Friday, June 14, 2024

Tag: government bail out

The bailout is working—for the rich

If the health crisis does not pass quickly, or if the economy does not roar back, the Fed’s actions might prove inadequate.

Bill Moyers and Neil Barofsky on big bailouts

"The big financial institutions who were– obviously the biggest winners of the last bailout– they’re gonna win again. They always win. That’s kinda the way our system is organized."

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The Medicare Advantage Paradox: How private insurers cost taxpayers billions

Recent studies and reports from the Medicare Payment Advisory Commission (MedPAC) reveal that MA overpayments have significantly burdened taxpayers.

Clarence Thomas faces fresh scrutiny over undisclosed luxury trips funded by billionaire

This has prompted renewed calls for his resignation and demands for stricter ethics reforms for the highest court in the land.

Trump’s $48 billion corporate tax cut proposal exceeds annual K-12 education budget

The proposed reduction in the corporate tax rate from 21% to 15% would result in massive tax savings for the largest U.S. companies, benefiting wealthy shareholders while neglecting workers and public investments.

Russia’s war on Ukraine generates more emissions than 175 countries: $32 billion climate bill...

The first two years of Russia’s invasion resulted in greenhouse gas emissions equivalent to the annual emissions of 175 individual countries, further intensifying the global climate emergency.

Navigating the energy transition: Renewables abound, but grid challenges loom

Renewable energy doesn’t matter if we can’t distribute it.