A new bill seeks to dramatically increase financial relief for struggling American families amid the ongoing coronavirus pandemic by extending the government’s stimulus checks months after the crisis is over. The CARES Act provided Americans making up to $99,000 with a maximum of $1,200, with families eligible to receive an additional $500 per child. The plan would forbid debt collectors from seizing rebate payments, something that has occurred with the Trump administration’s blessing under the CARES Act. A couple of House Democrats introduced a similar measure last month that would provide monthly checks to Americans until unemployment falls to pre-coronavirus levels. On a call with her caucus on Thursday, House Speaker Nancy Pelosi (D-Calif.) and other lawmakers voiced support for including $2,000 in recurring monthly payments in the next package for Americans.

Source: Huffington Post May 08, 2020 09:00 UTC