Mark Cuban proposes $1,000 coronavirus stimulus check every 2 weeks
It's consumer demand, not loans, that will ultimately save businesses, Cuban said
By Megan Henney FOXBusiness
The federal government has already sent a one-time check of up to $1,200 to millions of American families, but according to Mark Cuban, the stimulus is not enough to offset the economic pain of the coronavirus pandemic.
The billionaire entrepreneur proposed the government issue $1,000 checks to every American household every two weeks for the next two months, with the caveat that the money must be spent within 10 days of receipt or it expires. It would cost about $500 billion, Cuban estimated.
Cuban argued that the Paycheck Protection Program, a $660 billion fund for small businesses established by Congress in the CARES Act at the end of March, was a "great plan" that "didn't work."
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https://www.foxbusiness.com/business-leaders/mark-cuban-coronavirus-stimulus-check-every-two-weeks