Analysis: In passing the measure, Republicans and Democrats have gambled that the public will accept rescuing corporations currently caught in the coronavirus economic spiral.
" and judging that the measure was"the largest corporate bailout in American history, forever changes the relationship between government and the financial sector, and passes the cost along to the American taxpayer."
Still, liberals worry that the gulf between the rich and the poor will widen and deepen. Conservatives say the unemployment benefits are too generous and that the measure includes items that are superfluous to the crisis at hand. And special interests of all varieties are scouring the final text to see if they got what they wanted or were left in the lurch.
"I have significant reservations about many provisions in this bill that are antithetical to everything I believe in, but we're facing a crisis and this is the only option to get immediate help to small businesses and unemployed workers," Sen. Rick Scott, R-Fla., said in a statement after he and several colleagues failed to convince the Senate that the unemployment insurance provisions would create a disincentive to work.
One new feature of the coronavirus bill is authority for the Treasury secretary to accept warrants from companies seeking loans, which effectively give the government the potential to reap bigger benefits from companies that do well.
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