Today was a joyous day for many Americans. A day when at least a small weight was lifted off of their shoulders.
On what would normally be Tax Day, US citizens from coast to coast began receiving their $1,200 stimulus payments from the federal government, deposited directly into their bank accounts. For some, this was a nice little bonus, but for many, this was a lifeline that couldn’t come soon enough, and may have already been metaphorically spent.
And, with virus crisis still looming large, there will need to be more money pumped into the hands of the American consumer in the not-too-distant future.
Congress is thankfully already working on it.
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.
Ryan’s press release laid the fact out bluntly.
“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.
“A one-time, twelve hundred dollar check isn’t going to cut it,” said Rep. Ro Khanna in a press release. “Americans need sustained cash infusions for the duration of this crisis in order to come out on the other side alive, healthy, and ready to get back to work. Members on both sides of the aisle are finally coming together around the idea of sending money out to people. Rep. Ryan and I are urging leadership to include this bill in the fourth COVID relief package to truly support the American working class.”
We can only hope that Congress acts more swiftly on this bill than they did on the aforementioned stimulus package, that suffered mightily at the hands of partisan bickering.
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