For Immediate Release: March 26, 2020

Press Contact: Robyn Shapiro, rshapiro@economicliberties.us

SENATE BILL BAILS OUT K STREET AND WALL STREET, FALLS SHORT FOR MAIN STREET

Washington, D.C. — The American Economic Liberties Project issued the following statement in response to the multi-trillion-dollar package passed by the Senate last night:

“The Senate bill passed last night is inadequate and ill-positioned to stop what appears to be an imminent economic depression,” said Economic Liberties Executive Director Sarah Miller. “Nearly 3.3 million Americans filed for unemployment benefits last week. But instead of making sure everyday families and small businesses get what they need to make ends meet, the Senate capitulated to K Street and Wall Street, prioritizing a $4 trillion slush fund with few strings attached,” added Miller.

“Workers and small businesses will need much more support than this bill offers, but they won’t get it if Congress continues to let big corporate interests set the terms of the debate,” said Miller. “Congress needs to do everything in their power, including aggressive oversight, to ensure money is quickly delivered to the people who really need it.”

Read the New York Times profile on Sarah Miller and Economic Liberties here.      

Learn more about Economic Liberties here.  

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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.