Tag: relief

4 Essential Reads: A Jolt Of Economic Relief – The US Delivers $1.9 Trillion
BUSINESS

4 Essential Reads: A Jolt Of Economic Relief – The US Delivers $1.9 Trillion

The U.S. economy and millions of people struggling because of the pandemic are about to get a US$1.9 trillion jolt of stimulating relief. On March 10, the House of Representatives approved a version of President Joe Biden’s coronavirus package that barely squeezed through the Senate. Both votes were almost entirely along party lines. Biden signed the bill into law on March 11. The legislation includes $1,400 relief checks for most Americans, an extension of the $300 supplement for the unemployed, a more generous child tax credit and much more. We turned to our archive to provide some context on this historic legislation. 1. About those $1,400 checks Among the signature – and most popular – features of the package are the $1,400 payments most Americans will soon receive. There was some w...
Permanent Coronavirus Relief A Necessity
IMPACT

Permanent Coronavirus Relief A Necessity

As mass cancellations of public gatherings including sports events, concerts, church services, K-12 school closures, college and university classes moving online, and social distancing sweep the country as precautions because of the coronavirus disease, COVID-19, adverse economic impact is upon us and has been projected to worsen in coming months. Therefore, we need to be intentional about strategizing to create a society that on the other side of this pandemic works for all of us. Some examples of how this can be done are already emerging. The common reassurance that “only” those with underlying health conditions and those over 60 are at risk, in addition to being ableist and ageist, also encourages individualism and an attitude of taking care only of one’s self and loved ones. Those of...