Coronavirus News and Features

New Stimulus Proposal Would Pay Americans $2000 Per Month

Written by looperproduction

Two Democratic Representatives from California and Ohio have introduced new congressional legislation — the Emergency Money for the People Act — that would provide $2,000 per month to Americans impacted by the COVID-19 pandemic.

How It Would Work:

  • Eligible Americans would receive $2,000 in cash per month guaranteed for at least six months.
  • These monthly cash payments would continue until the employment to population ratio for people ages 16 and older is greater than 60%.
  • The monthly cash payments would not count as income. 
  • The monthly cash payments would not adversely impact anyone’s ability to qualify for an income-based federal or state assistance program.

https://www.forbes.com/sites/zackfriedman/2020/04/15/stimulus-bill-taxes-congress-refund/#4b6064d61c65

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looperproduction