The House of Representatives Propose A Legislation That Will Give Americans $2,000 A Month

While some people are enjoying their stimulus checks, and some are waiting on theirs to be deposited or received by mail. The House of Representatives are working on getting the people of the United States more money with a new legislation proposed by Tim Ryan and Ro Khanna.

 

Democrats in the House proposed the Emergency Money for the People Act on Tuesday, April 14. The act will allow qualifying Americans, 16 and older, that make less than $130,000 a year to receive at least 6 months of payment from the government.

 

Each payment will be $2,000 for adults and $500 per child, for families that meet the requirements. The act is said to be able to provide assistance to more Americans than the CARES Act that provided the $1,200 stimulus check.

 

Eligibility, as listed in the press release are as follows:

  • 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.

Some Americans believe the stimulus check simply isn’t enough. Especially in comparison to other countries that are paying the wages of all those unable to work due to COVID-19. In addition to putting other measures in place to help ease the financial burden this virus has placed on their citizens. But will the Emergency Money for the People Act meet the public's satisfactions?

 

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