Truthout
Economy
AOC and Rashida Tlaib Urge Biden to Dump Trump’s Fed Chair
Critics say Jerome Powell's track record on climate and financial regulation should disqualify him from staying on.
Supreme Court Ruling Against Eviction Moratorium Could Facilitate Surge in COVID
The decision reveals once again that the institution does not serve the interests of working people.
Cori Bush Urges Congress to Act as Supreme Court Ends Eviction Moratorium
“We didn't sleep on those steps just to give up now,” said the Missouri Democrat.
Biden Boosted Food Stamps. Let’s Do the Same to All US Anti-Poverty Programs.
Changing the landscape of poverty and inequality calls for increased public benefits paid for with tax revenues.
The Real Impact of the $1.2 Trillion Infrastructure Bill Will Be Felt Locally
For decades, many localities have preferred to cut taxes and defer needed improvements to infrastructure.
Biden Forgiving Student Debt of Disabled People, Totaling $5.8 Billion
The administration is simplifying an existing program that allows totally disabled people to have student debt forgiven.
Executives Cut Their Own Salaries to Save Even More on Taxes Under Trump Law
Some business owners used a loophole in the Trump tax cut to reclassify their wages as profit, reducing their tax bill.
Corporate Property-Buying Spree May Make Housing Even Less Affordable Amid COVID
Corporate investors have been buying up homes from landlords unable to maintain their properties without rental income.
Trump’s Tax Cut Helped 82 Ultrawealthy Households Save More Than $1 Billion
The millions spent on campaign donations and lobbying for the cuts are minuscule compared with the savings of the rich.
Credit Rating Agencies Have Punished Poor Nations for COVID-Related Spending
Rating systems have penalized Ethiopia and Morocco for seeking increases to public spending or debt relief amid COVID.