House Democrats on Monday evening released a coronavirus stimulus proposal that includes direct payments to Americans that are more generous than the rebate checks proposed by Senate Republicans.
The proposal would provide payments of $1,500 per adult and $1,500 per child in a household, up to three children. The maximum a family could receive is $7,500.
Individuals with income of more than $75,000 and married couples with income of more than $150,000 would have to repay some or all of the payment amount when they file their tax returns but could chose to repay the amount over the course of three years. The IRS and Social Security Administration would work together to get the payments to households, and when possible, the payments would be delivered to people via direct deposit, according to a fact sheet from the House Ways and Means Committee.
Read more at The Hill.
{Matzav.com}
This is so stupid. Most families making say 175k are in the same position at people making 100k as they are bot eligible for any programs or breaks from yeahivas.
the average salery in the usa is in the 35000 range
Not for those of us who are stuck in dead-end burn-out jobs. We get salaries that are meant for bachurim. But all the naysayers tell us, we must stay in our abusive jobs because it is a lot better than no job at all. A disgrace and a chutzpah of our bosses.
Stimulus Talks “Are Stalled Out” After House Democrats Unveil $2.5 Trillion Counterproposal
Update (1535ET): House Democrats have published their counterproposal to the Senate coronavirus relief bill, which include the following provisions (among other things):
Here are just a few things Democrats are holding up the Coronavirus Relief Bill for:
-Corporate Board Diversity
-College Debt “relief”
-Election Auditing
-Canceling the debt of the Postal Service
-Same-day voter registration
-Requiring airlines to offset their emissions
But wait! There’s more:
-Pay Equity
-Funding for community newspapers
-Free internet
-$100,000,000 for NASA’s environmental restoration group?
-Mandatory paid sick leave for every single business
-hiding the citizenship status of College Students from the Census Bureau
Via Bloomberg:
• Includes $1.5k in aid per individual; as much as $7.5k for a family of 5
• Would create a temporary Federal Pandemic Unemployment Compensation of $600 a week for any worker affected by the virus and eligible for unemployment compensation benefits
• Would expand paid leave and family medical leave
• Aims to help current borrowers with student debt
• Seeks more than $500b in grants, interest-free loans to small businesses
• Would provide $200b in funding for states; $15b to local govts through the Community Development Block Grant program
• Calls to ensure states can carry out this year’s election with $4b in grant funding; includes national requirement for both 15 days of early voting and absentee vote-by-mail
Of course, it also requires airlines to adopt strict ‘green new deal’ style emissions rules.
Update (1240ET): Senate Majority Leader Mitch McConnell (R-KY) slammed Congressional Democrats for holding up the stimulus bill for unrelated demands.
“Are you kidding me?” he asked, adding “This is the moment to debate new regulations that have nothing whatsoever to do with this crisis? That’s what they’re up to over there,” motioning to Democrats.
“Democrats won’t let us fund hospitals or save small businesses unless they get to dust of the Green New Deal,” he said.
the democrats forgot to include toilet paper for free