Trump backs second and bigger round of relief checks
by Nihal Krishan, Economic Policy Reporter |
| July 01, 2020 03:16 PM
President Trump on Wednesday said he was in support of another round of direct payments for individuals and that he wants the amount to be greater than what Democrats have proposed.
"I support it, but it has to be done properly. And I support larger numbers actually than the Democrats, but it's got to be done properly," Trump said on Fox Business.
The coronavirus legislation passed by House Democrats, known as the HEROES Act, includes a new round of $1,200 direct payments to individuals.
Trump also said on Wednesday that the March coronavirus relief legislation, known as the CARES Act, gave people a disincentive to work but that since it was still helping people with direct cash, he "was all for that." He said he wants "to create a very great incentive to work," though, in the next round of legislation.
"So, we're working on that, and I'm sure we'll all come together," Trump added.
The Democrats' coronavirus relief legislation, which passed the House in May, also provides $200 billion in “hazard pay†for those working in grocery stores, medical facilities, and other front-line jobs; $1 trillion in financial aid to state, local, municipal, and tribal governments; and an extension to January of the $600 in extra unemployment insurance benefits now provided to those who lost jobs in the pandemic.
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