On the recordMarch 25, 2020
let me be very honest and tell you that there is much in this bill--and we have not yet seen the printout yet-- that I am concerned about. I am especially concerned that the administration will be able to spend $500 billion in virtually any way they want--any corporation they want--with virtually no strings attached. The American people, at a time of massive income and wealth and inequality, do not want more corporate welfare, and they do not want policies that will allow corporations in some cases to receive loans or grants and then do stock buybacks to enrich their stockholders, provide dividends, or maybe raise the compensation benefits of their already wealthy CEOs. What the American people want right now is for us to use our taxpayer dollars in every way we can to protect the working families of this country, to protect the middle class, to protect the 50 percent of our people who are living paycheck to paycheck. As we speak tonight, half of our people in this country--in the richest country in the history of the world--are living paycheck to paycheck. They wake up in the morning, and they are saying: Do you know what? I can barely make it on the paycheck I got because I am making 12, 13, 14 bucks an hour, and now that paycheck has stopped. How am I going to pay my rent? How am I going to put food on the table for my kids? How am I going to make sure the lights remain on? How am I going to pay my student debt? How am I going to pay my credit card debt?…
Source
govinfo.gov




