NewsNational News

Actions

Proposed bill would allow Americans to receive a $2,000 stimulus check each month through COVID-19 crisis

CORP-Digital-Default-Image-1280x720-WMAR.png
Posted at 1:20 PM, Apr 15, 2020
and last updated 2020-04-15 13:20:44-04

WASHINGTON — Two House Democrats have introduced legislation to give millions of Americans $2,000 per month during the coronavirus pandemic.

The new bill, named the Emergency Money for the People Act, is being introduced by Rep. Tim Ryan, D-Ohio, and Rep. Ro Khanna, D-Calif.

“A one-time, twelve hundred dollar check isn’t going to cut it,” said Rep. Ro Khanna in a statement. “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.”

The release states that while the CARES Act was “an important first step” to help those impacted by the pandemic, “it does not provide nearly enough support for American families.”

Eligibility factors would include:

  • 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.

To read the full release, click here.