EMERGENCY MONEY TO THE PEOPLE
This is a health and economic crisis. Let’s give Emergency Money to the People.
As families and communities continue to deal with the coronavirus outbreak and resulting economic toll, we must provide lasting financial support to the millions of American families who were already living paycheck to paycheck before this crisis unfolded.
Emergency Money to the People delivers help to those who need it most, helping Americans get back on their feet and driving the economic recovery. It should be:
- Bigger – at the scale of the crisis
- Regular – delivering help as people need it
- Lasting – at least until the economy recovers
Our Emergency Money to the People plan would provide $2,000 every month until the economy recovers.
Bottom line: we need to get money into people’s pockets as quickly as possible, and for as long as this crisis lasts. Sign on if you’re with us.
Momentum Builds for Regular Cash Payments
Six months into the global pandemic, and the push for getting regular cash payments to help keep families afloat is gaining steam. Once considered a radical idea, recurring cash payments are now supported by a majority of Americans, members on both sides of the aisle in Congress, and even the leading candidates for President and Vice President.
THE US NEEDS DIRECT CASH PAYMENTS THROUGH THIS CRISIS – AND THE NEXT
Economists have long championed the role of “automatic stabilisers”. When an economy tanks, these fiscal policies kick in immediately, without any need for congressional approval, and provide a countercyclical economic stimulus. Last month, 156 independent economists called for Congress to implement such a scheme, using direct cash payments.
Without Action From Congress, Families & The Economy Face Calamity On July 31st
On July 31st, much of the financial support millions of American families have received from the CARES Act will end, cutting off critical funding that has kept families afloat – just as rent comes due.
As COVID cases continue to rise and the economic recovery trudges slowly along, tens of millions of Americans are about to have their safety net pulled out from underneath them at the worst possible moment.
$1,200 IS A START. BUT AMERICANS NEED REGULAR DIRECT CASH PAYMENTS
By putting money in people’s wallets alongside safety net programs, we can ensure that when the next crisis inevitably arrives, families and the economy are more resilient to its effects.
3/4 of House Dems back regular payments
Both the Congressional Progressive Caucus and New Democrat Coalition have called for regular payments, together representing 3/4 of the Democratic caucus.
CARES 2: Fixes Needed To Get More Money To More People, More Quickly
Following the passage of the CARES Act that gave direct cash assistance to millions of American families, Congress is already working on CARES 2 — another direct cash infusion to help those struggling from the economic crisis. Already, some Members of Congress have proposed solutions — but there’s more to be done to address the gaps and the deepening need.
Join leaders and organizations from across the nation in the call for Emergency Money to the People.