Progressives exploded in frustration Tuesday as the Senate prepared
to pass an interim funding bill for coronavirus relief that once again
included no funding for the Post Office, food banks, or election
security, and provided no bailout oversight and no funding for states
and cities—leading critics to wonder why Democratic lawmakers refused to
use their leverage and hold up the bill.
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Nothing But a Taxpayer 'Subsidy to Insurers': Democrats Float Plan to Backstop For-Profit Healthcare Industry During Covid-19 Pandemic
House Democratic leadership came under fire Tuesday after it was
reported a proposal is now under consideration to backstop for-profit
healthcare insurance companies with taxpayer dollars instead of simply
opening public programs like Medicare and Medicaid to those laid off or
uninsured amidst the coronavirus outbreak ravaging the country.
Vast majority of tax provision in coronavirus law goes to millionaires, JCT finds
More than 80 percent of the benefits of a tax change tucked into the coronavirus relief package
Congress passed last month will go to those who earn more than $1
million annually, according to a report by a nonpartisan congressional
body expected to be released Tuesday.
Trump takes immediate step to try and limit coronavirus inspector general’s power
Immediately after signing the historic $2 trillion coronavirus
aid package, President Trump sought to curb oversight provisions in the
bill by asserting presidential authority over a new inspector general’s
office.The
move could presage a major battle between the White House and Capitol
Hill as the Trump administration moves to implement the new law.
Democrats Are Handing Donald Trump The Keys To The Country
The emergency coronavirus legislation that the Senate agreed to on Tuesday can only be described as an outrage. It is not an economic rescue package, but a sentence of unprecedented economic inequality and corporate control over our politics that will resonate for a generation.
AOC: 'Shame!' 'Greed!' $2.2 Trillion Relief Bill Provides 'Crumbs for Our Families'
In her floor speech in the House today, before the chamber votes on
the $2.2 trillion relief bill, Rep. Alexandria Ocasio-Cortez (D-N.Y.), a
self-described democratic socialist, said the legislation was
"shameful" and laced with "greed."
Coronavirus pandemic: Senate GOP aid bill doesn't help American workers
While the president says he wants to help Americans workers through the
coronavirus pandemic, behind the scenes his party is crafting
legislation that would leave the least fortunate behind.
Small Business Administration funds to public companies top $1 billion
Publicly traded companies have received more than $1 billion in funds
meant for small businesses from the federal government’s economic
stimulus package, according to data from securities filings compiled by
The Washington Post.
Small Business Rescue Money Flows to Major Trump Donors
Major donors to President Donald Trump’s presidential reelection
campaign have won coveted loans from the Paycheck Protection Program,
the new government effort to provide a lifeline to small businesses
under duress because of the coronavirus pandemic.
McConnell takes flak after suggesting bankruptcy for states rather than bailouts
Senate Majority Leader Mitch McConnell (R-Ky.) drew flak Thursday from
governors in both parties after suggesting that states hit hard by the coronavirus outbreak should be allowed to seek bankruptcy protections rather than be given a federal bailout.