“The last recession was brutal for newspapers and local news. The next one could be an extinction-level event.”
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The expiration of the expanded unemployment benefits passed as part of “The Coronavirus Aid, Relief, and Economic Security Act” (the CARES Act) is imminent. The Federal Pandemic Unemployment Compensation program provided those eligible with an extra $600 a week in unemployment benefits, money in addition to state benefits which typically replace 30 to 40 percent of people’s wages. The refusal of Republicans in Congress to extend the weekly $600 benefits will mean that some 25 million people will see their incomes slashed in the midst of a global pandemic and economic downturn. In material terms, the effect of this, coupled with the imminent expiration of the federal eviction moratorium, will be devastating.
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Crisis Pregnancy Centers are actually fake women’s health centers pushing anti-abortion agendas.
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Our data show that Americans are increasingly reporting having personal experiences with coronavirus illness among their friends and family
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The coronavirus has had an undeniably massive toll on the United States’s economy during the first half of 2020. The national unemployment rate for June was 11.1 percent, a sharp increase from the low 4 percent rate the Trump Administration touted pre-coronavirus. While Congress passed the bipartisan CARES Act on March 25th, which included stimulus checks and expanded unemployment benefits for many Americans, experts agree this is far from the last action the federal government will need to take to ease the economic impact of the coronavirus.
Economic Experts also agree that targeted interventions, such as stimulus checks, have the potential to leave certain groups behind. Furthermore, our current unemployment insurance system is designed to incentivize job-seeking by replacing only part of an individual’s lost income. Making matters worse, the temporary expanded unemployment insurance program is set to expire at the end of July.
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For years, boosting the military budget has been a bipartisan priority in Congress, with little accountability for how that money is spent.
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$740 billion. That’s how much Congress is on track to approve for the defense budget in 2021.
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On Tuesday, affordable housing and residential segregation emerged as yet another stark contrast between the Democratic and Republican parties heading into the 2020 election.
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Data for Progress asked registered voters for their opinion on proposals concerning federal, coronavirus-relief funds that had been earmarked for corporations and whether that money should be reallocated toward other, progressive ends.
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If history has taught us anything, it’s that Black people, particularly Black women, are among the last to recover from economic recessions, and the last to reap economic benefits during periods of recovery or growth.
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Today, former Vice President Joe Biden released two new plans, building on his “Build Back Better” platform and updating the climate plan first released by his campaign last year.
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One in four people in America is unbanked or underbanked.
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