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2,000-per-month-stimulus-check-major
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The House overwhelmingly passed a $484 billion spending package Thursday as the unemployment crisis deepens.
$2,000 per month stimulus checks update and congress just passed a second stimulus.
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#StimulusChecks #StimulusPackage #2000aMonth
Now you can add the Automatic BOOST to Communities (ABC) Act proposal, which was introduced by Congresswomen Rashida Tlaib (D-MI) and Pramila Jayapal (D-WA).
If approved, the ABC Act would provide every American with a BOOST debit card that is preloaded with $2,000. The card would be reloaded with $1,000 each month until one year after the end of the COVID-19 crisis.
The bill calls for the use of pre-paid debit cards to assist those who are unbanked or do not have access to check cashing services.
1. What is the bill?
- It is called the Automatic BOOST to Communities (ABC) Act proposal, which was introduced by two Congresswomen and has 11 cosponsors
- If approved, the ABC Act would provide every American with a BOOST debit card that is preloaded with $2,000. The card would be reloaded with $1,000 each month until one year after the end of the COVID-19 crisis.
- By sending out debit cards, it would ensure that everybody living in America, including people who do not have bank accounts or social security numbers, non-citizens, and dependents, would receive the stimulus funds.
- The money can be withdrawn from an ATM, and the card can be used at any store that accepts credit or debit cards.
- The cards would be mailed out to most Americans, but those who do not have a permanent address would be able to pick them up in person from any FDIC-insured bank or credit union.
2. Who is eligible?
The goal of this bill is to guarantee no one is left behind. As written, the bill would provide a $2,000 pre-paid debit card to everyone, including:
1. Taxpayers
2. Dependents
3. Non-citizens-This would include permanent residents, undocumented individuals, and temporary visitors whose stay exceeds three months.
4. Individuals who do not have a bank
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