Thread: House Democrats introduce plan to pay Americans $2,000 a month until economy recovers from COVID-19
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Old 04-15-2020   #1
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Default House Democrats introduce plan to pay Americans $2,000 a month until economy recovers from COVID-19
04/15/20

Old enough to drive a car? Then you would be old enough to receive $2,000 a month under a plan introduced this week by two Democratic lawmakers in the House of Representatives.

Reuters Photo
The Emergency Money for the People Act, introduced by Reps. Tim Ryan and Ro Khanna, would give $2,000 a month to Americans over the age of 16 who make less than $130,000 a year.

Under the Emergency Money for the People Act, US citizens who are 16 or older — and make less than $130,000 a year — would receive cash payments from the federal government for at least six months and until unemployment falls to pre-pandemic levels.

The bill was introduced Tuesday by Rep. Tim Ryan, a former presidential candidate associated with the moderate wing of the Democratic Party, and Rep. Ro Khanna, the former cochair of Sen. Bernie Sanders' recently suspended campaign for president. It has 17 other cosponsors, all Democrats, including Rep. Barbara Lee, who helps lead the House Steering and Policy Committee.

In addition to the $2,000 payments to adults, qualifying families would receive $500 a child, with the money deliverable via direct deposit, check, or mobile apps such as Venmo.

"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," Ryan said in a press release.

Links: https://www.businessinsider.com/amer...ts-plan-2020-4


Business Insider
Charles Davis
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