$1 billion for breathing machines - my god, we can't afford that. It could cut into that $170 billion tax break for real estate tycoons
White House had been preparing to announce joint venture between GM and Ventec Life Systems to produce 80k ventilators when word suddenly came down that the announcement was off. FEMA had balked at the $1B price.
Via , and me, the White House was all set yesterday to announce a deal on accelerated ventilator production w GM. Then suddenly, the deal was off. Among the concerns said to have been cited by the Colonel at FEMA working on it? 1/
2/2 the pricetag and whether they would end up with an expensive surplus of ventilators. The pricetag would be just over $1 bill for duration of deal. The govt just forged a $2 trill spending deal
After you read this, feel free to scream — as I just did: .
White House has delayed signing off on a deal for GM to build desperately needed ventilators because the price tag is too high — important story by
Trump’s government pulls back from $1 billion coronavirus ventilator deal, expressing concern about the possibility of ordering too many ventilators, leaving them with an expensive surplus
the WH was set to announce a deal w/ GM & Ventec yesterday to produce up to 80,000 ventilators. but apparently the $1B price tag was too hefty. seriously.
White House Considers $1 Billion Price Tag for Ventilators — and Has Second Thoughts
Good news that new ventilators may be able to be produced on scale. Bad news is that production delayed around cost concerns. Given overall cost to country of COVID, the price seems worth it to get tens of thousands new vents. There's no time to waste 17/x
An initial promise that the joint venture could turn out 20,000 ventilators in short order had shrunk to 7,500, with even that number in doubt. And the White House can't decide how many ventilators it wants.
Just buy the damn ventilators! If we have extra we can sell them abroad (I hear we like exports) or create a strategic stockpile like we probably should've had before this whole ordeal.
The White House had been preparing to reveal a joint venture between GM and Ventec Life Systems that would allow for the production of as many as 80,000 desperately needed ventilators when word suddenly came down that the announcement was off.
Can you imagine FDR saying, during WWII, No, the price of these bullets is too high.
The Trump Administration pulled out of a deal with GM to rush production of 80,000 ventilators. They didn’t want to spend the money. #CoronaVillains
They are worried the ventilators cost too much at $1 billion, but They Spent $2 Trillion on a Tax Cut for the Rich. That literally just handed them cash. Seriously, these people are mendacious morons.
Sorry, we gave Boeing all the money. They said they really needed it.
White House on Wednesday was prepared to unveil a joint venture between GM and Ventec Life Systems to produce as many as 80,000 ventilators when word suddenly came down that the announcement was off.
Sad crazy: A trillion for transfers, but a billion for ventilators is in doubt?
21/ “Trump Administration Pulls Back From $1 Billion Coronavirus Ventilator Deal” “A deal with General Motors and Ventec Life Systems to produce tens of thousands of the critical lifesaving devices seemed imminent. Then the announcement was pulled back.”
So we had money for drone companies, abstinence only sex-ed, and Adidas sportswear in a $2 trillion stimulus bill... but not ventilators? Someone make it make sense
"At the center of the discussion about how to ramp up the production of ventilators is Jared Kushner, the president’s son-in-law and a senior White House aide..."
Let me get this straight: We should bail out cruise ships, but spending money on life-saving ventilators is just too expensive for the American government to handle? #CripTheVote
It's unbelievable that the Senate just passes a $2 trillion dollar relief package and now the Trump admin is balking at spending $1 billion for desperately needed ventilators
Reupping from yesterday - ⁦⁩ ⁦⁩ ⁦⁩ and me on the plan, and then abrupt reversal of it, by WH to announce a ventilator production deal amid a scramble from states for the equipment
Trump Administration Pulls Back From $1 Billion Coronavirus Ventilator Deal.
The government should fund these -- but it is worth saying that , , or could each fund this entire $1 billion order with a tiny pittance of their own personal fortunes
There are several companies that want to build ventilators, officials say
Yet, Trump found close to $4 billion in the Pentagon's couch cushions to pay for his wall last month.
EXCERPT: Some government officials expressed concern about the possibility of ordering too many ventilators, leaving them with an expensive surplus. Q: Could that surplus be considered a rainy day stockpile and wouldnt it still save lives/$ later?
Two late night/overnight coronavirus developments, ICYMI First, article on talks with GM/Ventec about ventilators. Excellent reporting, hard to figure out what exactly is going on. 1/x
We need 80,000 ventilators for Coronavirus - U.S. OK, that will be one billion dollars - General Motors We will get back to you on that - U.S.
White House Considers $1 Billion Price Tag for Ventilators — and Has Second Thoughts
Shocker! NYTimes buries real info on Trump’s deal with auto manufacturers. Price tag is too high because auto makers over promised and under delivered. Production prospects fell 50-75% between idea and the hard reality of a detailed proposal.
That's 18k per ventilator. I imagine if they buy fewer, the price goes up, bc of fixed costs like retooling factories. After Considering $1 Billion Price Tag for Ventilators, White House Has Second Thoughts
This is insanity... / After Considering $1 Billion Price Tag for Ventilators, White House Has Second Thoughts
After Considering $1 Billion Price Tag for Ventilators, White House Has Second Thoughts
After Considering $1 Billion Price Tag for Ventilators, White House Has Second Thoughts
If a #ventilator costs $18000, if it can save one life that is valued 10 millions in the US, US gov should purchase a number of ventilators so that the probability of not having enough of them equals 0.18%. Invest! via ⁦
How many illegal aliens are using ventilators, squeezing out American citizens? By FEDERAL LAW, hospital ERs are required to treat illegals.
"Some government officials expressed concern about the possibility of ordering too many ventilators, leaving them with an expensive surplus." Did anyone in WWII worry we would have a surplus of airplanes, ships, tanks after the war? (We did.)
So Trump cancelled a ventilator order, too expensive?
You could not mess up the response to the corona virus worse than this administration is messing it up. Not possible.
One argument in favor of waiting was checking whether other companies could give the government a greater number of ventilators in a shorter time period
Trump and the Republicans balk at spending $1 billion to produce tens of thousands of life-saving ventilators -- the cost of just nine F-35 jets. But $500 billion to bail out some corporations? No problem.
Another question is whether there will be contracts to several suppliers, in case there are issues (including sickness among factory workers) while producing.
It costs $18,000 to buy a ventilator in the US. I checked the price in China, and found the most expensive was <$6,000.
Hardware is hard, Mr. President. via
"Some government officials expressed concern about the possibility of ordering too many ventilators, leaving them with an expensive surplus." Huh? If they make too many, there are probably plenty of countries around the world who'll want to buy them.
Are we kidding, after all this stimulus money? This is like raiding your kids' trust fund to buy a Ferrari and then balking at the cost of adding a cupholder
“The only thing missing was clarity from the government about how many ventilators they needed — and who would be paid to build them”— this is unacceptable; need to give them a clear picture of demand and how they will be financed if we want them engaged
WTF? The White House can siphon billions for a useless Wall but thinks $1B for urgently needed ventilators may be “prohibitive”? Beyond shameful. After Considering $1 Billion Price Tag for Ventilators, White House Has Second Thoughts. #TrumpMadness
The deal that was almost announced and then dropped for ventilator production, prompting the president to use the DPA in response to our coverage
"A deal with General Motors and Ventec Life Systems to produce tens of thousands of the critical lifesaving devices seemed imminent. Then the announcement was pulled back."
After Considering $1 Billion Price Tag for Ventilators, White House Has Second Thoughts
Can America Afford NOT To Have These Life Saving Ventilators?
Capitalists X Trumpists = Death
The Administration wouldn't think twice to tack on an extra $1B in tax cuts for stock buy backs, but somehow emergency ventilators are something that we should be careful not to overspend on.
The fucke is rich kid real-estate criminal jared fucken kushner doing involved in this???
“At the center of the discussion is Jared Kushner, the president’s son-in-law, who has told people that he was called in two weeks ago by Vice President Mike Pence to produce more coronavirus test kits and who has now turned his attention to ventilators.”
After Considering $1 Billion Price Tag for Ventilators, White House Has Second Thoughts about greenlighting a project that could deliver the equipment to overwhelmed hospitals. In the aftermath, WH is denying the need for them.