Program for certain organizations, and for other purposes,” the bill itself has no text nor summary reference on the Congress.gov bill tracking site for public view.
The federal govt is the currency issuer, it can’t work like your household budget, simply because it makes the money, it never has to find revenue! Just think of how different your budget would look if you had a printing press!? Your only limit would be what’s for sale! It is the same with the federal govt.
Policy is paramount and understanding macroeconomics is key to enacting good Progressive policy. This is “How we pay for it” that ends all counterarguments. In fact, what we make, produce, and the value of our labor is what produces the value of our economy. Therefore, proper investment in us drives economic growth for the nation.