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Statement from Rep. Peter DeFazio on Senate Republicans’ Coronavirus Economic Relief Package

Mar 23, 2020
Press Release

Rep. Peter DeFazio today released the following statement on the Senate Republicans’ Coronavirus economic relief package, which failed by a vote of 49-46:

“The Republicans unveiled a package yesterday which echoes the TARP bailout of Wall Street in 2008—period. I opposed TARP then—I will oppose anything now that resembles that, period. Treasury Secretary Mnuchin, formerly a Goldman Sachs executive, wants $500 billion that he can secretly disburse to any corporation as he sees fit—period. Democrats are introducing a package that will get assistance to the workers – the people who make those corporations great, to small businesses, individuals—and will include food aid, medical aid, and all the things we need to do. We have a better plan. Let’s not repeat the mistakes of the past.”