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Trump & Senate Republicans to Propose Nothing But Corporate Wish List in Next COVID ‘Relief’ Package

JULY 23, 2020

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Trump & Senate Republicans to Propose Nothing But Corporate Wish List in Next COVID ‘Relief’ Package

WASHINGTON, D.C. — Today, the White House and Senate Republicans released an initial draft of their response to the HEROES Act. And in classic fashion, their plan includes next to nothing for working people, but a whole wish list of policies for corporations and billionaires. Meanwhile, the HEROES Act passed the House of Representative two months ago. The Senate could have just voted on it right away, which would have allowed unemployed Americans to breathe a sigh of relief knowing that the federal unemployment insurance they’ve been relying on would continue. Instead, that relief expires at the end of this month, and Mitch McConnell did as Mitch McConnell does: He sent the HEROES Act to his legislative graveyard.

As of this morning, the Trump administration and Senate Republicans are pushing corporate immunity for businesses that put their employees and customers at undue risk, slashing pandemic unemployment assistance, and repealing the SALT deduction cap to help the ultra-wealthy hoard even more wealth during this recession.
Notice anything missing? Oh, right — direct aid for the American people.
Sen. Mitch McConnell added insult to injury by essentially conceding that Senate Republicans wouldn’t actually be moving any legislation until August.
“Bad policy at a glacial pace? That sounds about right for this president and Senate Republicans,” said Tax March Executive Director Maura Quint. “The Senate is set to give more than 30 million people a massive pay cut in the midst of a pandemic and a recession. In just the last week, another 1.4 million people filed for unemployment. McConnell’s and Trump’s insistence on taking away their desperately needed income is a direct attack on vulnerable and hurting families.”
Tax March is here to remind the president and his friends in the Senate that taxpayer money must prioritize working-class families. Three months ago, Tax March released our Dos and Don’ts for the fourth coronavirus relief package. And we kept it easy for lawmakers — our Dos and Don’ts remain the same for this package.
  • Continue fully funding expanded unemployment benefits — the extra $600 per week has been a lifeline for the more than 50 million Americans who have lost their jobs or income during this pandemic.
  • Protect our frontline workers with hazard pay and protective equipment, fund state and local governments, and prioritize direct relief to people instead of corporations.
  • Include accountability measures for public funds — millions of dollars from the Paycheck Protection Program went to large corporations, Trump’s friends and lobbyists, and billionaires.
  • Pass blanket corporate immunity — shielding corporations from taking lifesaving precautions would expose thousands of employees to unsafe working conditions.
  • Repeal the SALT cap — the current cap on state and local taxes (SALT) is actually a tax on the rich. Overturning this provision would mean 96 percent of this tax cut goes to the highest-earning 20 percent of households, not struggling Americans.
  • Slash pandemic unemployment assistance from the current $600 per week to just pennies on the dollar.
Leaders must prioritize the American people in this next package, instead of the wealthy and powerful. President Trump, Sen. McConnell: We hope you’ve learned something since the last relief bill.

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