Washington, D.C. – On Monday, Speaker Nancy Pelosi spoke out in support of guaranteed income. This is a shift for Pelosi who has resisted many of the socialist platforms in the past. She suggested in the interview on MSNBC that the assistance that has been started should be extended in some form.
Pelosi’s statements were interesting. Here’s the exact details of what she said.
Others have suggested a minimum income for — a guaranteed income for people. Is that worthy of attention now? Perhaps so, because there are many more people than just in small business and hired by small business, as important as that is to the vitality of our economy, and other people who are not in the public sector to meeting our needs in so many ways that may need some assistance as well.
In the past, Pelosi has been against the socialism platform. In 2019, she said that socialism was not the view of the Democratic Party.
Proposals by lawmakers have varied to some extent as to what is suggested. Some have suggested $2,000 per adult and $1,000 per child for up to 1 year as part of the coronavirus aid.
Others have suggested that the government should support business payrolls for anyone making under $100,000. Suggestions have been made to cover up to 80% of business payroll as well as small business expenses such as rent as part of the measures.
Either way, Congress is expected to pass additional measures to help aid in coronavirus response. While there has been hesitation to push for immediate measures, it’s expected the measure could pass sometime in May.
Americans continue to be placed out of work due to coronavirus. New unemployment reports are due out on Thursday. At last report, over 26 million Americans were out of work due to the pandemic.
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