STATEMENT: CAP’s Neera Tanden: McConnell’s Bill Put Corporations Ahead of Workers; Now Is the Time To Pass a People-Centered Rescue Package

Washington, D.C. — Earlier today, the U.S. Senate rejected the revised “phase 3” stimulus bill proposed by Senate Majority Leader Mitch McConnell (R-KY). Following the 47-47 procedural vote, Neera Tanden, president and CEO of the Center for American Progress, released the following statement: Shame on any senator who voted for Leader McConnell’s ploy to put the wish lists of big corporations ahead of the needs of workers and families at this time...

STATEMENT: CAP’s Neera Tanden on Leader McConnell’s Coronavirus Phase 3 Legislative Proposal

Washington, D.C. — Neera Tanden, president and CEO of the Center for American Progress, released the following statement tonight reacting to Senate Majority Leader Mitch McConnell’s (R-KY) coronavirus "phase three" legislative proposal: The public health and economic crisis we now face is unprecedented. As governors and mayors carry out necessary but painful measures to stem the coronavirus...

Deficit and Debt Shouldn’t Factor Into Coronavirus Recession Response

COVID-19 represents both a public health emergency and an economic crisis. While federal, state, and local governments must take strong steps to stem the spread of the virus — from continuing to close schools, restaurants, and workplaces and limit the size of gatherings, to ensuring that everyone has access to health care and can be...

STATEMENT: New Plan To Provide Student Loan Debt Relief During Coronavirus Crisis Would Provide Immediate Relief, Stimulate the Economy

Washington, D.C. — Today, Sens. Chuck Schumer (D-NY), Patty Murray (D-WA), Sherrod Brown (D-OH), and Elizabeth Warren (D-MA) introduced a new plan to cancel a minimum of $10,000 in student loans to provide relief to borrowers amid the coronavirus national emergency declared by President Donald Trump last week. Under the proposal, the U.S. Department of...