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.

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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.

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