+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeNewslettersNextShare

Democrats are getting behind the idea of more stimulus checks to Americans. Here are 3 plans that could be part of the next coronavirus relief bill.

  • Increasing numbers of Democrats support the idea of recurring stimulus checks.
  • Several lawmakers have started rolling out proposals for additional stimulus payments as well.
  • Here are three proposals that could shape the so-called "Phase 4" coronavirus rescue package.
  • Visit Business Insider's homepage for more stories.

Democrats are gearing up to enter negotiations for another large coronavirus relief bill aimed at slowing the ongoing freefall of the American economy. And more are increasingly backing the idea of additional stimulus checks to shore up people's finances during the coronavirus pandemic.

Nearly 150 million Americans are set to get the one-time payments under the $2.2 trillion stimulus package approved last month. But critics, particularly on the left, argue the emergency federal cash is a paltry sum that won't help tide people over during an extraordinary public health crisis.

More Democrats are calling for recurring payments. Over 50 Democratic lawmakers sent a letter to congressional leaders calling for such payments to help low-income people earlier this month. Several started unveiling plans of their own in the past few weeks.

Read more: The stock market is rebounding without the most important ingredient it needs for long-term gains — and one quant chief warns it's a setup for another crash

House Speaker Nancy Pelosi said the idea of a minimum income merited further consideration.

"Let's see what works, what is operational, and what needs other attention," Pelosi said in a MSNBC interview on Monday. "Others have suggested a minimum income, a guaranteed income for people. Is that worthy of attention now? Perhaps so."

Here are three plans that could shape the next coronavirus relief package.

Read the original article on Business Insider
Advertisement

You are subscribed to notifications!
Looks like you've blocked notifications!