Harris, Sanders, Markey propose $2,000 monthly payments amid coronavirus pandemic
By Jordain Carney - 05/08/20 05:01 AM EDT
A trio of senators is introducing legislation to provide $2,000 in monthly payments during, and in the immediate aftermath of, the coronavirus pandemic.
The bill, from Sens. Kamala Harris (D-Calif.), Bernie Sanders (I-Vt.) and Ed Markey (D-Mass.), would provide a $2,000 monthly payment to individuals who make up to $100,000 per year. The amount would then be scaled down until it hit an income cap of $120,000 per year for an individual, where it would be phased out altogether.
Under the bill, a $2,000 monthly payment would also be given per child, up to three children. The legislation would be retroactive to March, the same month President Trump declared a national emergency, and would provide the monthly payments until three months after the administration ends the public health emergency.
The push for additional payments comes after the $2.2 trillion stimulus bill that passed Congress in March provided a $1,200 check for individuals who make up to $75,000.
But senators argued that the one-time payment is not enough to assist people through the months-long pandemic, which has wreaked havoc on the nation's economy.
more
https://thehill.com/homenews/senate/496747-harris-sanders-markey-propose-2000-monthly-payments-amid-coronavirus-pandemic
