Pelosi put the corporate lobbyist bailout in her new legislative proposal. https://docs.house.gov/billsthisweek/20200511/BILLS-116hr6800ih.pdf
This bill also lets wealthy people who make money from dividends and royalties claim the earned income tax credit, which is an anti-poverty provision.
The bill gives a tax cut to upper income blue state real estate owners for 2020 and 2021.
Even some of the good things are bad. There's an anti-price gouging provision. Except that it's enforced by the pro-price gouging Federal Trade Commission, and it seems to allow the FTC to block state attorney generals from bringing actions under this section.
Bailout for mortgage servicers. Cool cool.
And a bailout for landlords, though there are strings attached on evictions.
Rather than just extending Medicare to the unemployed, this bill subsidizes private insurance via COBRA. What would we do if health insurance monopolies didn't get benefits?
A Fed bailout of debt collectors. Cool cool. https://twitter.com/steelewheelz/status/1260288795808686081
This is one of those ideas which sounds really good in a world where (a) debt collectors are honest and rely on credible documents (b) debtors always know their rights and (c) the Fed is great at lending facilities that help normal people. https://twitter.com/steelewheelz/status/1260288795808686081
Weakening Section 8 tenant protections? Check. https://twitter.com/amandalfischer/status/1260312881226276866
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