Pelosi Backs Lobbyist Bailouts
May 8, 2020
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3:20Now PlayingPelosi Backs Lobbyist Bailouts
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as posted by the channelNancy Pelosi’s political career has been a failure for average Americans. Ana Kasparian and Cenk Uygur discuss on The Young Turks. Keep Hope (and TYT) Alive
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"Industries as varied as oil refining, construction, fast food restaurants, and chemical manufacturing are seeking federal cash to support their lobbyists in Washington, D.C.
Many of the largest lobbying forces are organized under the 501(c)(6) section of the tax code as trade groups. Corporations with similar concerns pool their money together to fund trade groups, which in turn employ thousands of lobbyists to shape elections and legislation on a daily basis. But the Paycheck Protection Program, the centerpiece of the small business rescue program, excluded such trade groups. That could change in the next round of stimulus legislation, which Congress is scheduled to debate later this month."
Hosts: Ana Kasparian, Cenk Uygur
Cast: Ana Kasparian, Cenk Uygur
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