While a bipartisan provision for paycheck subsidies, led by Democratic Rep. Stephanie Murphy of Florida, was included in the, the stimulus bill has been dismissed by Senate Majority Leader Mitch McConnell, and the president called it "dead on arrival."
In a direct effort to lower the unemployment rate, Jayapal's bill would automatically renew until the unemployment rate stays below 7% for three months in a row. Jayapal's legislation was praised by former Federal Reserve Chair Janet Yellen, who said the paycheck subsidy is a "smart, quick and effective way to channel aid to workers through their firms." the Paycheck Security Act, which would also provide salary and benefits up to $90,000 per worker.
But, both pieces of legislation would likely face opposition from Republicans, who control the Senate. It's unclear if President Donald Trump would support the effort.
WE stimulate the economy, not corporations. So yes, great idea.
What is the Worst trick to play on a Democrat - Put their paycheck in their Workboots - They'll NEVER Find it!
OPEN UP SMALL BUSINESS and stop this stupidity!
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Source: BusinessInsider - 🏆 729. / 51 Read more »
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