Amid this global health and economic crisis, Trump wants to bail out—you guessed it—oil billionaires.
We just got wind that the Trump Administration is seriously considering a bailout to the fossil fuel industry. Right now, Trump is in private talks with his advisors, discussing a potential bailout of the fossil fuel industry. Before this deal gets made behind closed doors, we need to make sure Congress knows that we won’t tolerate bailouts for the fossil fuel industry while families everywhere are suffering.1
After a weekend of plummeting oil prices in response to the global public health and economic crisis, billionaire oil and gas executives are clamoring for a bailout while privately urging the President not to adopt a national paid sick leave policy.
Hourly wage workers, nurses and healthcare providers, and parents with kids at home are feeling the effects of this crisis in a very real way. Too many people can’t stay home from work or they won’t get paid. Too many people may not be able to afford a doctor visit. Too many people may get fired if they stay home with a sick kid. Instead of fighting for everyday people, Trump is focused on his fossil fuel billionaire donors.
It’s not too late. We can ensure that Congress sees this bailout for what it is—yet another Trump giveaway to the dying fossil fuel industry.
The fossil fuel industry not only created the climate crisis, they’ve bet big on us not being able to solve it, investing hundreds of billions in risky wells and developments — and now they’re in trouble. Now CEOs are running to Trump for help, and we’re supposed to foot the bill? I don’t think so.
In moments of crisis, we must hold onto what’s most important. Our government should be acting to protect our families, our health, and our future, not propping up an industry who for decades, has been jeopardizing these very same things. It will take all of us together to demand that Congress support working families and stop Trump’s fossil fuel bailout.
Notes:
[1]‘White House likely to pursue federal aid for shale companies hit by oil shock, coronavirus downturn.
