Alexandria Ocasio-Cortez exposes the horrific fate of unemployed Americans. John Iadarola and Francesca Fiorentini break it down on The Damage Report. Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/
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Read more here: https://theintercept.com/2020/03/27/coronavirus-rent-suspension-evictions-bill-payments/
"ON WEDNESDAY, APRIL 1, rent payments will be due for the first time since the coronavirus outbreak was declared a pandemic — yet even with unemployment at a record high, major bill payments have barely factored into U.S. politicians’ response to the crisis.
On Friday, the House passed an emergency multi-trillion dollar relief package, which was approved by the Senate on Wednesday night and will now head to President Donald Trump’s desk. It’s about five times bigger than Barack Obama’s 2009 stimulus and represents a massive upward transfer of wealth. Though it includes a significant expansion of unemployment benefits and a onetime check of up to $1,200 for individuals and $2,400 for couples, it’ll take up to three weeks for people to begin receiving those relief checks, according to Treasury Secretary Steven Mnuchin. That will be too late for the nearly 3.3 million people who filed for unemployment benefits last week, and others who have become underemployed as a result of the pandemic."
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