The government has started issuing stimulus checks to everyone within a lower income family.
I actually just received mine today!
Single people over the age of 18 are getting $1,200. Married couples get $2,400. And families with children get an additional $500 per child.
As grateful as we all are about getting our stimulus checks, how long will this money actually last? For most, the single stimulus check won’t even cover one month’s worth of bills. And that presents a problem.
A new plan was introduced this week by two Democratic lawmakers in the House of Representative. This plan will affect everyone over the age of 16 who makes less than $130,000 a year.
The plan is to give $2,000 a month for at least 6 months to each individual until the unemployment falls to pre-pandemic levels.
In addition to the $2,000 payments to adults, qualifying families would receive $500 for each child in their household. The money will be delivered through direct deposit, check, or mobile apps such as Venmo.
“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,” Rep. Tim Ryan said in a press release.
Representative Ro Khanna Khanna spoke up saying that the stimulus checks are an inadequate response to the crisis, which has forced more than 22 million people to file for unemployment over the past four weeks alone.
“A one-time, $1,200 check isn’t going to cut it,” Khanna said. “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.”
Hopefully this plan will follow through smoothly and we can all get back on our feet as best as we can once this pandemic ends.
Until then, stay safe out there, and stay home if you are able.