COVID-19: Reps. Dean and Beyer Lead Effort for Direct Cash Assistance to Help Americans During Economic Fallout of COVID-19 Outbreak
WASHINGTON, D.C. – Rep. Madeleine Dean (PA-04) and Rep. Don Beyer (VA-08) sent a letter to House Speaker Pelosi and Minority Leader Kevin McCarthy, outlining a robust proposal to provide Americans with direct cash support, following the economic impact of COVID-19. This letter mirrors Senators Booker, Bennett, and Brown's efforts in the Senate.
“American workers have been forced out of work by the COVID-19 outbreak and will now face unique financial challenges," Rep. Dean said. "This financial and public health crisis needs bold action — providing direct cash payments to Americans will ensure no one is choosing between their health or bankruptcy.”
In this letter, the representatives outlined a series of payments to working families, beginning with $2,000 for each American. These payments are to continue, depending on the longevity of the crisis. Payments will only terminate after unemployment drops to less than 0.5 percentage points above the levels experienced before the Coronavirus sparked downturn.
“Direct assistance can give families a swift, certain and vital lifeline while also providing a sorely needed boost to demand when businesses are able to reopen.” Rep Beyer said. “This is not a silver bullet, but will be a critical part of the massive federal response required by this crisis.”
The letter was signed by: Reps. Madeleine Dean (PA-04), Don Beyer (VA-08), Terri Sewell (AL-07), David Cicilline (RI-01), Jahana Hayes (CT-05), Jan Schakowsky (IL-09), Gerry Connolly (VA-11), Alcee Hastings (FL-20), Bill Foster (IL-11), Seth Moulton (MA-06), Eleanor Norton Holmes (DC-At Large), Steven Horsford (NV-04), Norma Torres (CA-32), Raja Krishnamoorthi (IL-08), Jason Crow (CO-06), Dwight Evans (PA-03), Alan Lowenthal (CA-47), Nydia Velazquez (NY-07), and Brendan Boyle (PA-02).
The new proposal builds on The Families First Coronavirus Response Act to provide additional measures needed to offset the economic crisis.
The proposal includes:
$2,000 payment for every:
-- Adult, including those who receive Social Security, VA, or SSI benefits
Child and non-child dependent
-- Workers who filed for Tax Year 2019
-- Non-filers who file an Individual Income Tax Return (1040) separately
Does not include higher-income taxpayers, with a phase-out rate of 5% of the aggregate credit amount starting at higher incomes
$1,500 payment if:
The public health emergency continues into July, as certified by the Secretary of Health and Human Services, and the Secretary of the Treasury makes an Economic Turmoil Designation
OR the unemployment in June is at least 1 percentage point higher than the three-month moving average from December 2019 to February 2020
Half payment of $750 per person if the June unemployment rate is 0.5 percentage point above the December 2019 – February 2020 average
Additional Quarterly Payments:
$1,000 per quarter if:
The Treasury Secretary makes an Economic Turmoil Designation and the unemployment rate in last month of the previous quarter is up at least 1 percentage point compared to the December-February average
Half payment of $500 if the unemployment rate remains at least 0.5 percentage points above December 2019 – February 2020
Payments continue quarterly until unemployment falls to within 0.5 percentage points of levels from December 2019 – February 2020.
Rep. Madeleine Dean is a mother, grandmother, attorney, professor, former four-term member of the Pennsylvania House of Representatives, and U.S. Representative for the Fourth District of Pennsylvania.