Daily Dime

March 17, 2020

President seeking stimulus package

President Donald Trump’s administration is considering asking Congress for an $850 billion stimulus package to address the economic slowdown caused by the coronavirus pandemic. The package would include a payroll tax  cut (read why this a bad idea) and a $50 billion bailout of the airline industry.Read more...

March 16, 2020

Coronavirus and the U.S. economy

The COVID-19 pandemic – and the “social distancing” it has prompted – will almost certainly plunge the United States into an economic recession. Low-wage workers will be among the hardest hit, as restaurants, hotels and retail stores lose business. State governments will suffer as well, because slower economic activity means less tax revenue, which in turn leads to budget cuts.Read more...

March 13, 2020

Let states use Medicaid to fight COVID-19

In past crises, the federal government loosened restrictions on Medicaid dollars to allow states to have the flexibility to meet their needs — an action that had bipartisan support. In the face of a rapidly expanding public health emergency, however, President Donald Trump’s administration continues to limit states’ ability to use Medicaid dollars to serve the widest possible population.Read more...

March 12, 2020

Paid sick leave – now more than ever

Nearly half of Louisiana’s workers (45%) do not have access to paid leave when they get sick. The numbers are much higher for workers who cook our restaurant food and care for our elderly. Tulane’s Phyllis Raabe and Katherine Theall, writing in The Advocate, think Louisiana should follow the lead of states that have moved to address this shameful imbalance:

Since many employers do not provide paid sick leave, and the spread of disease impairs individuals, families, workplaces, and communities — and increases health care costs — eleven states and the District of Columbia have enacted policies that enable workers to accrue paid sick days.

Read more...