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Senate Republicans Allow Vital Jobless Benefits To Lapse, Then Flees Capital

Reprinted with permission from Alternet

Despite the pandemic-induced recession, millions of jobless Americans have been kept afloat by an uncharacteristically generous act of Congress. In addition to their state's usual unemployment payments — usually a fraction of their previous wages — Americans have been eligible to receive and additional $600 a week, desperately needed support for people who saw their incomes crater.

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Trump Cronies Got Stimulus Loans While Black-Owned Businesses Went Under

According to a report released last week, a huge number of the nation's Black-owned businesses have shuttered due to the COVID-19 pandemic. Economic stimulus funds that were intended to keep minority-owned small businesses alive did not get to them in time or at all, leaving their owners with no other options.

Some 440,000 of the country's roughly one million Black-owned companies have closed for good since the start of February, CBS News reported on Friday. The report noted that the vast majority of those companies that sought emergency relief funding through the federal Paycheck Protection Program were initially rejected — one analysis found that 95% of black-owned business were excluded.

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Betsy DeVos Using Pandemic To Strip Funding From Public Schools

This article was produced by Our Schools, a project of the Independent Media Institute.

As American deaths from COVID-19 surpassed 100,000, the New York Times reported that Secretary of Education Betsy DeVos declared her intention to "force" public school districts to spend a large portion of federal funds they're receiving through the Coronavirus Aid, Relief, and Economic Security (CARES) Act on private schools.

Going beyond the traditional practice of education secretaries to issue guidance on how states should interpret federal law, she now wants to write the laws herself.

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Billionaires Got Much More Than That $1200 CARES Check

Reprinted with permission from ProPublica.

Do you want to see how legislation that was supposed to be a bailout for our economy ended up committing almost as much taxpayer money to help a relative handful of the non-needy as it spent to help tens of millions of people in need? Then let's step back and revisit parts of the Coronavirus Aid, Relief and Economic Security Act and look at some of the numbers involved.

The best-known feature of the CARES Act, as it's known, is the cash grant of up to $1,200 per adult and $500 per child for households whose income was less than $99,000 for single taxpayers and $198,000 for couples. These grants are nontaxable, which makes them even more valuable. Some 159 million stimulus payments have gone out, according to the IRS.

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