Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
The bill is just one proposal that has been floated to help cover Americans’ expenses and get them back on their feet amid a widespread economic shutdown.
So, they could run this scheme for near on 3 months for the same cost of the previous 2 trillion they've spunked on corporate (that was used for buy-backs, not keeping people employed) support already.
One generous proposal on Capitol Hill could put as much as $10,000 per month into American families’ hands to help them weather the coronavirus pandemic.
In some ways, it’s a nod to universal basic income, the concept of indefinitely providing people with a guaranteed amount of money per month. But the plan calls for providing the financial relief for only as long as the pandemic lasts.
The bill, named the Monthly Economic Crisis Support Act, was introduced in May by Sens. Kamala Harris, D-Calif.; Bernie Sanders, I-Vt.; and Ed Markey, D-Mass.
It calls for sending $2,000 per month to individuals and $4,000 to couples, as well as $2,000 per child for up to three children. Those earning under $120,000 would be eligible for support, though the payments would be reduced for income over $100,000.
No wonder the stock market in the US is off like a rocket with that much free cash sloshing around as a proposal!
Leave a comment: