One $1,200 stimulus check won’t cut it. Give Americans $2,000 a month tax-free to fire up the economy

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'Rent is still due, credit card bills keep coming in, utilities still need to be paid, our phone plans haven’t gotten cheaper, we still need to buy groceries to feed our families. How far do politicians think one $1,200 check can stretch?'

Since the coronavirus struck our shores, my focus has been on keeping Americans safe and ensuring working people don’t get left behind. Their struggles today are greater than ever. Too many have suffered job losses, shrinking income, isolation, and health issues — all while caring for children and other loved ones.

I spoke to a woman who is low-income and receives Supplemental Security Income ; she takes care of five other people in her home, yet was not eligible for the $1,200 check. I heard from a constituent on disability who has custody of her children, but the $1,200 check went to her former spouse. I talked to a college freshman living by himself, independent of his parents, but he did not qualify for any assistance.

A one-time payment is simply not enough to sustain most Americans for the length of this crisis. One of the most important things we can do right now is to put cash in the hands of average hard-working Americans. Consumer spending makes up roughly 70% of U.S. gross domestic product, so how will our small businesses survive if their customers don’t have money in their pockets? The old strategies have failed us.

 

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That's right money doesn't go far for the poor people rent never stopped and all the other bills never stopped people who own there homes don't have to pay rent or house payment but they own business that have been funded generously. And that's were the poor guy spends money D up

khanquer_ If we had gotten the second check in may like we're told in the BEGINNING THAT 1200 WOULD HAVE BEEN FINE NOW EVERYONE IS SO FAR BEHIND WE NEED A STEADY CHECK EACH WE NEED A CHECK NOW THERE IS NO JOBS TO GO TO WORK

Yeah... That check isn't even coming.

jjauthor How about a Lexus too

Hey POTUS not for nothing but the stimulus check doesn’t exactly help when it takes you 20 weeks to get it to me. Amazing ain’t it they expect me to be on time paying them but when they’re giving me back my own money they feel they can take up to 20 weeks.

Shame Americans are not Boeing, Delta, other major Corporations? You might get more than $1200?

No, simply end all this stupidity, and let businesses all reopen.

Time to recall blue governors

My check will show up sometime in late May or early June. This whole thing is a joke.

People have no idea the wave of bankruptcies, both residential and commercial, home foreclosures, vehicle repossessions. It will be something we couldn’t even imagine.

If you got $1200 thank God. Because my husband and I have gotten 'zero' here in Georgia.

They think it should last 90 days! They have no clue! Failure of leadership! A depression is on the horizon as the economy is being opened too soon around the country!

California is trying to come up with plan to pay people’s credit cards.

It was predicated on the idea THAT PEOPLE WOULD STAY HOME and wash their hands...not get or infect someone. In three or so weeks it would be over.

GurayMollaoglu

aihsan_goker

AnayasaNevzat

Lets try demand side economics for a change.

8 weeks

MelissaArmo Still dont have it

How about save for a rainy day instead of looking for a handout

👎

Ppl do live below the poverty line nowadays. How much should taxpayers pay, so ppl dont have to stretch their money so far, living better than that? There is a cost for comfort. Sometimes people are more motivated to work for better comfort by being uncomfortable a little bit.

Mnuchin already gave you the answer. This is 10 weeks of bridge liquidity. And for most people that bridge will turn into a cliff.

Not very far

some of us haven’t even got that and if you’re undocumented we get nothing 😔

Very true, the uscongress should consider. Making the Stimuluscheck a monthly deposit to help Americans during this pandemic.

I coming for a period when have to 10% of your income for pandemic days

Well if we reopened the economy, people could start getting paid again... duh!

‘America fuck yeah’ 😂🇺🇸📈

realDonaldTrump VP senatemajldr SpeakerPelosi GOP TheDemocrats larry_kudlow REP,DEM, 2020 winner of the president A $2000.00 A month for 6 months would really helpand be an ideal idea if we are not going to have the economy open so we can return to our jobs. JoeBiden

Shit.... When is that check coming?

Doesn’t matter, all it matters is the stock near ath. People can get food at food banks. Earnings don’t matter. People don’t matter in Feudalism.

Be thankful u even got that much

TimRyan Why not a million a month for every man woman and child? Or a billion a month ?

It easily should last 10 weeks.....

credit card companies must lower interest charges on consumers retroactively too. americanexpress visa mastercard discover realDonaldTrump CongressFightsCorona

TimRyan With how much printing they've done already, fuck it. I'll take some more free cash and turn it Into assets before the hyperinflation 💩 hits the fan

TimRyan How about just stop taxing us on what we earn and stop taxing us on what we spend 🤷‍♂️

TimRyan Sounds like crashing the economy and introducing socialism

TimRyan Haven't even gotten my 1200 yet lol

TimRyan UBI Mlle_VikiFlaire BGEweilAutomati

TimRyan Don’t those on unemployment get their full checks weekly, plus 600 on top... so about 800-1100 a week for 4 months and a 1200 stimulus. They should be able to pay their bill. Other than that there’s no point. Money is worthless if there’s nothing to buy outside of food and bills

TimRyan How much is the bread:

TimRyan US is a failed state. Really sad.

TimRyan for 12 months

TimRyan I think 10,000 a month would fire up the economy more..imagine all that consumer spending!

TimRyan What part of inflation is unclear to you? Did you sleep through that day in Economics 101?

TimRyan But wouldn’t $5000 a month be more helpful?

TimRyan 🤔

TimRyan Even better open up the economy. It can be proven Covid -19 is a big waste of time. Not worthy of a government shut down.

TimRyan When it’s come to people returning their money we calculate when it comes to reward companies that did billion in buyback we hand over billion without consequences

TimRyan I'm dead serious somebody is getting their ass kicked if we give out more money...warning

TimRyan DO NOT give people more free money!!! WHY? I'm fighting somebody of more free $$$ are getting handed out!

TimRyan Can we get that first $1200? ....some people still waiting.....🤔 If you want to send that check for $3200 that would be great. Take your time deciding, no biggie, right? Thank you in advance for your time and consideration we await your valuable response!!

TimRyan 1200 is not enough. People need more then that. Its toilet paper!

TimRyan I agree.

TimRyan Can we get $3k? $3k? Going once, going... We've got $4k! $4k is the high bid now, ca... $5k!

TimRyan I don’t know that I love our government taking a loan out on my great grandkids... how’s life in Sweden these days? It states without StayAtHome orders? SocialDistancing COVID19

TimRyan Still haven't gotten the first check and website useless on the date I will get it

This is a brutal reminder for many to have some savings as hard as it is for many people, but even $20/week saved for 2 years would be $2,080. That would be very, very helpful for many right now.

It shouldn’t be blanket checks to everyone. It should be to only those that have lost their job

Money for nothin kicks for free.

It hasn’t come.

Exactly! REOPEN AMERICA!

How will this be paid for? If not taxed, fine. But big gov’t will print more and more money until we’re so deep in a recession or another depression that we will need to 110% rely on gov’t handouts

Pay everyone $2000/month tax-free until we reach pre COVID19 employment levels...Which will NEVER happen because: 1. We killed off a bunch of businesses with this shutdown. 2. If people earn the equivalent of $30,000/year without working, many will choose not to work. Insane!

This would be insane!

Some peoole didn’t even get that dur to a glitch causes an error that in their portal system that they can’t get verified!!!

EXACTLY!!!! HELP US!! realDonaldTrump DonaldJTrumpJr TeamPelosi SenSchumer

Do people not have savings accounts?

RepTimRyan RoKhanna pass the new bill

I did not even get mine. realDonaldTrump

I had boss tell me: There are 3 kinds of people in the World: 1. Those who make things happen. 2. Those who watch things happen. 3. Those who wondered what happened. Which one are you? Most people are number 3. Idiots😃😂😁😀☺😆😇😯😮😣😴😢😡

Haha, kinda funny but not really funny to laugh at. Some serious question.

Those funds are going to the well off,like harvard with billions in reserved,autoinsurance said cutting premium,sure,first they raise't then return about 10%

The Trump/Rep government protects the wealthy, wealthy, donor corporations- NOT us. Time for a change

Medical malpractice lawsuits and worker comp should be firing up anytime...

Who is this quote from? Someone hands you $1200 and your only response is 'that's it?' You're the problem.

I tweeted a dozen times but the country on a freeze, the simplest answer always get's overlooked

I have some recollection that Steven Mnuchin said one could last 10 weeks on $1,200 (so, $100 a week). I am not sure if that is realistic or not for where some people live and what is factored into this calculation. Opinions?

an absolute disaster...

How about GETTING the checks to everyone. It’s a joke that people who filed taxes I. 2018 through a 3rd party don’t have checks!!

Need to open up tomorrow.

bp22 Stretch? Most people (70%) are making making more money unemployed when you consider the extra $600/week that is being added to unemployment checks.

What stimulus check I didn't hear anything.

The GOP are afraid of all the steaks and lobsters poor people will be buying instead of paying bills. What is the worst case scenario ? We stimulate the economy and tend to all the repairs and maintenance issues we have or manage to save a couple of bucks for hard times?

That’s why having savings a the best safe haven for anyone.

Great Depression v2.0 with only winners-Banks!!!! And filthy rich 1

I filed my taxes last year and every year and didn’t receive any check

Why do you have a credit card in the first place?

All of a sudden everyone is Yang gang

10 weeks as told by admin official

No money for visa workers please

Ten weeks. US Secretary of the Treasury.

They could care less about you...

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