Alexandria Ocasio-Cortez Wants to Tax the Rich to Get Stimulus Money Back

Lawmakers are poised to pass a historic $2 trillion stimulus package, but progressives like New York Rep. Alexandria Ocasio-Cortez say that isn’t enough.

The stimulus bill introduced by Senate Republicans last week would provide up to $1200 for Americans making less than $99,000 per year and offer hundreds of billions of dollars in loans to corporations and small businesses.

But it’s not just progressives who want more than that. Senate Minority Leader Chuck Schumer announced last Friday that Democrats won’t sign any bill that doesn’t ban stock buybacks for companies that take government aid, includes extra funding for rural hospitals, and other measures.

 

Eliza Relman of Business Insider writes that if the Senate bill is made law as is without adding the Democrat’s wish list, it is just a “down payment” on what will be needed to prop up the economy “as the pandemic ravages the country.”

Seeing the debate over stimulus money as an opportunity to push her ‘Green New Deal,’ Ocasio-Cortez tweeted, “In the short term, we need emergency measures to get people through. Long term we should consider using current interest rates & make sweeping investments that create millions of jobs decarbonizing our economy, from [infrastructure] to [education]. The GND was written as a stimulus for people + planet.”

Watch the video to learn the outrageous way Ocasio-Cortez thinks America could afford her stimulus ideas.


Most Popular

These content links are provided by Content.ad. Both Content.ad and the web site upon which the links are displayed may receive compensation when readers click on these links. Some of the content you are redirected to may be sponsored content. View our privacy policy here.

To learn how you can use Content.ad to drive visitors to your content or add this service to your site, please contact us at [email protected].

Family-Friendly Content

Website owners select the type of content that appears in our units. However, if you would like to ensure that Content.ad always displays family-friendly content on this device, regardless of what site you are on, check the option below. Learn More