Member-only story
First up, the House Ways and Means Committee has shown support for another round of stimulus checks.
This is good news for those of you wondering if and when the next check might be coming.
And that’s not all, over 26 democrats in the house have signed a letter to president Biden requesting automatic stabilizer be put in place.
The letter gives details on these stabilizers and how they would cut through the red tape of congress, giving lawmakers the ability to “avoid negotiations tied to any future relief package, allowing for faster distribution.”
The suggested bill would use unemployment as an automatic stabilizer, which would allow the changing amount of qualified unemployed taxpayers to receive one of these automatic payments.
This could be big news for the future of economic stimulus, we’ll have to wait and see if the movement gets any more support.
Meanwhile, cities are putting their American Rescue plan funding to fight crime.
You heard me right, metropolitan areas across the nation are using some of their cut of the $45 billion in stimulus to create summer jobs that keep youth off the streets.
President of the national urban league, Marc Morial said, “A major component of my anti-crime…