For Immediate Release: May 13, 2020 

Press Contact: Robyn Shapiro, rshapiro@economicliberties.us   

Economic Liberties Outlines Progressive Reforms for Next COVID-19 Relief Package 

Washington, D.C. – After House Democrats introduced the HEROES Act, the American Economic Liberties Project today released “What Progressives Must Demand in a COVID-19 Relief Package,” a new policy quick take on corporate power that explains what the HEROES Act gets wrong and what Congress must do to revise the misguided proposal.  

Although House Democrats’ latest proposal includes important programs, such as aid to states and localities, unemployment insurance, nutrition assistance, and hazard pay, like the CARES Act, the HEROES Act also encourages the consolidation of corporate power. Without measures to constrain this corporate power, additional aid to workers, consumers, and small businesses will ultimately end up in the hands of banks, monopolies, and big landlords, creating a society that is even more unequal and undemocratic.  

Economic Liberties’ latest quick details structural solutions designed to rebuild the long-term economic institutional capacity we need to support both public health and economic stability and security. 

Read “What Progressives Must Demand in a COVID-19 Relief Package” here. 

Read Economic Liberties’ statement on the HEROES Act here.  

 Learn more about Economic Liberties here.    

### 

Economic Liberties works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. AELP believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.