Maloney outlines economic aid proposal

Rep. Sean Patrick Maloney released a list of priorities on Thursday that he said he and another Democrat will introduce as the House and Senate race to enact a sweeping package of aid and policies to soften the economic wreckage caused by the coronovirus pandemic.

Maloney, D-Cold Spring, and Rep. Joe Kennedy III of Massachusetts will propose cash payments of $4,000, plus $2,000 per child, to households earning less than $100,000 a year. Homes with higher incomes would get $2,000 cash payments and an additional $1,000 per child.

They foresee continuing the support for households earning less than $100,000 after one year by delivering the same $4,000 payments in quarterly installments until the unemployment rate falls below 5.5 percent for two quarters in a row.

The rest of their proposal is eight pages of ideas ranging from support for the health-care workers who are on the front lines of the crisis, to aid for Metro-North Railroad and allowing food-stamp benefits – the Supplemental Nutrition Assistance Program – to be used for restaurants and other small businesses.

“A global pandemic impacts all of us, no matter your nationality, beliefs, or abilities,” Maloney said in a statement. “This coronavirus emergency relief policy framework makes sure our most vulnerable are not left behind and puts resources where we need them most.”

The Trump administration and Senate have been negotiating a $1 trillion aid package with direct payments to households and assistance for businesses in response to the pandemic and the rapid economic shutdown it has caused. Whatever terms they agree on will then have to been reconciled with the House’s priorities.

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