Oakland Residents And America Could Get A $2,000 Stimulus Check Under Proposed Bill

Oakland Residents And America Could Get A $2,000 Stimulus Check Under Proposed Bill
(Last Updated On: April 15, 2020)

Oakland Residents And America Could Get A $2,000 Stimulus Check Under Proposed Bill

ONN – Residents And America Could Get A $2,000 Stimulus Check Under Proposed Bill

According to Channel 11 in Atlanta:

“The new bill, named the Emergency Money for the People Act is being introduced by Rep. Tim Ryan, D-Ohio, and Rep. Ro Khanna, D-Calif.

“A one-time, twelve hundred dollar check isn’t going to cut it,” said Khanna in a statement. “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.

Every American 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 $4,000 per month.

Families with children would get $500 per child per month for up to three children.

Those who are unemployed would be eligible.

The money would not be counted as income. That would allow people on income-based government assistance programs to remain on those.

Eligibility would be based on 2018 and 2019 tax returns. People who don’t qualify based on that would be allowed to provide two consecutive months of 2020 paystubs to prove they are eligible.

The payments would be guaranteed for six months and continue until the employment-to-population ratio for people age 16 and older is above 60%, the congressmen said.

The measure would also close a loophole in the CARES Act that would allow college students and adults with disabilities to receive payments even if they are claimed as a dependent on someone else’s taxes.”

Stay tuned.

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