Former Republican presidential candidate Carly Fiorina says she opposes a $500 billion corporate bailout fund that is included in the Senate’s coronavirus relief legislation.
“I must say I am not a fan of the $500 billion in corporate bailouts,” Fiorina told MSNBC on Wednesday. “I’m all for the very creative work that it looks like was done to support small businesses, working families, individuals, to extend unemployment insurance as well as safety net programs. I think the corporate bailout should have been left for another day.”
The former presidential candidate argued that airlines could declare bankruptcy and continue to pay their employees.
“But a $50 billion bailout for you when you spent the last eight years buying your stock back to the tune of about $46 billion, doesn’t strike me as the right way to use taxpayer money,” she said. “I think we should focus on individuals, working families and small businesses. So I’m pleased there is a focus on them in this bill. But eventually a bill will come due and I think the corporate bailout was too much, too soon. Maybe we didn’t need it ever.”
Watch the video below from MSNBC.
This Europe country is housing quarantined coronavirus patients in a five-star hotel
An ambulance driver wearing a white protective gown enters a Barcelona hotel and announces the arrival of three new "customers" -- a trio of coronavirus patients discharged from hospital into luxury quarantine.
"Good morning! How are you? My name is Enrique Aranda and I am probably the first non health care worker you see in several days," says the director of the five-star Melia Sarria hotel, peering into the ambulance.
It took just three days to convert the hotel, which features contemporary decor and bathrooms with marble finishing, into a clinic.
"Some patients arrive thinking that they were taken out of hospital to be left to die, many people are frightened. I try to make them forget all that," said Aranda, wearing mask and gloves.
UK Labour to unveil new leader to replace Jeremy Corbyn
Britain's main opposition Labour party on Saturday unveils a new leader who will take the helm of a defeated and divided party in the midst of the coronavirus crisis.
Keir Starmer, a former director of state prosecutions and Labour's Brexit spokesman, is the runaway favourite to win the ballot of around 500,000 party members and succeed Jeremy Corbyn.
The announcement will be a low-key affair, with a planned special conference cancelled due to restrictions on social gatherings imposed to stem the spread of COVID-19.
Instead, the result will be put out in a press release mid-morning -- and candidates have been asked to pre-record their victory speeches.
‘Trump fires people for telling the truth’: President blasted for ‘dead of night decision’ to fire intel watchdog
President Donald Trump was harshly criticized on Friday for firing intelligence community Inspector General Michael Atkinson.
House Intel Chair Adam Schiff (D-CA) and Senate Intel Ranking Member Mark Warner (D-VA) were among the lawmakers who took to Twitter to criticize Trump on his favorite social media platform.
Here's some of what people were saying about Trump's decision:
Trump’s dead of night decision to fire ICIG Michael Atkinson is another blatant attempt to gut the independence of the Intelligence Community and retaliate against those who dare to expose presidential wrongdoing.