Stimulus & Bailout Watch Thread
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at fukking a whore in the middle of a pandemic
ill be first in line to cash these checks
im just asking an objective questionwhy not just give everyone 5 grand a month? 20 grand? whats the difference?
He was probably already going to buy that stuff anyways. A fool and his money...... you know the rest
Outlaw
New Hope For the HaveNotz
Inflation. 2k is nominal enough to keep inflation low but still boost the economyill be first in line to cash these checks
why not just give everyone 5 grand a month? 20 grand? whats the difference?
nikkas wylin.I got a salad and some quest bars and called it a fukking day!
Im basically treating this shyt as hush money. Im not buying nothing wild. Im still working
so all my bills scraight regardless. Lace me with all the freebies im bout to come out this hoe like a bandit.Only regret is me being a hoe. I should habe cuffed sumthin before this happened lol. Hindsight
Anyone have TD bank? did ya'll checks hit your account today?
the money is to keep your employees employed even though you don't have any work for them, it's a way to avoid them having to go on unemployment. you want them on unemployment while furloughed and then when things are safe to come back you want to use the money that was meant to keep them in a job while things were shut down to pay them when things open back up. you can argue that they need a 2nd business stimulus program for that situation but the PPP loan money being used for paycheck protection doesn't sound like bad design to me.
2 of those three are essential
BK The Great
Veteran
Representatives Tim Ryan and Ro Khanna Introduce Legislation to Send Americans Additional Cash Payments
April 14, 2020
Press Release
Legislation provides $2,000 per month until employment returns to pre-COVID-19 levels
Washington, DC – Today, Representatives Tim Ryan (D-OH) and Ro Khanna (D-CA) introduced the Emergency Money for the People Act to provide additional cash payments for hard-working Americans who have been impacted by the COVID-19 pandemic. While the CARES Act was an important first step, its one-time payment does not provide nearly enough support for American families.
The Emergency Money for the People Act expands relief to more Americans and includes a $2,000 monthly payment to every qualifying American over the age of 16 until employment returns to pre-COVID-19 levels. It also fixes a bug in the CARES Act to ensure college students and adults with disabilities can still receive the payments even if claimed as a dependent. The Emergency Money for the People Act additionally recognizes that not everyone has a bank or a home address to receive a check – so it allows individuals to get this money through direct deposit, check, pre-paid debit card, or mobile money platforms such as Venmo, Zelle, or PayPal.
“The economic impact of this virus is unprecedented for our country. As millions of Americans file for unemployment week over week, we have to work quickly to patch the dam – and that means putting cash in the hands of hard-working families,” said Congressman Tim Ryan. “Many Ohioans are just receiving – or about to receive – the first cash payment we passed in the CARES Act. Now it’s time for Congress to get to work on the next step to provide relief for those who have been hardest hit in this pandemic.”
“A one-time, twelve hundred dollar check isn’t going to cut it,” said Rep. Ro Khanna. “Americans need sustained cash infusions for the duration of this crisis in order to come out on the other side alive, healthy, and ready to get back to work. Members on both sides of the aisle are finally coming together around the idea of sending money out to people. Rep. Ryan and I are urging leadership to include this bill in the fourth COVID relief package to truly support the American working class.”
Under the Emergency Money for the People Act, monthly cash assistance payments would be guaranteed for at least six months and would continue until the employment to population ratio for people ages 16 and older is above 60%. These payments would not count as income in order to protect eligibility for any of the income-based state or federal government assistance programs.
Eligibility:
The Emergency Money for the People Act has been introduced by Rep. Ryan and Rep. Khanna as well as the following Original Co-sponsors: Earl Blumenauer (OR-3), Judy Chu (CA-27), Diana DeGette (CO-1), Mike Doyle (PA-18), Adriano Espaillat (NY-13), Eliot L. Engel (NY-16), Pramila Jayapal (WA-7), Ted Lieu (CA-33), Joe Neguse (CO-2), Mary, Gay Scanlon (PA-5), Darren Soto (FL-9), Rashida Tlaib (MI-13), Nydia Velázquez (NY-7), Bonnie Watson Coleman (NJ-12), Grace Meng (NY- 6), Alan Lowenthal (CA-47), and Barbara Lee (CA-13).
April 14, 2020
Press Release
Legislation provides $2,000 per month until employment returns to pre-COVID-19 levels
Washington, DC – Today, Representatives Tim Ryan (D-OH) and Ro Khanna (D-CA) introduced the Emergency Money for the People Act to provide additional cash payments for hard-working Americans who have been impacted by the COVID-19 pandemic. While the CARES Act was an important first step, its one-time payment does not provide nearly enough support for American families.
The Emergency Money for the People Act expands relief to more Americans and includes a $2,000 monthly payment to every qualifying American over the age of 16 until employment returns to pre-COVID-19 levels. It also fixes a bug in the CARES Act to ensure college students and adults with disabilities can still receive the payments even if claimed as a dependent. The Emergency Money for the People Act additionally recognizes that not everyone has a bank or a home address to receive a check – so it allows individuals to get this money through direct deposit, check, pre-paid debit card, or mobile money platforms such as Venmo, Zelle, or PayPal.
“The economic impact of this virus is unprecedented for our country. As millions of Americans file for unemployment week over week, we have to work quickly to patch the dam – and that means putting cash in the hands of hard-working families,” said Congressman Tim Ryan. “Many Ohioans are just receiving – or about to receive – the first cash payment we passed in the CARES Act. Now it’s time for Congress to get to work on the next step to provide relief for those who have been hardest hit in this pandemic.”
“A one-time, twelve hundred dollar check isn’t going to cut it,” said Rep. Ro Khanna. “Americans need sustained cash infusions for the duration of this crisis in order to come out on the other side alive, healthy, and ready to get back to work. Members on both sides of the aisle are finally coming together around the idea of sending money out to people. Rep. Ryan and I are urging leadership to include this bill in the fourth COVID relief package to truly support the American working class.”
Under the Emergency Money for the People Act, monthly cash assistance payments would be guaranteed for at least six months and would continue until the employment to population ratio for people ages 16 and older is above 60%. These payments would not count as income in order to protect eligibility for any of the income-based state or federal government assistance programs.
Eligibility:
- Every American adult age 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 at least $4,000 per month.
- Qualifying families with children will receive an additional $500 per child – families will receive funds for up to three children.
- For example, a married couple making under $260K with 3 kids would receive $5,500 per month.
- Those who had no earnings, were unemployed, or are currently unemployed would also be eligible.
- Those who were not eligible in 2019 or 2018 but would be eligible in 2020, could submit at least two consecutive months of paychecks to verify income eligibility.
- The Emergency Money for the People Act also expands the program to millions more Americans who were excluded from the CARES cash rebates – such as college students and adults with disabilities who are still claimed as a dependent. The individual will receive the payment and their parent or guardian will receive the dependent credit.
The Emergency Money for the People Act has been introduced by Rep. Ryan and Rep. Khanna as well as the following Original Co-sponsors: Earl Blumenauer (OR-3), Judy Chu (CA-27), Diana DeGette (CO-1), Mike Doyle (PA-18), Adriano Espaillat (NY-13), Eliot L. Engel (NY-16), Pramila Jayapal (WA-7), Ted Lieu (CA-33), Joe Neguse (CO-2), Mary, Gay Scanlon (PA-5), Darren Soto (FL-9), Rashida Tlaib (MI-13), Nydia Velázquez (NY-7), Bonnie Watson Coleman (NJ-12), Grace Meng (NY- 6), Alan Lowenthal (CA-47), and Barbara Lee (CA-13).
Champion
#RxLife #UCF #FAMU
Imagine being in high school and getting 2 stacks a month. 
