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Why the employee retention credit is an overlooked stimulus issue
D.C. remains deadlocked on the next stimulus package, days after extended unemployment benefits ended and days before PPP is set to expire.
Where it stands: One unresolved issue that hasn't gotten enough attention is a proposed expansion of the employee retention credit, which could have a significant impact for companies that have experienced severe revenue declines.
Top Homeland Security official: “Absolutely” no systemic racism in policing
Acting Secretary of Homeland Security Chad Wolf told "Axios on HBO" that there’s “absolutely not” any systemic racism in American policing, the latest white, male Trump administration official to dismiss persistent racism in the United States.
Why it matters: Recent polling shows a narrow plurality of Americans believe systemic racism is real and requires action, while data consistently shows how Black and Hispanic people suffer from built-in biases and systemic obstacles. This is becoming one of the major fault lines in American politics.
Wisconsin Justice Department releases initial account of Jacob Blake shooting
The Wisconsin Department of Justice released its initial account describing the events before and after officers shot Jacob Blake, a 29-year-old Black man, last Sunday evening.
The state of play: The release says officers were sent to a residence after a woman claimed her boyfriend was on the property and was not supposed to be. Officers tried to arrest Blake, initially using a taser they say did not work.
The NBA wades into politics
Amid a national reckoning on race that has consumed the sports world, NBA players are poised to shape the conversation — and perhaps even influence the upcoming election.
The state of play: The NBA bubble has been politicized from the start, with social justice messages everywhere. But the Milwaukee Bucks' strike on Wednesday set a new bar and made the NBA a leader in a movement it had previously only participated in.