Wall Street is asking for a bailout. Airlines are asking for a bailout. Even casinos are asking for a bailout.
The coronavirus crisis is crippling the global economy, and the U.S. government is coming under intense pressure to bail out the big corporations. But what about the working people and small businesses who are struggling right now?
Senator Elizabeth Warren just proposed a “grassroots stimulus” package that would focus on helping American families recover from this unprecedented crisis. Congress is hearing a lot right now from corporate lobbyists demanding a bailout. We need your help to put pressure on lawmakers to provide stimulus for the 99%.
Donald Trump thinks another tax cut for big business is the answer. He’s wrong. We tried that in 2008 and it didn’t help struggling families recover. We need something big and bold.
That’s where the grassroots stimulus plan comes in.
Here’s what’s in it:
- Giving every worker access to paid sick leave
- Increasing Social Security checks by $200 a month
- Canceling student loan debt
- No evictions during the crisis
- Allow renters and homeowners to delay or modify housing payments
- Make any corporation that receives a bailout use that money to maintain payroll rather than give enrich executives and shareholders
- Give workers seats on corporate boards
These steps will help address the coronavirus epidemic — and, just as critically, will help families stay afloat economically and be ready for recovery.
In 2008 Congress bailed out the banks but offered too little for working families. The result was disaster. We can’t let Congress make that mistake again.
Team Progress Americ