“At a time when over half of the people in this country live paycheck to paycheck,” the Vermont senator wrote, “should we really be providing a multibillion-dollar taxpayer bailout for Bezos to fuel his space hobby?” Sen. Bernie Sanders took to the pages of The Guardian on Friday to inveigh against legislation currently before Congress that, if approved, […]
“It’s time to stop subsidizing them and start facing the climate crisis,” says a BailoutWatch analyst. Bolstering arguments against providing further public benefits to the fossil fuel industry, a BailoutWatch analysis published Friday reveals that 77 companies got a collective $8.24 billion tax bailout last year, then laid off tens of thousands of employees. The tax benefits […]
“This is a frightening amount of public money to have given a corrupt administration with zero accountability.” Progressive lawmakers on Friday evening denounced President Donald Trump’s intention to disregard provisions in the just-passed coronavirus relief bill that would provide crucial oversight of $500 billion in taxpayer money already poised to be a “Wall […]
Debt-wracked Greece asked its European neighbors for a new three-year bailout Wednesday, pledging to “immediately implement” tax and pension reforms. Greek Prime Minister Alexis Tsipras told the European Parliament in Strasbourg that Athens would produce “new concrete proposals” by Thursday to meet the demands of European leaders who’ve grown weary of Greece’s debt crisis. With […]