As Covid Aid Languishes, Congress Moves Ahead With Massive Corporate Subsidies

Posted on AllSides May 11th, 2022
From The Left
Joseph Prezioso/AFP via Getty Images

On a bipartisan basis, Congress is moving ahead with legislation packed with tens of billions of dollars in subsidies for profitable U.S. tech corporations while a smaller but desperately needed coronavirus aid measure languishes, potentially compromising the Biden administration's ability to purchase next-generation vaccines and hampering the global pandemic fight.

Last week, the Senate voted on a range of nonbinding motions related to the United States Innovation and Competition Act (USICA), which has been billed as an effort to boost U.S. manufacturing and technological development to compete with China.

Different versions of the bill have...

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https://www.commondreams.org/news/2022/05/11/covid-aid-languishes-congress-moves-ahead-massive-corporate-subsidies

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