More Stimulus Payments Could Be Coming For Americans Making $40,000 Or Less

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Senate Majority Leader Mitch McConnell (R-KY) recently expressed support of more stimulus payments for low-income Americans.

in May. The bill would provide a second round of direct stimulus payments to individuals, at $1,200 per family member . However, that bill is not expected to win Senate consideration.

McConnell’s recent remarks set a much different tone for what Republicans are willing to provide with the next stimulus package. Some Republicans have stated that the stimulus payments don’t directly stimulate the economy and were sent to individuals not financially impacted by the coronavirus,Until now, the GOP has focused on getting Americans back to work instead of providing more direct aid, which they have argued could be “a disincentive” for people to work.

On Tuesday, the Economic Security Project , an advocacy group for universal basic income, and the Justice Collaborative, an advocacy group for justice system reform, releasedcalling for “regular, lasting direct stimulus payments” to American families. The two groups argue that direct payments “are an essential tool” that will help boost economic security, drive spending and economic recovery and shorten the recession. More than 150 economists endorsed the letter.

In addition to one-time stimulus checks, the CARES Act also widely expanded unemployment insurance benefits. The law expanded the total eligibility period for unemployment by an additional 13 weeks, for a total of 39 weeks. Workers who previously didn’t qualify for these benefits, such as independent contractors and furloughed employees, were covered under the CARES Act.

The federal government also provided a $600 weekly “boost” on top of regular state benefits. But that boost is

 

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senatemajldr going to make some of the struggling middle class struggle more. Ppl making between 40-60k need it the most. We don’t qualify for anything low income and we surely don’t make enough to not be struggling curing this mess. Do better bro

Why does it matter what I made last year? Ask me how much I've made in the last 2 months.

Don’t talk about it, be about it

mask?! faithless. vote him out.

F that....all workers need it...what about the ones making 41 thousand?

Yeah that doesn’t work. Depending on where you live, $40K a year is $19.43 ph give or take. That’s just $4 higher than minimum wage in some cities. For many Americans who lost their jobs, they are struggling right now. Basing current need off 2019 tax records is insane at best.

Cut off to the middle class. Makes sense. 🙄

Should only receive this if you have proof of wearing a mask in public

Well ppl r saying they didn't get the first one yet

Good the taxpayers should not be paying money to high income people. Only the poor and working class should get the stimulus.

ってことは、シリコンバレー民はもらえないな。

Nobody tell RobinhoodApp 🤫

Moebeatsz3 Just give them to us all

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