This time aimed a refilling a largely hijacked-by-corporate-welfare-overlords paycheck programme; beefing up monies for hospitals, testing, and other essential items during this tough time in America. On Thursday, House and Senate officials passed a massive $480B spending bill that hopefully this time won’t be abused by big business. But that likely won’t be enough for an American society deeply hurt by the Coronavirus outbreak.
The new bill infuses an additional $310B into the PPP; an additional $10B for admin costs, $60B for the Economic Injury Disaster Loans Program (which covers forgivable grants to small biz), $75B so hospitals can stop whining that their revenues are falling (even in the midst of an argument that some aren’t paying health professionals enough/more/or flat out firing them.)
The bill also appropriately features $11B worth of funds aimed at testing; tracing efforts (despite mass privacy concerns), and other related things. Progressives were quick to come out against the bill demanding more, notably even AOC voted against it.
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