Washington, DC, May 11, 2020—Covid Stimulus Watch, the website created by Good Jobs First to help monitor CARES Act aid to corporations, has just grown tenfold with the addition of 5,000 entries involving healthcare providers. The new entries are an enhanced version of a recipient list posted late last week by the Department of Health and Human Services for the Provider Relief Fund created by the CARES Act.
Washington, DC, May 4, 2020--Among the limited number of corporations yet known to have been awarded federal loans under the Paycheck Protection Program, at least 16 pay their workers less than the national median household income level. Five pay so wages to low they fall below the poverty line for a family of four.
Washington, April 30, 2020—Amid continuing controversy over some of the companies receiving federal financial assistance under the Paycheck Protection Program, a new website launched today makes it easier to see the accountability track records of companies getting help through the PPP and the other programs authorized by the massive CARES Act.
Washington, DC, April 27, 2020 – Good Jobs First – a non-profit, non-partisan research center focusing on economic development accountability – today published the second half of a 13-state report “Putting State Pension Costs in Context.” The report found that Colorado, Georgia, Louisiana, Missouri, South Carolina, Texas, and Vermont together spend more than $17 billion per year in development subsidies and tax breaks for corporations, about five times the states’ yearly pension obligations.
Good Jobs First, which has for four years been urging governments to stop subsidizing Amazon.com, Inc., today renewed its call in light of the sales windfall the online retailer is reaping from the COVID-19 pandemic. Instead of more tax breaks, Amazon should refund past subsidies and rescind future tax breaks in order to help governments cope.