Two relief bills signed in March, the Families First Coronavirus Response Act and the $2.2 trillion coronavirus relief package, provided funds for several emergency programs, including a one-time economic impact payment, expanded unemployment insurance benefits and enhanced Supplemental Nutrition Assistance Program, or SNAP, benefits.
Without current pandemic response measures, however, the poverty rate would have been 12.4%, impacting 39.5 million people. Had the current recession not happened, analysts project the U.S. would have had an annual poverty rate of 11.1% in 2020.
"Their story in the first half of the year will be different from their story in the second half of the year," Acs says.
MakeIt There will be millions and millions of people falling into poverty.
MakeIt Or, get a job...
MakeIt Huh?
MakeIt You could just reopen everything completely and go back to having the best economy in US history, just saying...
MakeIt Election year. System collapses without more stimulus. Pretty easy to see the decision the government and the Fed will make.
MakeIt Better for united-statians!
MakeIt Because they got paid more than a job. Let’s guarantee 75/80% of earnings until people get their jobs back.
MakeIt Step up Democrats! Pass Mitch McConnell's plan for those making $40K or less! Show you actually care about the poor...(yeah, you're not because you never have, either).
MakeIt Party is about to end and people have no idea.
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