Senate GOP unveils $1,200 direct cash payments in massive stimulus proposal – By Susan Ferrechio & Nihal Krishan (Washington Examiner) / March 19 2020
Senate Republicans on Thursday announced a $1 trillion stimulus plan to combat the economic damage caused by the effort to control the coronavirus.
The measure includes a plan to send $1,200 checks to individuals and $2,400 to couples earning below a certain income to help them survive the economic impact and layoffs caused by the coronavirus.
It also would provide a cash infusion for small businesses, the airline industry, and healthcare providers scrambling to test and treat patients afflicted with the virus.
“This legislation takes bold action on four major priorities that are extremely urgent and very necessary,” Senate Majority Leader Mitch McConnell, a Kentucky Republican, said before introducing the measure Thursday.
The cash payments are aimed at middle- and low-income earners.
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