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.
'Heads we win, tails you lose': how America's rich have turned pandemic into profit
Some of the richest people in the US have been at the front of the
queue as the government has handed out trillions of dollars to prop up
an economy it shuttered amid the coronavirus pandemic. At the same time,
the billionaire class has added $308bn to its wealth in four weeks –
even as a record 26 million people lost their jobs.
Big companies are paying shareholders dividends and laying off thousands of workers
Since the coronavirus pandemic was declared, Caterpillar has suspended
operations at two plants and a foundry, Levi Strauss has closed stores,
and toolmaker Stanley Black & Decker is planning layoffs and
furlough. While thousands of their workers are filing for unemployment benefits,
these companies rewarded their shareholders with more than $700 million
in cash dividends
Mitch McConnell could yet pay price for 'tone deaf' coronavirus response
It would be an understatement to say Mitch McConnell’s suggestion that
state and local governments should declare bankruptcy rather than seek
more federal funding went down like a lead balloon. It was a rare
instance of the Senate majority leader overplaying his hand.