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What Is In Congress’ $2 T Coronavirus Stimulus Bills?

Summary:
Sonali Kolhatkar speaks with Dean Baker, the senior economist at the Center for Economic and Policy Research, Baker also is the co-founder. He is the author of several books, including Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer. His blog, Beat the Press, provides commentary on economic reporting. His analyses have appeared in many major publications, including The Atlantic Monthly, the Washington Post, the London Financial Times, and the New York Daily News. The US Senate has spent days wrangling over the details of a massive trillion stimulus package to shore up the economy as the nation grinds to a halt to counter the spread of the coronavirus. Democrats are blaming Republicans for wanting to reward corporations through a

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Sonali Kolhatkar speaks with Dean Baker, the senior economist at the Center for Economic and Policy Research, Baker also is the co-founder.



He is the author of several books, including Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer.



His blog, Beat the Press, provides commentary on economic reporting. His analyses have appeared in many major publications, including The Atlantic Monthly, the Washington Post, the London Financial Times, and the New York Daily News.



The US Senate has spent days wrangling over the details of a massive $2 trillion stimulus package to shore up the economy as the nation grinds to a halt to counter the spread of the coronavirus.



Democrats are blaming Republicans for wanting to reward corporations through a $500 billion “slush fund” as they have called it.



While Republicans have accused Democrats of delaying tactics while nervous American workers await help from the government.



Less publicized has been the House version of a stimulus bill which includes bigger cash payouts to Americans, expanded paid sick leave requirements and even some sustainability conditions for the airline industry.



#Coronavirus #Covid19 #Stimulus #Economy #UnitedStates



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Dean Baker
Dean Baker is a macroeconomist and codirector of the Center for Economic and Policy Research in Washington, DC. He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He is a regular Truthout columnist and a member of Truthout's Board of Advisers.

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