Truthout
Economy
The Richest 500 People in the World Added $1.8 Trillion to Their Wealth in 2020
The wealthiest people in the world made historic income gains in 2020 as most people struggled to afford rent and food.
People in Debt Have Formed a Union to Fight Back
The Debt Collective is urging President-elect Biden to cancel all student debt "because it’s the moral thing to do.”
Only Six Senate Democrats Voted Against Advancing $740 Billion Pentagon Bill
The vote effectively kills the prospect of a vote on $2,000 direct payments before the next Congress.
McConnell Is Pushing Poison Pill Legislation to Tank $2,000 Checks
The effort comes after blocking a vote on a House-passed bill that would provide $2,000 direct payments.
Bernie Sanders Vows to Filibuster Military Budget to Force Vote on $2,000 Checks
Though Sanders can't ultimately stop the veto override, he can force the Senate to stay in session until the New Year.
Sanders Says Trump Must Get GOP to Stop Blocking $2,000 Relief Checks
The House on Monday will attempt to pass legislation to increase the direct payments in the aid measure to $2,000.
Members of Congress Profited From Paycheck Protection Program
This data comes as Congress passes a meager $600 relief check for ordinary workers.
Trump’s Intervention Puts Flawed But Necessary COVID Relief Bill at Risk
President Donald Trump's attempt at sabotage could derail congressional efforts to protect the economy.
The Insufficient COVID Stimulus Must Not Be Followed by Austerity
Critics say the $900 billion relief package does not go far enough in providing direct aid to those in most need.
Green Social Democracy Offers the Most Viable Path Toward a Sustainable Future
A green social democracy offers a way out of economic and climate crises, says economics professor David Kotz.