Dems Put Monthly Stimulus on the Table

Dems Put Monthly Stimulus on the Table

(AmericanProsperity.com) – Two House Democrats say a one-time check of $1,200 isn’t going to cut it for working Americans. Rep. Tim Ryan (D-OH) and Rep. Ro Khanna (D-CA) introduced The Emergency Money for People Act. The bill would pay every American over 16 years old $2,000 per month as long as they don’t make more than $130,000 per year. Payments would last for six months. In addition to the monthly $2,000, qualifying families would also get $500 per child.

Like stimulus checks currently being sent out through the IRS, the money would be delivered by direct deposit, check, or mobile apps like Venmo. Khanna argues that the $1,200 one-time stimulus check isn’t enough to help people affected by the COVID-19 outbreak. Instead, he believes people need much more financial assistance to make it through the crisis in one piece.

There are bound to be many more proposals to help Americans put forth by Congress over the coming weeks as it prepares a Phase 4 stimulus bill. Only time will tell how many of them will make it into law.

Stay tuned as we cover how our politicians continue to handle this unprecedented economic crisis.

~Here’s to Your Prosperity!

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