Speaker Pelosi said today that that Congress might need to consider offering guaranteed income to some Americans to help the country recover from the economic impact of the Covid outbreak. #mondaythoughts
washingtonpost.com/us-policy/2020…
washingtonpost.com/us-policy/2020…
2-"Her comments came as House Democrats push forward to unveil a major new economic rescue bill in coming days. Democrats want to boost aid for cities and states, increase funding for nutrition assistance and raise financial support for individual Americans.
3-"The emerging Democratic bill is certain to run into opposition from most Senate GOP, & could set off a fierce ideological & partisan battle about how much further the fed gov't should go in its response to Covid as the nation’s economy reels heading into the election."
4-"The idea has gained traction in recent weeks though as a possible response to massive job losses during the pandemic, with even some Republicans warming to it.
5-"Political leaders are hunting for ways to address the economic fallout after more than 26 million Americans have filed unemployment claims in less than two months." ~WaPo
6-"Democrats are also weighing multiple other items, including direct assistance for housing, money for election security and vote-by-mail initiatives, hazard pay for front-line workers, child-care assistance, and more money for health providers and hospitals.
7-"The debate is taking shape with many House Dems eager to take a greater role in shaping the fed response But with Congress already devoting nearly $3T to the response with 4 bipartisan bills, the debate over the next step is already taking on more partisan overtones."
