NEW Stimulus Check Update: $5,760 Stimulus Checks for Essential Workers
Автор: Kevin Conway
Загружено: 2020-05-04
Просмотров: 93368
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Stimulus checks for essential workers have been proposed. Known as Hazard Pay, Hero's Pay, or Patriot Pay, essential workers, those at the front lines, may be receiving another stimulus check boost of up to $5,760.
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The $2,000 + $1,000/month stimulus proposal: • More Stimulus Checks? $1,000 per month + $...
In this latest stimulus bill and stimulus check update, I break down Patriot Pay, the proposal from Senator Mitt Romney that I think has a good chance of becoming another new stimulus bill.
Patriot Pay gives a stimulus check to essential workers. Here are some of the key features of Patriot Pay:
All essential workers would get a stimulus check bonus equal to $12 per hour on top of their regular pay.
This stimulus check bonus would be a max of $1,920 per month
The Patriot Pay proposal would last from May through July, unless extended
Patriot Pay stimulus check would be paid for by employers via a refundable payroll tax credit
In order to receive Patriot Pay, you need to be an essential worker, work at least 100 hours per month, and make less than $50k. If you make between $50k and $90k, the Patriot Pay bonus scales down until you hit $90k, then you get no additional hazard pay.
What workers qualify as "essential" under the Patriot Pay stimulus bill? Who will get a Patriot Pay stimulus check will be determined by Congress and the Department of Labor.
The goal of the Patriot Pay is to provide hazard pay / Hero's Pay to the front-line workers like health care professionals, grocery store workers, and other necessary industries.
Patriot Pay looks to provide a stimulus check to the workers who are not seeing the increased benefits of pandemic unemployment benefits of $600 per week. If you are making below $22 per hour, you would likely make more on unemployment than working. For the front-line workers, this seems unfair, and Patriot Pay aims to solve this stimulus check gap.
I believe Patriot Pay, or something similar to Patriot Pay, has a chance of becoming a new stimulus bill that passes. We can all get behind appreciating those workers who are essential. Is this the right stimulus bill?
COMMENT BELOW: What do you think of Patriot Pay? Do you support this additional stimulus check for essential workers?
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#stimuluscheckupdate #PatriotPay #hazardpay
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