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The US is currently passing its own stimulus plan that will ship at least $500B to the bottom half of earners. It seems like the ETA for passing the bill is mi
by smallgovt 7y ago
The US is currently passing its own stimulus plan that will ship at least $500B to the bottom half of earners. It seems like the ETA for passing the bill is mid-week.
- mywittyname 7y ago> to the bottom half of earners. Last I heard it was really for middle-income earners, as there was a phase-in income floor at around $50k/yr and a phase-out at around $75k/yr. Has this changed?
- smallgovt 7y agoThe last article I read was this FT article published two days ago: https://www.ft.com/content/1f8e5a3a-6a58-11ea-800d-da70cff6e4d3 https://www.ft.com/content/1f8e5a3a-6a58-11ea-800d-da70cff6e... The article says the Republicans are proposing $1,200 per individual who earns below a certain income and $500 per child, while the Democrats are proposing $2000 per month to all individuals and $1000 per month to all children. They're apparently stuck on how the corporate bailouts will work.
- nojvek 7y agoSeems like scope creep. Just do the corporate bailouts in a different bill. Ship that $$$ for the working class immediately. And seriously fuck Boeing. They did this to themselves. No bailouts, only loans. $50 billion bailout when they spent billions buying back stocks to enrich their top investors and execs. Should have saved for a rainy month. I’m sure without a bailout they’ll learn a lesson and figure shit out. It’s not the first time. AirBus is hit just as hard. Basically we should ensure people have enough to live by and get through this period. Everything else will take care of itself.
- smallgovt 7y agoLatest details: https://www.youtube.com/watch?v=j-AOqaYSBRA https://www.youtube.com/watch?v=j-AOqaYSBRA $3000 for family of 4; no mention of income brackets restricting payments.