100 signatures reached
To: House Speaker Nancy Pelosi
No Bailout for Plastic Industry
The plastic industry wants Congress to give it a $1 billion bailout during the coronavirus pandemic. The industry was promised a whopping $500M in November in the RECOVER Act. This coalition of companies asking for taxpayer support—while millions of Americans have lost their jobs and are worried about how they'll feed their families—includes 60 publicly held companies with a combined revenue of $2.7 trillion and net profit of $210 billion.
Congress must provide relief to the 30M out of work and struggling Americans who, through no fault of their own, are in desperate condition having to line up for food, not able to pay rent or mortgages... Shocking in the richest nation.
Congress must provide relief to the 30M out of work and struggling Americans who, through no fault of their own, are in desperate condition having to line up for food, not able to pay rent or mortgages... Shocking in the richest nation.
Why is this important?
I agree with the Fed Reserve Chairman Jerome Powell (appointed by the current president), that Congress must keep these millions of people in their homes with food in their refrigerators. This once in a 100 yr catastrophe is custom made for government help. $3T is generous and appropriate. Now we must keep the funds moving the country forward.