New House proposal for one-time stimulus checks falls short of what many Democrats wanted - Business Insider

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'Another Band-Aid over a gaping wound': New House proposal for more one-time stimulus checks falls short of what many Democrats wanted

The Economic Security Project, an organization that backs universal basic income and lobbied lawmakers to support recurring payments, said the stimulus check plan falls "well short" and would barely cover one month's rent in many parts of the country.

Over 33 million Americans have either lost their jobs or filed for unemployment benefits in the last two months as a result of the pandemic ravaging the economy, underscoring the severity of the downturn.to congressional leaders on Monday urging direct payments to American families throughout the pandemic.

Cleaver, who sits on the House Financial Services Committee, said ongoing payments would not have likely drawn GOP votes in the Senate. Republicans have declared the House proposal dead-on-arrival and"Everything we do, we have to have a taste of realism," Cleaver said.

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