coronavirus stimulus – Page 2

It undermines Social Security by reducing contributions. The economic crisis will already accelerate the time frame for when Social Security will not be able to pay all benefits.
It only helps people who are working and paying the tax. It doesn’t help the massive amount of unemployed people who need the money the most.

Give Americans who can't work a tax break on the money they can't earn. Brilliant https://t.co/pTAqKoABh2
— Paul Krugman (@paulkrugman) May 19, 2020

Trump wants 7.6% payroll tax cut to help staunch coronavirus economic pain: Kudlow https://t.co/ik0XTmVh9f
— Heather Timmons (@HeathaT) May 19, 2020

30M people have lost their jobs & a payroll tax cut won't do a damn thing to help them. https://t.co/stOJ15n7Ou
— Jesse Lehrich (@JesseLehrich) May 4, 2020

Reminder that payroll tax cuts don't help the tens of millions of people who no longer have a job. Not to mention that this would also deplete the Social Security funds that our seniors rely on.https://t.co/oimjmzutRF
— Cory Booker (@CoryBooker) May 7, 2020

Trump pushes payroll tax suspension unlikely to help unemployed, experts say https://t.co/YncZmiUzTk pic.twitter.com/W0xgxvny5Z
— Yahoo News (@YahooNews) May 3, 2020

[narrator] economists don't actually agree with him.

Payroll tax cuts are too slow and poorly targeted. https://t.co/fxMjNPsvt1
— Justin Wolfers (@JustinWolfers) April 28, 2020

NEW: Public school districts have been told to reserve money, intended to help low-income children, for private schools https://t.co/F87Db24M2I
— The Daily Beast (@thedailybeast) May 16, 2020

Lot of interest in DeVos stimulus story today. For more great coverage, please see:
From:@ElissaNadworny: https://t.co/nHBsIggxHd
From @Kery_Murakami: https://t.co/zFMBeoW8Yt
From @matt_barnum: https://t.co/xx14qZuK9D
From @AndrewUjifusa : https://t.co/3B2dTJi6kx
— Erica L. Green (@EricaLG) May 16, 2020

Secretary Betsy DeVos is using the $2 trillion stimulus bill to boost private and religious schools that she has long supported.

The funds were primarily intended for public schools.https://t.co/NQBOZ1LVkI
— Citizens for Ethics (@CREWcrew) May 15, 2020

“Public schools have faced 3 distinct challenges since pandemic began: scrambling to make sure poor kids don’t go hungry, teaching students remotely who lack internet & bracing for dramatically smaller budgets.” DeVos’ new directive will make all 3 worse. https://t.co/AGWLqhrnnU
— Derek W. Black (@DerekWBlack) May 16, 2020

How Betsy DeVos’s handling of relief funds hurt some of the country’s neediest schools, students https://t.co/nAVIPN6UmP
— The Washington Post (@washingtonpost) May 13, 2020

Category: coronavirus stimulus

More on why cutting the payroll tax is a bad idea

DeVos is using stimulus funds to help favored private and religious schools