Posts Tagged Covid Stimulus Watch

Dec
29
2021

How We Work to Eradicate Corporate Rule

Corporate subsidies drain billions from public schools. Companies fined billions by regulators – here and abroad. States hide billions in pandemic-relief… we’re on it! And we can do even more with your support.
Arlene here, wrapping up my first full year with Good Jobs First. I barely know where to start, so let’s dive in!

Dec
23
2021

New Year’s Resolutions: Our Five Wishes for States’ ARPA Transparency

We can make New Year’s Resolutions for other people, right? Because I’m about to make some for the good people across the country who will continue spending about $500 billion in CARES Act and American Rescue Plan Act (ARPA) money, well into 2022.

Oct
12
2021

Rescue Plan Showers States and Localities with $350 Billion; Tax Cuts or Building Back Better?

In addition to aid like unemployment insurance and business loans, Uncle Sam is disbursing hundreds of billions to help the economy recover from impacts caused by a global pandemic and widespread economic shutdown. The Delta variant has sparked renewed hardships. 

Sep
17
2021

Private Equity-Backed Companies Add to List of Unnecessary CARES Act Recipients

A new report from three government watchdog groups reveals a stunning figure: companies controlled by private equity firms received approximately $5.3 billion in federal CARES Act funding. Sadly, PE portfolios are not the only beneficiaries with deep pockets that got money from a relief package that was supposed to help small, struggling businesses and keep workers on the job.

Sep
2
2021

Big Bucks, Vague Rules: States Fail to Disclose their CARES Act Spending

As part of the $2.2 trillion pandemic relief CARES Act enacted in spring 2020, states received $150 billion in general assistance via the Coronavirus Relief Fund. Within limits tied to the pandemic, the Relief Fund is meant to be flexible, and allowing states, U.S. territories, and tribal governments to direct money where it is most needed. So how is that money being spent? States have been inconsistent in reporting. One positive outlier: Alabama.