Some of why the Dems object...
....to the GOP bill in the Senate:
• McConnell’s bill includes a $500,000,000,000.00 corporate slush fund
for CEOs and the ultra rich — while leaving workers, families and
children out to dry.
• McConnell’s bill has weak stock buyback language that can be waived by
the Treasury Secretary; executive compensation limits only last for two
years; language on worker retention is weak and includes easy outs for
companies; there are no assurances in the language that workers will
benefit.
• The bill provides little transparency of the lending done by Treasury
(amount and to whom?).
• There are no specific provisions to protect from individuals from
eviction, foreclosure or forbearance.
• No money for state and local governments.
• No additional SNAP funds.
• No OSHA language to protect workers.
• No expanded emergency leave provisions.
• Only 3 months on Unemployment Insurance – this is an insufficient
length given the scope of the crisis.
• No money to help with the treatment of the uninsured.
• The bill does not provide adequate relief for the 44 million federal
student loan borrowers.”
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