Senator Bernie Sanders took to Twitter calling Tesla CEO Elon Musk,
Senator Bernie Sanders ripped Elon Musk after the Tesla CEO said he did not support another government stimulus package, even as the United States economy continues to recover from the coronavirus pandemic.
“How hypocritical. Elon Musk has received billions in corporate welfare from American taxpayers,” Sanders, an independent candidate and former Democratic candidate for Vermont, said in a tweet on Friday. “Now he wants to prevent 30 million Americans who lost their jobs from receiving $ 600 a week in unemployment benefits, while their wealth has increased by $ 46.7 billion in the past 4 months. Pathetic.”
Earlier in the day, Musk had tweeted that he did not believe that another government stimulus package was in the “best interest of the people.” If Congress approves additional aid, he said, it should only include direct cash payments to Americans.
CASA BLANCA, REPUBLICAN PROPOSAL CUTS EXTRA UNEMPLOYMENT BENEFITS FROM $ 600 TO $ 200
“These are full of gills with special interests,” he tweeted. “If we make a stimulus, it should be just direct payments to consumers.”
Senate Republicans plan to present a $ 1 billion aid package on Monday, starting negotiations with Democrats.
Legislation is expected to extend, but substantially reduce, newly expired unemployment benefits, send a new round of $ 1,200 stimulus checks to American adults earning less than $ 75,000 in August and funnel tens of billions of dollars. in aid to schools and universities. The proposal will also likely set aside money for COVID-19 testing.
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Musk, who is estimated to be worth $ 67.7 billion, making him one of the richest people in the world, built his growing empire, including Tesla, SolarCity, and SpaceX, in part with $ 4.9 billion in government subsidies, according to a Los Angeles Times report from 2015. That figure is made up of a variety of government incentives, including grants, tax breaks, factory building, discounted loans, and environmental credits that Tesla can sell, and tax credits and discounts are awarded. buyers of solar panels and electric cars.
In the wake of the latest global financial crisis, Tesla received a $ 465 million federal loan to design and build electric vehicles in California. The company went public, paid off the loan, and now employs about 20,000 people in the Bay Area alone.
PELOSI DRAWS THE LINE IN STIMULUS CONVERSATIONS, SAYS THE HOUSE WILL NOT ACCEPT THE SHORT-TERM EXTENSION OF UNEMPLOYMENT BENEFITS
“We are honored to receive one of the first loans made under this program,” said Musk in 2009 when Tesla received the loan. “I am sure we will put the money to a very productive use. We hope to produce the Model S.”
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