The Cronyism Buried in the Latest Coronavirus Relief Bill
Times of crisis are often exploited by connected interests. Coronavirus, as we’ve been warning, has proven to be no different.
Under the latter provision, those who have coronavirus, who are acting as caretakers for one or more family members with coronavirus, who are quarantined, or whose schedules have been scrambled by widespread school closures are entitled to two weeks of full paid sick leave and three months of paid medical leave, where workers would collect no less than two-thirds of their wages…
…But there’s a catch: The text currently exempts businesses with more than 500 employees from having to comply—a possible example of corporate cronyism, likely introduced by Mnuchin.
This is just the beginning.