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The COVID-19 emergency has led to unprecedented changes in a short time period. The government has passed several pieces of legislation to help businesses and the American public get through this difficult time.
Several other major pieces of legislation are in the works, including an expansion of the Paycheck Protection Program, which provides forgivable loans to small businesses, and several different bills that would provide a second stimulus payment.
One of these proposals is the Automatic BOOST to Communities (ABC) Act, which was introduced by Congresswwomen Rashida Tlaib (D-MI) and Pramila Jayapal (D-WA).
The ABC Act would provide a $2,000 one-time payment to every person in America, including dependents, and would follow that up with an additional $1,000 per month for up to a year after the COVID-19 emergency ends. You can read more about the specifics of the proposal in this overview.
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