As the White House and Democrats near a deal on a $450 billion coronavirus relief package, members of the Progressive Caucus say it bails out businesses once again and fails to protect working people. “In general, there’s been kind of a disproportionate response that is reflected in the CARES Act. For individuals, for small businesses, it’s very hard to get relief,” says The American Prospect’s executive editor, David Dayen. “But if you’re a big corporation, the Federal Reserve has $4.5 trillion in reserves ready for you.”
In a sit-down conversation with ProPublica, Biden discusses Kevin McCarthy’s “terrible bargain,” the fear of change that drives threats to democracy and the Supreme Court’s need for an ethics policy.
"The same party who provided $2 trillion tax giveaways to the wealthy wants to slash funding for WIC, devastating women and children," said Democratic Rep. Gwen Moore.
De-dollarization is a road fraught with many challenges.