No Senate? No problem, progressive group says

A co-founder of the progressive group Justice Democrats and a former top aide to Rep. Alexandria Ocasio-Cortez of New York have a striking message for President-elect Joe Biden: Don’t worry about the Georgia Senate races.

They think it would be great for Democrats to win them and control the Senate, of course. But even if they don’t, they said in a memo obtained first by POLITICO, Biden can still accomplish almost all of his “Build Back Better” plan to overhaul the economy.

New Consensus, a left-wing think tank led by Ocasio-Cortez’s former chief of staff Saikat Chakrabarti, Justice Democrats’ co-founder Zack Exley, and organizer Demond Drummer, argues that Biden could team up with the Federal Reserve and Treasury Department to provide trillions of dollars of low-interest loans to build the “industries of tomorrow” and help small businesses suffering because of the Covid-19 pandemic.