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ECONOMIC STIMULUS PLAN 2020

THE U.S. GOVERNMENT'S RESPONSE

 TO THE CORONAVIRUS PANDEMIC

We're not claiming to be the ultimate authority on the 2020 economic stimulus.

But here are a set of links about what we have right now, and what ideas are out there for change.


THE CARES ACT (The Coronavirus Aid, Relief, and Economic Security Act)

This was the first economic stimulus bill of 2020.

It provided an estimated $2 trillion stimulus package.

Read the Bills

S.3548 [116th] CARES Act

H.R.748 [116th] CARES Act

Related Articles

Here's what's in the $2 trillion stimulus package — and what's next (Politico, 3-25-20)


PAYCHECK PROTECTION AND HEALTH CARE ENHANCEMENT ACT

Read the Bill

H.R.266

This $484 billion supplemental relief package includes $310 billion for the Paycheck Protection Program,

$60 billion or the Economic Injury Disaster Loan program,

$75 billion for health care providers (supplemental to previous $100 billion in the CARES Act),

and $25 billion for COVID-19 testing.

Related Articles

Trump Signs Coronavirus Stimulus Bill as Focus Shifts to State Funding (The Wall Street Journal, 4-24-20)


THE HEROES ACT

This is a $3 trillion dollar Democratic stimulus plan introduced by the House of Representatives.

It is worth up to $6,000 per family. And is the largest stimulus package in history.

Named "The Heroes Act," the legislation would establish a $200 billion fund to provide hazard pay to essential workers who have remained

on the job during the pandemic -- a measure that was not included in the prior relief packages.

Bill Text (PDF)

The Heroes Act Summary - H.R. 6800 (PDF)

The Heroes Act One Page Summary (PDF)

Democratic proposal includes new stimulus payments of up to $6,000 for families (CNN Politics, 5-13-20)


EMERGENCY HEALTH CARE GUARANTEE ACT

On May 15th, 2020, Senator Bernie Sanders (I-Vt.) introduced the Health Care Emergency Guarantee Act to eliminate all out-of pocket health costs for every person in America during the COVID-19 crisis.

Senators Kirsten Gillibrand (D-N.Y.), Edward Markey (D-Mass.), Elizabeth Warren (D-Mass.), Cory Booker (D-N.J.), Jeff Merkley (D-Ore.), and Kamala Harris (D-Calif.) cosponsored the legislation.

Sanders, Gillibrand, Booker, Warren, Markey, Merkley, Harris Introduce Emergency Health Care Guarantee Act (Sanders Senator Page)


RELATED EARTH FUTURE ACTION REPORTS

TWO REFORMS NEEDED - TO THE 2020 ECONOMIC STIMULUS PLAN (Earth Future Action)


OFFICIAL WEBSITES

U.S. GOVERNMENT

Coronavirus.gov (Affiliated with the Whitehouse, the CDC and FEMA)

Whitehouse.gov

Information on the Whitehouse Coronavirus Task Force and its Members

U.S. State Department

 

STATE GOVERNMENTS

DC.gov

Virginia.gov

Maryland.gov

Dates When All 50 States Plan to Open

 

HEALTH

CDC.gov

HHS Coronavirus Updates

World Health Organization

 

STATISTICS

Worldometer Death Statistics


ECONOMIC ASSISTANCE PROGRAMS

Paycheck Protection Program (Small Business Administration)


PROGRESSIVE RESPONSES

Many Democrats have argued that the government's response isn't enough.


REPRESENTATIVES RO KHANNA AND TIM RYAN INTRODUCE LEGISLATION TO SEND AMERICANS $2,000 A MONTH

Full Text of the Bill (PDF)

Press Release (Ro Khanna Website)


REPRESENTATIVE RO KHANNA AND SENATOR ELIZABETH WARREN ESSENTIAL WORKERS BILL OF RIGHTS

A bill to protect the workers on the frontline of the Coronavirus crisis.

Letter to McConnell, Schumer, Pelosi Promoting Essential Workers Rights Bill (PDF)

Ro Khanna Press Release (Khanna Official Website)

Warren Press Release (Warren Official Website)

Warren and Khanna's "Essential Workers Bill of Rights" Cheered as Much-Needed Protections for Those on Frontlines of Crisis (Common Dreams, 4-13-20)


REPRESENTATIVE ILHAN OMAR BILL TO CANCEL ALL RENT AND MORTGAGE PAYMENTS DURING PANDEMIC

Rep. Ilhan Omar Introduces Bill to Cancel All Rent and Mortgage Payments During the COVID-19 Pandemic (Ilhan Omar)


CONGRESSIONAL PROGRESSIVE CAUCUS PLAN

The Congressional Progressive Caucus unveiled plans for a second coronavirus package that includes $2,000 monthly cash payments and vote-by-mail. (Common Dreams, 4-10-20).

View the following sources below about this more comprehensive, economic stimulus plan.

 

LETTERS

Congressional Progressive Caucus Letter to Pelosi

The Congressional Progressive Caucus released a letter, signed by members of the CPC Executive Board.

The letter is urging Democratic House Leadership to take bolder action in terms of releasing a more comprehensive economic stimulus.

 

CONFERENCE

Put People First Conference to advance Congressional Progressive Caucus priorities

Representatives Alexandria Ocasio-Cortez, Ilhan Omar, Rashida Tlaib Ayanna Pressley, Pramila Jayapal and Mark Pocan joined leaders of progressive organizations for a virtual press conference.

The conference launched the #PutPeopleFirst campaign to advance the Congressional Progressive Caucus priorities in the next coronavirus relief package.


OTHER IDEAS

An immediate economic stimulus plan with no extra taxpayer costs (American Enterprise Institute, 3-13-20)

Message to Congress - Green Stimulus to Rebuild our Economy (Medium, 3-22-20)

IS THE CURRENT "BAIL OUT" A SCAM?

ECONOMIST MICHAEL HUDSON CALLS $6 TRILLION BAIL OUT A SCAM (Michael Hudson - Moderate Rebels)

Economist Michael Hudson explains that the CARES Act, and the Federal Reserve, have not given a “bailout,”
but a massive, $6 trillion giveaway to Wall Street, banks, large corporations, and stockholders.


GROUPS TO LOOK AT

Congressional Progressive Caucus

Social Security Works

Move On

Indivisible

Community Change Action

Justice Democrats

American Enterprise Institute


RELATED EARTH FUTURE ACTION REPORTS

TWO REFORMS NEEDED - TO THE 2020 ECONOMIC STIMULUS PLAN (Earth Future Action)