Senate democrats propose next coronavirus stimulus bill

[Marilyn MonHoe 11,011]

With the coronavirus pandemic sending unemployment in the U.S. to its highest rate since the Great Depression, three Senate Democrats have introduced a plan for Americans to receive $2,000 per month until this crisis ends. On Friday, Senators Kamala Harris (D-Calif.), Bernie Sanders (I-Vt.) and Ed Markley (D-Mass) released their plan called the Monthly Economic Crisis Support Act.

Under the plan, Americans who make less than $120,000 a year would receive a monthly $2,000 coronavirus stimulus check. Married couples would receive $4,000 and an extra $2,000 would be provided for each child up to three.

Harris said it's clear the $1,200 one-time check Americans received from the $2.2 trillion CARES Act "wasn't nearly enough to meet the needs of this historic crisis."

"Bills will continue to come in every single month during the pandemic and so should help from government," Harris said in a statement.

Sen. Sanders added that the "one-time $1,200 check that many Americans recently received is not nearly enough to pay the rent, put food on the table and make ends meet."

"If we can bail out large corporations, we can make sure that everyone in this country has enough income to pay for the basic necessities of life,” Sanders said.

The Monthly Economic Support Act would provide a monthly $2,000 check to Americans who make less than $120,000. There would be an additional $2,000 per child, for up to three children, and married couples who file jointly would receive $4,000.

The monthly checks would be retroactive to March and would continue until three months after the Health and Human Services Department has declared the public health emergency over. The legislation would also forbid debt collectors from seizing the rebate and ensure homeless and foster children receive payments, according to Senator Harris.

Compared to the CARES Act, this proposal would provide monthly checks instead of just a one-time $1,200 payment. This proposal would also increase the amount of extra money given per child from $500 to $2,000 per child, but it would max out at three children.

A similar proposal for Americans to receive $2,000 per month was introduced last month in the U.S. House of Representatives by Rep. Tim Ryan (D-Ohio) and Rep. Ro Khanna (D-Calif.).

Ryan said in April that the plan provides a chance to examine programs like universal basic income.

Under the proposal in the House, every American aged 16 and older making less than $130,000 annually would receive at least $2,000 per month. Married couples earning less than $260,000 would receive $4,000 per month. Families with children would get $500 per child per month for up to three children.

Those who are unemployed would also be eligible.

There have been a handful of proposals pitching additional help for citizens and businesses dealing with the economic fallout of the coronavirus pandemic.

In addition to the push for $2,000 monthly stimulus checks, other Democrats have called for rent and mortgage payments to be canceled nationwide during the pandemic and for a $100 billion fund to be set up to help with emergency rent relief.

Sen. Mitt Romney has proposed a so-called Patriot Pay that would be an additional $12 per hour of pay for essential frontline workers in May, June and July.

Source: https://www.10tv.com/article/senate-democrats-propose-2000-monthly-coronavirus-stimulus-payments-2020-may

[President Biden 5,898]

 the Debt Clock coming for another massive spike

 

 we need better solutions than bailout after bailout.

[Knife 7,080]

Yes, please. I work in NYC and that **** ain't opening up anytime soon.

[DeleteMyAccount 11,881]

But how much will we eventually have to pay back in the long-run? Dems tried to work that out for the first stimulus...

[RainOnMeYup 813]

No,

People will not wanna go back to work at this rate

[JRCF29 8,230]

These Senators aren't the ones who will have to pay down this debt though, it's terrible long-term fiscal policy. This bill has no chance, I expect even fiscal conservative Dems (Sinema, Jones, Manchin) will vote against it. Congress cannot keep spending money it doesn't have and expect there to be no consequences.

[BillieGOAT 5,272]

What a truly horrendous idea

There are so many government programs that are already being utilized to fix the issues they’re talking about ((unemployment !!)) 

At this rate, in 6 months the US dollar will be worth 1/100th of what it’s worth right now. 

[Hoeanne 1,061]

All y’all suddenly out here saying we can’t help actual citizens not become homeless and die during a plague because of imaginary not real debt, but were silent for every previous bill that pumped billions into wall street to make line go up. Bite me.

[Hoeanne 1,061]

We’re the richest society that has ever existed in the history of the world. There’s absolutely no reason we can’t afford this. The money is there, being stock pulled by the capitalist class while the rest of us starve. It’s about damn time we took it the money they stole from us back,

[Gagaloo911 12,959]

7 minutes ago, ShadowHunter said:

They “stole” from u? Whaaaaaaaat. You are funny

 

also don’t even quote me, u have nothing to say. U r just a joke

Yes. All the money Trump and his Republican goonies took to give $2 trillion away in tax cuts and corporate welfare to the wealthy and richest corporations that in no way trickled down or helped the American people was stolen from American taxpayers.

We deserve to get at least some of that back. At the very least to take that money back and put it into programs that will help regular Americans during this crisis.

[Hoeanne 1,061]

12 minutes ago, ShadowHunter said:

They “stole” from u? Whaaaaaaaat. You are funny

 

also don’t even quote me, u have nothing to say. U r just a joke

Every dollar made by an executive is a dollar they stole from the workers whose labor actually provides the value of the service their company sells. It’s called the “labor theory of value” and it’s a philosophical framework that’s survived worse pushback than you a pop forum can come up with.

Also, as @Gagaloo911 pointed out they also receive billions (sometimes trillions) of dollars in taxpayer money to bale out their mistakes and fund their retirements. Meanwhile the rest of us suffer the consequences of their mismanagement.

[Gagaloo911 12,959]

The ignorance being spewed by some in this thread  

[UnlikelyStan 306]

1 minute ago, Gagaloo911 said:

Yes. All the money Trump and his Republican goonies took to give $2 trillion away in tax cuts and corporate welfare to the wealthy and richest corporations that in no way trickled down or helped the American people was stolen from American taxpayers.

We deserve to get at least some of that back. At the very least to take that money back and put it into programs that will help regular Americans during this crisis.

What does this figure refer to? Are you talking about the payroll protection program?

[heygurlhi 3,200]

Am I the only one who are litteraly afraid for the U.S not for corona stuff but what will follow. The Gov is refusing to help ppl and everybody is armed to the teeth. There allredy protests and feels like it just need a spark to be a total disaster. 

[ShadowHunter 866]

1 minute ago, Hoeanne said:

Every dollar made by an executive is a dollar they stole from the workers whose labor actually provides the value of the service their company sells. It’s called the “labor theory of value” and it’s a philosophical framework that’s survived worse pushback than you a pop forum can come up with.

Yeah well labor theory of value forgets that coming up w those jobs in the first place is also of value and without the minds to put those jobs in place, no jobs to have any value. Marx is very pretty in theory, but not in practice. #Venezuela