Progressives Renew Push for $2,000 Monthly Stimulus Checks but Economists Are Skeptical [View all]

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Amid the ongoing debate over a new coronavirus relief package, progressives in Congress are advocating for $2,000 stimulus checks—not just once but every month until the pandemic is over.

More than 50 House Democrats, led by Representative Ilhan Omar of Minnesota, sent a letter to President Joe Biden and Vice President Kamala Harris on Thursday urging their administration to back recurring direct cash payments.

"One more check is not enough," Omar wrote, likely referencing the $1,400 payment included in the president's $1.9 trillion relief package.

Source: Newsweek

I think this has about as much of a chance of happening as I have becoming to Professional Unicorn rancher. But the idea, IMO, has merit especially after seeing the 'compromise' offering like reducing the stimulus payments to 400 dollars. Which won't cover one month's rent in most places.