Corona-Virus (COVID-19) |
This
article was originally posted on ChangeRoots dot com
TL; DR: Congress passes
relief bill
By now, you have heard
about the Corona-Virus (COVID-19)
that is spreading across the globe. As of March 18, 2020, all 50 states are
reporting cases of the virus. The total counts in the U.S has reached 5,881
confirmed cases and 107 deaths (source NYTimes).
With city-wide
shutdowns, people are spending and earning less, businesses are suffering and
it looks like we’re headed towards an economic recession.
Congress just passed the
Coronavirus Relief Bill to support citizens and the economy with overwhelming
bipartisan support on March 18, 2020. President Trump signed it that night.
What’s included in the bill?
- Pays for
coronavirus testing
- Requires
paid sick leave for those affected
- Helps
businesses pay for sick leave
- Strengthens
unemployment insurance benefits for those fired or have hours reduced
- Helps low-income families afford food
What’s next?
The bill passed Congress
and has been signed into law by President Trump. Trump requested a separate and
huuuuuge (like $1 trillion) stimulus package and things like immediate relief
in the form of $1,000 checks for all citizens (s/o to Andrew Yang) and
bailouts for industries impacted like airlines. That’s what’s coming in part
3.
Recap:
- Part 1:
$8.3 billion to fund spurring coronavirus vaccine research and development
(passed March 6)
- Part 2:
$100 billion largely focused on paid sick leave and unemployment benefits for
workers and families (passed March 18)
- Part 3: $750 billion – $1 trillion to prevent a recession (being drafted). This would be larger than the $700 billion economic relief bill passed during the 2008 recession.
What’s the Post-partisan take?
It’s a scary and trying
time as information and the world around us seem to change daily. And while
we’re in a state of uncertainty, we’re also looking for glimmers of hope.
Congress passing a bill with such overwhelming bipartisan support? A huge
glimmer. President Trump demanding relief by putting cash in the hands of struggling
Americans, with Democrats supporting the demand? Triple huge glimmer.
We’re seeing small
examples of what we can happen when we put down political loyalty and pick up
protecting the wellbeing of all Americans first. Now imagine if this was how we
operated all the time. That’s the post-partisan world we’re fighting to
create.
WTF Does the Coronavirus Bill Mean for Me?
If you get sick…
- The
government will pay for the test confirming you’re sick.
- Your
health insurance (or lack of) determines how much the rest of your care cost.
- The
government will pay your company to pay you for sick leave – if you work
at a company between 50 and 500 people
- If you are told to quarantine
the government will cover part of your loss of income
If you get laid off because
of coronavirus…
- Apply for unemployment insurance
- You may
become eligible
for food stamps
- You may become eligible for welfare
If you are an hourly
worker and your hours get cut…
- You may
become eligible for partial unemployment insurance benefits
- You may become eligible for food stamps
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