This new coronavirus stimulus plan is so much better than $1,200 checks

$%name This new coronavirus stimulus plan is so much better than $1,200 checks by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley$

Congress has already taken a series of extraordinary steps to provide unprecedented relief like direct payments to Americans as a result of the coronavirus pandemic, but momentum for a new stimulus bill seems to be stalled at the moment.
Billionaire Mark Cuban, meanwhile, has tweeted out a stimulus idea of his own that we think might be one of the most creative yet.
It calls for a massive federal jobs program, as well as new direct payments to Americans that include a “spend it or lose it” requirement.

At this stage of the coronavirus pandemic, more than two months on from the outbreak first exploding in the US, there are a few things we can say about the crisis with certainty.

For one, this has been a fast-moving catastrophe with a wide scale of destruction, in terms of both public health and economic pain, like nothing the US has seen in more than a generation. Another is the fact that, given the more than 36 million people who have been thrown out of work because of it, it’s probably a certainty that a new stimulus bill will start making the rounds after the Memorial Day holiday. The question is what form it will take, following other coronavirus relief measures that have included direct payments to most Americans of up to $1,200 for individuals and $2,400 for married couples, along with $500 per eligible child — an unprecedented injection of financial relief from the federal government to blunt some of the economic shock of the crisis.

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This new coronavirus stimulus plan is so much better than $1,200 checks originally appeared on BGR.com on Mon, 25 May 2020 at 12:13:59 EDT. Please see our terms for use of feeds.