$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy

$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy

Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly funding from the federal government.

Also read: Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt The Emergency Money for the People Act

U.S. representatives have been pushing for a universal basic income (UBI) plan for quite some time now. Since the start of the coronavirus outbreak, […]

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