Prod the Federal Reserve to save state and local governments

June 29, 2020

Includes “Many state and local governments have a fiscal year ending this month AND are required to have balanced budgets. This means that a tsunami of government layoffs is about to hit, and drive the entire economy deep into an economic depression. … The Federal Reserve has the power and authority to head off this catastrophe in one 8 hour workday … Below is a one page letter and a brief phone script to Fed Chairman Powell … you have to print the letter and mail it. At the very least, call the Federal Reserve and read the script. …”

Read the full article on: Daily Kos

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