This Proposed Bill Could Give You A $2000 Per Month Stimulus Check
It's undoubtedly a rough world right now. I've watched countless friends and family members lose their jobs because of COVID-19. Millions are awaiting their one-time stimulus check (I fortunately got mine this week) but this new bill could help us get through this tough time more long term.
According to an article on KTVB, the "Emergency Money for the People" act is being introduced because as House Democrats Tim Ryan and Ro Khanna who back the bill say, "A one-time twelve hundred dollar check isn't going to cut it."
The bill proposes that every American aged 16 and older who makes less than $130,000 a year would receive at least $2000 per month. Married couples making less than $260,000 would get $4000 per month. If you have children, you would get $500 per month per child for up to three children.
This would apply to both people who are employed and those who are unemployed. The money would also not be counted as income.
The payments would be guaranteed for six months and continue and would continue until the employment to population ratio for people aged 16 and older is above 60%.
This would also serve college students and adults with disabilities even if they are being claimed as a dependent on someone else's taxes.
We'll see if this proposed bill ends up passing, but in the mean time, please keep everyone facing unemployment in this unprecedented time in your thoughts and prayers.