At this time, the United States government is scrambling to counteract at least some economic damage engendered by coronavirus. As stores, restaurants, and other businesses shut down, there are some very real concerns about how people will manage to support themselves financially and stay afloat.
In the wake of uncertainty caused by COVID-19, the White House is presently fielding the idea of sending cash payments to directly-impacted Americans. The notion of sending out cash payments to offset financial hardship caused by coronavirus is one endorsed by Tulsi Gabbard, Mitt Romney, and also Andrew Yang.
Reports from Townhall confirm that Yang is in contact with the White House regarding the prospects of cash payments. During the tech entrepreneur’s time as a 2020 presidential candidate, a universal basic income of $1,000 per month is an idea that he campaigned upon.
Yang on His Communications with the White House
In a statement earlier this week, the former 2020 Democrat confirmed that he is “offering resources” as the White House works to get ahead of COVID-19’s threat to our nation’s economy.
Additional breaking news confirms that Treasury Secretary Steve Mnuchin is reviewing the prospect of sending checks to Americans; these checks would count as part of a one-trillion-dollar stimulus proposal in the wake of coronavirus. While the White House’s proposal mirrors Yang’s universal basic income, the nature of likely payments is different.
For starters, while Yang previously backed sending monthly $1,000 payments to all Americans, the White House is considering the transmission of aid strictly due to COVID-19. Furthermore, the Trump administration hasn’t indicated that its cash payments would happen on a recurring basis.
Where Do We Stand Now on Coronavirus?
President Trump and his administration, including the coronavirus task force, continue to meet and work with health officials. Likewise, the White House is still sharing updates with Americans and information from the CDC on how to combat coronavirus.
As always, Americans are encouraged to follow the commonsense precautions to prevent the spread of COVID-19. These precautions entail handwashing, good hygiene, deep cleaning of surfaces, and staying home when sick.
Do you believe the White House should transfer cash payments to Americans who will absorb financial hits engendered by coronavirus? How much longer do you think the outbreak will last? Let us know in the comments section below!