Saying the coronavirus pandemic could produce a crash worse than the Great Depression, Sen. Bernie Sanders, Ind-Vt., unveiled a comprehensive plan for the next economic aid bill to help workers and families hit hard by the virus.
Key features of the measure include guaranteed jobs for all, universal health care regardless of ability to pay or immigration status, extension of Medicare to pay for everyone – including co-pays, deductibles, and out-of-pocket expenses — and $2,000 monthly government grants to everyone in the U.S. for as long as the emergency continues.
“There is little doubt that we are facing an economic crisis that could be even worse than the Great Depression,” the senator, who still seeks the Democratic presidential nomination, said on his campaign website. “The St. Louis Federal Reserve projected 47 million people may become unemployed by the end of June, with unemployment reaching 32%.
“We must make sure every worker in America continues to receive their paycheck during this crisis and we must provide immediate financial relief to everyone in this country.”
Sanders’s plan joins a plethora of other proposals for the next economic aid bill, which virtually everyone – left and right – expects lawmakers to craft after they return from a three-week recess.
