A progressive group is targeting GOP senators in four states for their votes supporting the 2017 tax bill that included billions in tax relief to many large corporations that are poised to receive more in bailout money from coronavirus legislation
A progressive group is launching a $1.2-million ad campaign targeting Republican senators in four battleground states for their votes supporting the 2017 tax bill that included billions in tax relief to many of the same large corporations now poised to receive billions more in bailout money from proposed coronavirus legislation.
Ads targeting Sen. David Perdue, R-Ga., will begin running in Atlanta-area markets on radio stations and on Pandora later this week. President Donald Trump’s 2017 tax bill, which Republicans said would help raise wages and spur hiring, actually ended up funding record stock buybacks by corporations. In stock buybacks, corporations use extra cash to buy back their own stock, which boosts the value of shares held by investors and overwhelmingly benefits company executives over workers.
And now, amid the sudden global economic downturn prompted by the coronavirus pandemic, many of those same large corporations are poised to receive billions of dollars in bailout cash from the federal government’s stimulus package.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
3 GOP Senators In Self-Quarantine Will Be Unable To Vote On Coronavirus ReliefAs Senate Republicans try to push through a $1.8 trillion relief bill -- another vote is planned for this morning -- Sens. Rand Paul, Mitt Romney and Mike Lee won't be able to vote. All are in self-quarantine after Paul's positive coronavirus test.
Leer más »
GOP Sen. Pat Toomey: New Fed action shows why the stalled coronavirus bill is 'so essential''The Fed is not allowed to lose money. That's why our legislation is so essential,' Sen. Patrick Toomey told CNBC on Monday.
Leer más »
Senate GOP coronavirus bill aids U.S. transit, airports but loans not cash for airlinesA Senate Republican coronavirus stimulus package would provide financial aid to ...
Leer más »
Senate GOP coronavirus bill aides U.S. transit, airports but loans not cash for airlinesA Senate Republican coronavirus stimulus package would provide financial aid to ...
Leer más »
Two GOP Senators Follow Rand Paul to Quarantine After Diagnosis(Bloomberg) -- Two other Republican U.S. senators said they’ll go into self-quarantine after Rand Paul of Kentucky announced on Sunday that he’d tested positive for Covid-19. The moves by Senators Mike Lee and Mitt Romney of Utah have thrown a wrench into efforts by the Senate to pass a massive coronavirus
Leer más »
Coronavirus Stimulus Bill Snags As Five GOP Senators Enter Self-QuarantineAdding to the expected complications of passing one of the largest stimulus bills in U.S. history, on Sunday Kentucky Senator Rand Paul tested positive for the coronavirus
Leer más »