Coronavirus Relief: Proposed Bill Would Give Americans $2,000 A Month During Pandemic

[mystery-ak]

Coronavirus Relief: Proposed Bill Would Give Americans $2,000 A Month During Pandemic
April 15, 2020 at 12:04 pm

PITTSBURGH (KDKA) — Two House Democrats have introduced legislation that would give millions of Americans $2,000 per month during the coronavirus pandemic.
The new bill is called the Emergency Money for the People Act.

It was introduced by Rep. Tim Ryan, D-Ohio, and Rep. Ro Khanna, D-Calif.

In a press release, Congressman Ryan says:

“The economic impact of this virus is unprecedented for our country. As millions of Americans file for unemployment week over week, we have to work quickly to patch the dam – and that means putting cash in the hands of hard-working families.”

The act would expand relief to more Americans and includes a $2,000 monthly payment to every qualifying American over the age of 16 until employment returns to pre-COVID-19 levels.

Here are the eligibility requirements:

Eligibility:

    Every American adult age 16 and older making less than $130,000 annually would receive at least $2,000 per month.
    Married couples earning less than $260,000 would receive at least $4,000 per month.
    Qualifying families with children will receive an additional $500 per child – families will receive funds for up to three children.
    For example, a married couple making under $260K with 3 kids would receive $5,500 per month.
    Those who had no earnings, were unemployed, or are currently unemployed would also be eligible.
    Those who were not eligible in 2019 or 2018 but would be eligible in 2020, could submit at least two consecutive months of paychecks to verify income eligibility.
    The Emergency Money for the People Act also expands the program to millions more Americans who were excluded from the CARES cash rebates – such as college students and adults with disabilities who are still claimed as a dependent. The individual will receive the payment and their parent or guardian will receive the dependent credit.

more
https://pittsburgh.cbslocal.com/2020/04/15/emergency-money-for-the-people-act-stimulus-bill/

[cato potatoe]

Other than perhaps extending unemployment benefits, the aid packages need to end.  We've already added $4 trillion to the debt in a few weeks.

[catfish1957]

Other than perhaps extending unemployment benefits, the aid packages need to end.  We've already added $4 trillion to the debt in a few weeks.

Thank God, I'm old.  I really feel sorry for the young folks who have to deal with the impact of the criminal government mismanagment of our economy the past 30 or 40 years.  The entitlement class is getting dangerously close to sucking the cash cow dry.  Dark dank days ahead.

[libertybele]

Other than perhaps extending unemployment benefits, the aid packages need to end.  We've already added $4 trillion to the debt in a few weeks.

The feds have already promised an additional $600/wk for 4 months in addition to regular state unemployment benefits.  That's quite significant.

https://www.cnn.com/2020/04/07/politics/unemployment-benefits-cares-act-covid-pandemic/index.html

[Snarknado]

The feds have already promised an additional $600/wk for 4 months in addition to regular state unemployment benefits.  That's quite significant.

https://www.cnn.com/2020/04/07/politics/unemployment-benefits-cares-act-covid-pandemic/index.html

So a minimum wage couple could go on unemployment and get $2000+/wk in some states. They won't be in any hurry to get back to work. But maybe that's the idea - keep the economy shut down until after the election? I wonder how the $10/hr food workers still risking their health would feel about that arrangement?

[Cyber Liberty]

There will be none of that for the Cyber household.  Too bad, because I was prepared to donate the whole shebang to a local charity that's helping all the Casino workers who got laid off across the river in Nevada.

[Formerly Once-Ler]

Hello Foot Massager, Electric Scissors, Kanye West Jesus is King Chicago Sweatshirt, Apple Watch, Laphroaig 28-Year-Old Single Malt, and probably some dumb stuff too.   

[Cyber Liberty]

Hello Foot Massager, Electric Scissors, Kanye West Jesus is King Chicago Sweatshirt, Apple Watch, Laphroaig 28-Year-Old Single Malt, and probably some dumb stuff too.   

 

"If I win the lottery, I'd spend half of it on hookers and blow.  I'd just squander the other half."

[libertybele]

So a minimum wage couple could go on unemployment and get $2000+/wk in some states. They won't be in any hurry to get back to work. But maybe that's the idea - keep the economy shut down until after the election? I wonder how the $10/hr food workers still risking their health would feel about that arrangement?

$2,000 a week?  That's quite a lot of money for unemployment.  The maximum benefit you can get in Florida is $275.00/wk. with the maximum duration of 12 weeks.  Just think -- this is the state with huge problems with their unemployment system and they are fighting tooth and nail to get the lowest unemployment payout of any state.  That won't even cover rent for a 2 bedroom apartment unless you want to live in the projects.

[Fishrrman]

This is high talk that ain't goin' nowhere...

[Snarknado]

$2,000 a week?  That's quite a lot of money for unemployment.  The maximum benefit you can get in Florida is $275.00/wk. with the maximum duration of 12 weeks.  Just think -- this is the state with huge problems with their unemployment system and they are fighting tooth and nail to get the lowest unemployment payout of any state.  That won't even cover rent for a 2 bedroom apartment unless you want to live in the projects.

Well I guess the $2000/mo is for everyone, but add the $600/wk unemployment "bonus" for each spouse and it's hard to see why anyone would be in any hurry to go back to their $500/wk (before deductions) job. In 2009 they extended UIC to 99 weeks but I don't recall any kind of bonus payment, certainly nothing anywhere near $100/wk much less $600.