The Senate is about to pass the ‘largest relief package in history’ amid the coronavirus-induced economic crisis, but progressives say it isn’t enough
- The Senate is poised to pass what will likely amount to a more than $2 trillion stimulus package on Monday as the coronavirus pandemic all but shuts down the US economy.
- But progressive activists and lawmakers say the spending package needs to be significantly bigger.
- Rep. Alexandria Ocasio-Cortez and others on the left say the economic crisis provoked by the pandemic requires a long-term and structural response, rather than a short-term flood of government subsidies.
- Several of Ocasio-Cortez’s former aides with the group New Consensus are proposing $2,000 monthly checks for all Americans and significant subsidies for small businesses and the production of essential supplies, including medical equipment
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The Senate is poised to pass a historic stimulus package on Monday as the coronavirus pandemic all but shuts down the US economy. But progressive activists and lawmakers say the spending package needs to be bigger and more equitable.
Lawmakers have already passed two emergency bills, signed by Trump last week, sending $8.3 billion in funding for government health agencies and about $100 billion for expanded paid leave, unemployment insurance, and food and healthcare aid.
The stimulus that comes out of the current negotiations will likely amount to …continued .
[Source: Business Insider]