🚨BREAKING: I just introduced the Paycheck Recovery Act with 92 co-sponsors! Our legislation will deliver working people immediate relief and certainty while ending mass unemployment and matching the scale of this crisis.
RT to share5⃣things people should know about HR 6918:
RT to share5⃣things people should know about HR 6918:
1⃣The Paycheck Recovery Act keeps workers connected to their paychecks by covering the wages of those earning up to $90,000.
And at a time when 37 million workers have lost their jobs, it also ensures businesses can rehire those laid-off or furloughed since March 1.
And at a time when 37 million workers have lost their jobs, it also ensures businesses can rehire those laid-off or furloughed since March 1.
2⃣HR 6918 is not just an economic recovery plan; it’s a public health plan too. At a time when at least 27 million people have lost health care during #COVID19, this bill also covers the costs of returning workers to their employer-sponsored benefits, including health insurance.
3⃣The Act also covers a portion of businesses' operating costs such as rent to ensure they can re-open when the pandemic ends.
And at a time when more than 100,000 small businesses have closed, it does this without picking winners and losers, covering businesses of all sizes.
And at a time when more than 100,000 small businesses have closed, it does this without picking winners and losers, covering businesses of all sizes.
4⃣The Paycheck Recovery Act will do all of this while covering more than 36 million workers and costing less than what has already been spent on two rounds of Paycheck Protection Program loans, which have failed to successfully stabilize unemployment.
5⃣Proven to be a highly effective program in other parts of the world—from Germany and Denmark to Singapore and South Korea—direct grants to businesses to keep workers on payroll is overwhelmingly supported by the American public. A recent poll found 79% supporting this proposal.
