By Rachel Bovard
The House of Representatives on Friday passed the Senate’s $2 trillion coronavirus relief package and sent it to the president. What initially began as a bill designed to help the workers and families hurt by job loss or disruption caused by government measures to fight coronavirus morphed into an 880-page behemoth. Here are the highlights: the good, the bad, and the ugly.
The Good Relief is temporary and targeted, and designed to help families and workers fast.
Coronavirus has hit working families hard. If they’re not sick, then they can’t work because the government has kicked them off the job to implement “social distancing” and other public health measures. Small business owners, who generally live on small margins, are told their businesses must close—even though the mortgage, utility bills, and payroll are still due.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was initially drafted to support these people, to make up for the government-mandated sacrifices required in a public health crisis. The good news is that it still did.
While advocates of limited government traditionally oppose this kind of state-run care, conservatives and even some libertarians acknowledge that this is the limited role government should play, particularly when it is the government forcing people off the job for reasons of public health.
What’s more, these provisions are temporary, designed to help families through a crisis not of their own making.
All U.S. residents with adjusted gross incomes up to $75,000 ($150,000 for married couples) will get a one-time $1,200 ($2,400 for couples) “rebate” payment. They are also eligible for an additional $500 per child. Payments will start phasing out for earners above those income thresholds, and will not go to single filers earning more than $99,000, head-of-household filers with more than $146,500, or more than $198,000 for joint filers with no children. Read More - Rachel Bovard- American Greatness
Stimulus Package Includes $400 Million Bonanza for Left’s ‘Democracy Reform’ Movement - Nestled among the 12 titles 880 pages of the $2.2 trillion “Coronavirus Aid, Relief and Economic Security Act of 2020,