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Opinion Elizabeth Warren: We need a grassroots stimulus package

23:20  16 march  2020
23:20  16 march  2020 Source:   cnn.com

'SNL': The Real Elizabeth Warren Joins Kate McKinnon's Elizabeth Warren for Cold Open (Video)

  'SNL': The Real Elizabeth Warren Joins Kate McKinnon's Elizabeth Warren for Cold Open (Video) Kate McKinnon pulled double duty in this week's "SNL" cold open as she began the sketch playing Laura Ingraham and ended it playing Elizabeth Warren — while she stood next to the real Elizabeth Warren. Y ou can check out Warren's full appearance in the sketch right here.Please welcome Sen. Elizabeth Warren to The Ingraham Angle. #SNL pic.twitter.

Sen. Elizabeth Warren told CNBC's Jim Cramer she wants a targeted, "big stimulus package " that doesn't "disproportionately" advantage "rich folks."

CNN's MJ Lee reports on Democratic presidential candidate Elizabeth Warren 's 2020 grassroots campaign strategy.

Editor’s note: The opinions in this article are the author’s, as published by our content partner, and do not necessarily represent the views of MSN or Microsoft.

a crowd of people: GLENDALE, CALIFORNIA - MARCH 12: People wait in line to enter a Costco Wholesale store before it opened in the morning on March 12, 2020 in Glendale, California. Once the store opened, the line moved smoothly and most people were able to enter to make purchases within about 15 minutes. Some Americans are stocking up on food, toilet paper, water and other items the day after the World Health Organization (WHO) declared Coronavirus (COVID-19) a pandemic. (Photo by Mario Tama/Getty Images) © Mario Tama/Getty Images GLENDALE, CALIFORNIA - MARCH 12: People wait in line to enter a Costco Wholesale store before it opened in the morning on March 12, 2020 in Glendale, California. Once the store opened, the line moved smoothly and most people were able to enter to make purchases within about 15 minutes. Some Americans are stocking up on food, toilet paper, water and other items the day after the World Health Organization (WHO) declared Coronavirus (COVID-19) a pandemic. (Photo by Mario Tama/Getty Images)

The coronavirus relief package awaiting a Senate vote should not be delayed, and we must pass it immediately. But we need to do more.

See who's eligible for coronavirus checks under Senate GOP plan

  See who's eligible for coronavirus checks under Senate GOP plan The direct payments to many Americans will be means tested based on their income.Under the plan, the details of which were revealed on the Senate floor by Majority Leader Mitch McConnell, R-Ky., individuals making up to $75,000 annually would be eligible for a $1,200 check from the federal government.

Warren 's advisers say their strategy is about building a solid foundation for the long-haul. The time saved by skipping glitzy fundraisers and call times with deep-pocketed donors is being invested in more organizing events and town halls, they say.

Massachusetts Senator Elizabeth Warren has dropped out of the 2020 Democratic presidential primary. Warren released a statement via Twitter on Thursday vowing to continue the “righteous fight,” and shared a transcript of a call with her staff in a Medium post.

The US is heading toward a recession, and Speaker Nancy Pelosi has already announced plans for an additional emergency response package. This is the right approach. We must act quickly to enact a major fiscal stimulus package that wards off economic disaster. This legislation must meet the challenge of the crisis we face by taking the next steps crucial to safeguarding our public health, including truly universal paid leave. And it must learn from the lessons of our response to the 2008 financial crash.

During 2008, I watched first-hand as our government offered a no-strings-attached bailout to the same giant banks that had driven our economy over a cliff. Meanwhile, the government did too little for most homeowners facing foreclosure. In the years that followed, the big banks quickly returned to profitability, while countless American families struggled to recover.

Senate's coronavirus package would be worth more than $2 trillion - White House adviser

  Senate's coronavirus package would be worth more than $2 trillion - White House adviser The coronavirus stimulus package being negotiated by the U.S. Senate would be worth more than $2 trillion, White House economic adviser Larry Kudlow.

By Elizabeth Warren . Growing up, my dream was to become a teacher. And I knew that if I wanted to teach Provide an enormous middle-class stimulus that will boost economic growth, increase Like K-12 education, college is a basic need that should be available for free to everyone who wants to go.

ElizabethWarren .com is the official website of Warren for President. Sign up now to join our grassroots team. Video montage of Elizabeth Warren speaking to and meeting with supporters across the country and supporters rallying a crowd outside of an event in Iowa.

We can do better this time.

First, this stimulus must be large enough to match the challenges that families and communities face. In 2008, the stimulus package was too small, too tilted towards ineffective tax cuts and too unwilling to make the structural changes needed to address serious damage to our economy. Once economists figured this out, Congress refused to pass another stimulus bill. The economic fallout was predictable: a sluggish recovery that left too many working families behind. Based on the latest projections of the likely economic harm of coronavirus, I have called for an immediate $750 billion stimulus -- roughly 3.5% of GDP.

Next, the federal government should focus on recovery from the grassroots up, not Wall Street down. This means focusing on helping people directly, and, in doing so, addressing the gaping holes in our economy that leave families one lost paycheck away from defaulting on their mortgage, car, credit card or student loan payments.

McConnell sets second coronavirus vote for shortly after markets open

  McConnell sets second coronavirus vote for shortly after markets open Senate Majority Leader Mitch McConnell (R-Ky.) will try again on Monday to advance a mammoth coronavirus stimulus package, setting the vote for shortly after the markets open. "Here's the way ahead, colleagues. We're going to vote at 9:45 in the morning, the same vote we had at 6 p.m. tonight. We're going to vote at 9:45 in the morning, 15 minutes after the markets open, and see whether there's a change of heart," McConnell said on Sunday"Here's the way ahead, colleagues. We're going to vote at 9:45 in the morning, the same vote we had at 6 p.m. tonight. We're going to vote at 9:45 in the morning, 15 minutes after the markets open, and see whether there's a change of heart," McConnell said on Sunday night.

Warren Home. Meet Elizabeth . Plans . Contact Us Toolkit Grassroots Donor Wall Fact Squad.

Elizabeth Warren . December 7, 2019 ·. As the murder of journalist Jamal Khashoggi shows, a free press poses a powerful threat to authoritarian regimes like Saudi Arabia. We should protect the work of journalists. That’s why Donald Trump’s attacks on our press are so troubling—he’s trying to

Direct help begins by closing the gaps in the paid leave policies already approved by the House so that all workers have access to this critical benefit.

Direct help also means increasing Social Security benefits checks by $200 a month. That would send vital financial help to seniors and people with health conditions that make them more susceptible to Covid-19, while boosting the economy far more effectively than tax cuts.

A grassroots stimulus package should also include broad cancellation of student loan debt. The last economic crisis hit young people hard, plunging them deep into crushing student debt and pushing them into a historically weak job market. Temporarily suspending interest, as the President did last week, fails to right that generational wrong and only delays the pain for students. If the President won't act on his own, Congress should include student debt cancellation in a stimulus package.

Direct help to families also means confronting the short- and long-term costs of housing. No family should lose their home during a pandemic. Congress should immediately halt evictions in federally subsidized, backed or insured housing, institute a moratorium on all foreclosure proceedings, increase funding for homelessness services and create a new program to allow homeowners to delay or modify their mortgage payments during disasters. This is also the moment to invest in affordable housing construction and rehabilitation, which will stimulate the economy and create jobs in the short term, while lowering rents in the long term.

Any stimulus package must also pass an important test: federal money that goes to big corporations or specific industries must be used to help their employees. Funds must come with strings attached to ensure that the money goes to maintain payroll, not to enrich shareholders or pay executive bonuses. Giant corporations that receive substantial loans from taxpayers should be required to set aside one or more board seats for a representative elected by the company's workers. Violations should trigger criminal penalties and clawbacks.

When the 2008 financial crisis hit, the federal government responded with a bankers' bailout. The rich and powerful got richer and more powerful. We should learn from the past and meet the challenges of this pandemic head-on, this time to deliver meaningful, grassroots relief directly to American families.

Dax again above the 10,000 point mark .
After its crash in the Corona crisis, the Dax made up ground again and reached the 10,000 point mark on Wednesday. © Photo: Fredrik von Erichsen / dpa The Dax is the most important stock index in Germany. Most recently, the leading German index gained 3.52 percent to a level of 10,042.32 points. Measured at the crisis low of 8255 points reached at the beginning of the previous week, the stock market barometer has thus recovered by almost 22 percent.

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