From Common Dreams <[email protected]>
Subject $500 billion for slush fund for corporations (and workers get almost nothing)
Date March 24, 2020 6:16 PM
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Dear Friend,

The Senate is debating their latest coronavirus "relief" bill—and it's
an abomination. Senate Republicans are demanding a $500 billion slush
fund that Trump can use to bail out cruise ships, hotels, airlines, and
other giant corporations—cloaked in secrecy, with virtually zero strings
attached. Even what they are now calling "oversight" is much too weak
and can't be trusted, experts warn. The industries set for bailout
aren't required to provide paid sick leave to their workers. There are
no real restrictions on using the money for executive bonuses or stock
buybacks. And remember: these are the same corporations that just got a
giant tax break and then spent it on CEO bonuses. Meanwhile, what do the
poorest Americans get? Almost nothing. Mitch McConnell's proposal would
give most people on the bottom half of the income ladder a one-time
payment of $600—and for millions of Americans, that payment would be
even less. Yes, you read that right: $600. It's not even enough for a
month's rent in most places, never mind groceries and utilities. Our
newsroom team and contributors are shining a bright light on the
Senate's corporate bailouts and its failure to help working people. But
as a nonprofit media outlet, we rely on you, our readers, to power our
work. In these challenging and perilous times, we need your support more
than ever. If you can, please help support our ongoing coverage of the
Trump administration and the GOP's corrupt response to the coronavirus
pandemic.

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In solidarity and thanks,

Jon Queally

Managing Editor

Common Dreams

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