Sen. Susan Collins, R-Maine, on Capitol Hill on July 29. (Anna Moneymaker/The Ne​w York Times via Redux)
Posted in Analysis Bailout 2020 Coronavirus Pro Publica

How hotel chains got a slice of government aid for small businesses

Up to $1 billion in small business relief dollars went to hotel chains with more than 500 employees. One beneficiary was the client of a former aide to Sen. Susan Collins who was among many lobbying…

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Posted in Bailout 2020 Coronavirus News Restart 2020

70% Americans support $1 Trillion state and local aid GOP refuse to provide

“Senators can no longer ignore the calls of voters, local elected officials, and economists who have repeatedly called for this relief.” by Eoin Higgins, staff writer Tuesday, July 28 Americans across the political spectrum overwhelmingly want…

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Posted in Bailout 2020 Common Dreams News Restart 2020 Safety Net Unemployment insurance

GOP proposes legal immunity for corporations, $0 in funding for states, and deep cuts to unemployment benefits

“Republicans have wasted months coming up with a proposal that, remarkably, would make the pandemic and economic pain even worse—especially a corporate immunity provision that would be a literal death sentence to countless Americans.” by Jake…

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Posted in Bailout 2020 Common Dreams News Restart 2020 Safety Net Unemployment

GOP under fire for slipping $30 billion pentagon gift into Coronavirus bill

“F-35s Don’t Help Families Pay Their Bills”  “Just how twisted is the Senate GOP coronavirus bill you ask? It includes $686 million for new F-35 fighter jets.” by Jake Johnson, staff writer Tuesday, July 28 In…

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Posted in Bailout 2020 Common Dreams Coronavirus News Safety Net

GOP plan to slash unemployment benefits by $1,600 per month condemned as ‘absolutely unacceptable’

“The country is on fire and the chief concern for Senate Republicans is that unemployed people have too much money.” by Jake Johnson, staff writer Monday, July 27 Progressives are rejecting out of hand a proposal…

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Posted in Bailout 2020 Common Dreams Coronavirus News Unemployment

GOP leaving town as unemployment benefits set to expire

‘Going to Lead to Desperation for Millions’, Wyden Slams GOP “Republicans move mountains for corporations and special interests, but when it comes to helping workers their message is clear: you’re on your own.” by Jake Johnson,…

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Posted in Bailout 2020 Coronavirus

GOP floats slashing boosted unemployment payments to $100 per week

Showing ‘Contempt for the American People,’  “Senate Republicans are wildly out of touch with reality. Seriously, just $400 a month? Cutting monthly income for 30 million families by $2,000 would cost the country millions of jobs.”…

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Posted in Bailout 2020 Common Dreams Coronavirus News Unemployment insurance

McConnell laughs when asked if Covid-19 bill will pass by end of next week—when unemployment benefits expire for 30 million

“Thirty million workers won’t be able to pay rent on August 1st and McConnell is laughing.” by Jake Johnson, staff writer Wednesday, July 22 Senate Majority Leader Mitch McConnell laughed Tuesday when asked whether he expects…

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Posted in Bailout 2020 Common Dreams Coronavirus News Social Security Unemployment insurance

Congress urged to reject ‘hostage-taking’ as Trump threatens to veto any Covid-19 bill that doesn’t cut Social Security

“Beware of the payroll tax cut! It is just the administration’s attempt to cut Social Security and Medicare.” by Jake Johnson, staff writer Friday, July 17 With President Donald Trump reportedly telling Republican lawmakers in private…

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Posted in Analysis Bailout 2020 Common Dreams Coronavirus

Study shows recipients spent more during pandemic bolstering case for extending unemployment relief

“Shocker: Working people spend money when they have it.” by Eoin Higgins, staff writer Thursday, July 16 A new study published Thursday reveals that the federal government’s unemployment boost of $600 a week for Americans who…

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Posted in Bailout 2020 Coronavirus Pro Publica

Thousands of small business owners have not gotten disaster loans the government promised them

A top official said 99% of funds were paid, but only 55% of small business owners reported receiving the money. Borrowers were told there was a technical glitch, but the Small Business Administration would not answer…

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Posted in Bailout 2020 Common Dreams Coronavirus News Student Debt

Organizations call on Congress to enact $1.5 trillion Student Debt Jubilee as part of Covid-19 relief

“This is a time to be bold.” by Andrea Germanos, staff writer Wednesday, July 15 Over 100 organizations on Wednesday urged Congress to make sure cancellation of all U.S. student loan debt is part of the…

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Posted in Bailout 2020 Common Dreams Coronavirus News Unemployment insurance

McConnell drags his feet as 30 million are set to lose unemployment benefits in 10 Days

‘The Real Fiscal Cliff’ “It’s time for the Trump administration and Senate Republicans to get their act together and extend supercharged unemployment benefits. Our whole economy depends on it.” by Jake Johnson, staff writer Wednesday, July…

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Posted in Analysis Bailout 2020 Coronavirus Investigations Pro Publica While we were looking elsewhere

Different names, same address: How big businesses got government loans meant for small businesses

ProPublica found at least 15 large companies that received over half a billion dollars in PPP loans using the same technique: Getting multiple loans sent to smaller entities they own. by Paul Kiel and Jack Gillum…

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Posted in Bailout 2020 Common Dreams Coronavirus News Restart 2020

Progressive ad campaigns target McSally, GOP Senators for blocking relief as Covid-19 rages

‘Lives and livelihoods are on the line’ “This is not the time for senators to go on vacation. Mitch McConnell’s partisan games are an act of violence and recklessness against the American people.” by Jake Johnson,…

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"The Federal Reserve was tasked with creating a massive program to protect workers' livelihoods during an intense economic and public health crisis. We should, at the very least, expect transparency about how the program is structured," said Food & Water Action attorney Adam Carlesco. (Photo: Tony Webster/Flickr/cc)
Posted in Accountability Bailout 2020 Common Dreams Coronavirus News

Fed refuses to release documents on fossil fuel industry’s Covid-19 bailouts

‘The Public Has a Right to Know’ “As the climate crisis demands an abrupt shift away from fossil fuels, the federal government should not be creating programs to bail out these polluters.” by Jake Johnson, staff…

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Posted in Bailout 2020 Common Dreams Coronavirus News

Seattle City Council passes progressive tax on big business to fund relief

“Working people and our movement have to unapologetically claim victory for what we’ve won, because we want to spread these victories to other cities.” by Andrea Germanos, staff writer Tuesday, July 7 The Tax Amazon movement…

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Posted in Accountability Bailout 2020 Columns Coronavirus Investigations Rathke: Chief Organizer Report

The Paycheck Protection Program reveal

  by Wade Rathke Tuesday, July 7 New Orleans   The Paycheck Protection Program, known as PPP, was a major part of the Congressionally approved stimulus program as part of the CARES Act. After the Treasury…

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President Donald Trump and his daughter Ivanka Trump taking questions about the Paycheck Protection Program with Treasury Secretary Steven Mnuchin on April 28. (Win McNamee/Getty Images)
Posted in Accountability Bailout 2020 Coronavirus Investigations News Pro Publica

Trump friends and family approved for millions in small business bailout

Beneficiaries of the PPP included a lettuce farming venture backed by Trump’s son, Kushner companies, and a dentist who golfs with the president. The figures were released after a lawsuit by several news organizations, including ProPublica….

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Posted in Accountability Bailout 2020 Common Dreams Coronavirus Investigations News

Trump-connected lobbyists have raked in $10 billion in Covid-19 aid for corporate clients

“The crisis offered an especially lucrative opportunity for those lobbyists who enjoy close ties to President Donald Trump and his administration—and they seized it.” by Jake Johnson, staff writer Tuesday, July 7 In yet another sign…

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White House senior adviser Jared Kushner attends a meeting with President Donald Trump and several CEOs of major banks discussing the coronavirus response during a meeting in the Cabinet Room at the White House on March 11, 2020 in Washington, D.C. (Photo: Mark Wilson/Getty Images)
Posted in Bailout 2020 Common Dreams News

Some small businesses received just $1 in Covid-19 Relief loans as Kushner family, Wall Street investors raked in millions

“Serious questions remain about whether PPP funds were equitably distributed to minority-owned businesses, and there is an alarming rate of small-dollar loans.” by Jake Johnson, staff writer Tuesday, July 7 The Kushner family, large chains backed…

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Progressive advocacy groups and unions plan to hold a nationwide day of action targeting Republican senators on July 8, 2020. (Image: MoveOn.org)
Posted in Bailout 2020 Common Dreams Coronavirus News Restart 2020

On Wednesday, Nationwide Day of Action to target GOP Senators for going on vacation as pandemic surges

‘They Are Failing’ “Millions of workers—essential and unemployed—do not have the luxury of a vacation and our elected officials are not entitled to take one during this crisis.” by Jake Johnson, staff writer Monday, July 6…

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Posted in Bailout 2020 Coronavirus News Pro Publica

Trump Administration discloses some recipients of $670 billion small business bailout

After resisting its release, the administration revealed information on companies that received more than $150,000 in PPP funds. by Paul Kiel and Justin Elliott Monday, July 6, 8:35-AM MST After months of delays and outright refusals,…

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Posted in Bailout 2020 Common Dreams Coronavirus News Restart 2020 Safety Net

Sanders calls on ‘Do-Nothing’ Senate to approve $2,000 monthly checks, cancel rent, and expand Medicare

“This I know: nothing will happen unless the American people stand up, fight back, and demand, in overwhelming numbers, that the Senate act.” by Jake Johnson, staff writer Monday, July 6 Sen. Bernie Sanders on Sunday…

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