Democrats block bailout for Big Oil in coronavirus stimulus package
4 years, 9 months ago

Democrats block bailout for Big Oil in coronavirus stimulus package

Salon  

After more than a week of squabbling over what should go into the third coronavirus relief package, the White House and Senate leaders reached a compromise on Tuesday night. In the days leading up to this near-final bill, much of the debate centered around Democrats' attempts to include certain green provisions, like support for the struggling renewable energy industry, and a requirement that a bailout for airlines be contingent on emission reduction promises. The fight broke down into a sandbox tussle on Monday when Mitch McConnell accused Democrats of delaying relief for hospitals and struggling Americans in their pursuit of the Green New Deal, while Democrats argued that if the government was going to bail out the oil industry by purchasing $3 billion of oil for the Strategic Petroleum Reserve, why not help other hurting energy industries, too? The ideas range from the familiar, like creating green jobs in clean energy, construction, the food system, transportation, and manufacturing, to the creative, like expanding funding for the National Endowment for the Arts to support out-of-work artists and makers. There are layers of proposals within each of the umbrellas I just mentioned, like providing direct funding to transit authorities to help them through the slowdown, changing zoning regulations to promote dense development, providing no-interest loans for local governments to build parks, supporting indigenous farming practices and protecting native seeds, and ending fossil fuel subsidies and directing those funds to help workers transition to new jobs.

History of this topic

Coronavirus | Joe Biden’s COVID-19 rescue plan clears crucial Senate hurdle
3 years, 10 months ago
Letters to the Editor: Joe Biden needs to tell Republicans to get out of his way on COVID relief
3 years, 11 months ago
Democrats Determined To Avoid Their Old Mistakes With Big COVID-19 Stimulus
3 years, 11 months ago
House Passes $2,000 Coronavirus Stimulus Check Legislation
4 years ago
Congress approves new stimulus plan that includes checks for many Americans
4 years ago
Coronavirus-stimulus efforts pick up speed
4 years, 1 month ago
Party Leaders Keep Pretending A Coronavirus Deal Is Within Easy Reach
4 years, 1 month ago
A new coronavirus stimulus package looks unlikely until Biden administration
4 years, 1 month ago
White House says chances slim on pandemic aid deal before election
4 years, 2 months ago
Coronavirus Relief Package Not Coming Before Election
4 years, 2 months ago
White House, Democrats inch toward coronavirus stimulus package, including more checks
4 years, 2 months ago
COVID delay: New coronavirus relief slipping past election
4 years, 2 months ago
Trump says he wants a bigger coronavirus aid deal than Democrats
4 years, 3 months ago
Stimulus update: Trump abruptly scraps talks, punting on economic relief until after Election Day
4 years, 3 months ago
Greedy investors give the US Fed a thumbs down, eye more stimulus
4 years, 3 months ago
The Coronavirus Is Still Spreading, Trump And Congress Are Still Dithering
4 years, 6 months ago
Republicans pump brakes on new Covid stimulus spending
4 years, 7 months ago
Democrats push new $3T coronavirus relief bill through House
4 years, 7 months ago
Democrats push new $3 trillion coronavirus relief bill through House
4 years, 7 months ago
House Democrats approve $3-trillion coronavirus relief bill
4 years, 7 months ago
Highlights of Democrats’ $3 trillion-plus virus relief bill
4 years, 7 months ago
House Democrats Unveil $3 Trillion Proposal For Coronavirus Relief
4 years, 7 months ago
White House economic adviser says additional coronavirus stimulus package might not be necessary
4 years, 8 months ago
Coronavirus: Democrats block Trump's new stimulus package warning it is a 'political stunt' and not enough
4 years, 9 months ago
Lawmakers pitch pet priorities for next stimulus bill
4 years, 9 months ago
US Congress passes USD 2 trillion stimulus package to sail through coronavirus crisis
4 years, 9 months ago
America's $US2 trillion coronavirus emergency cash bill has passed the Senate, but the fight isn't over
4 years, 9 months ago
Column: The coronavirus bill is a big step toward stimulus that helps you, not corporate bigwigs
4 years, 9 months ago
US coronavirus relief bill hits snag in Senate, talks continue
4 years, 9 months ago
Senate Republicans unveil $1 trillion economic stimulus package to address coronavirus fallout
4 years, 9 months ago
Coronavirus Bailouts Shouldn't Reward Investors And CEOs, Democrats Say
4 years, 9 months ago
Congress and White House say blowing up deficit not a concern for coronavirus stimulus
4 years, 9 months ago
Coronavirus has forced politicians out of their ideological comfort zones
4 years, 9 months ago
Column: Trump’s tax cuts aren’t enough to address the crisis. We need a viral New Deal
4 years, 10 months ago

Discover Related