Romney proposes giving $1,000 to every U.S. adult to stem coronavirus impact
Washington — As American families brace for the economic impacts of the coronavirus, Republican Senator Mitt Romney of Utah is proposing each American adult receive a one-time payment of $1,000 designed to provide economic relief and stability.
Romney unveiled a series of measures Monday to respond to the coronavirus, which has local and state officials ordering closures of schools, restaurants, theaters and bars, and has largely brought day-to-day activities of many Americans to a halt. His plan includes a provision to immediately send the $1,000 checks to ensure Americans can meet short-term financial obligations and boost spending.
The Utah senator also suggested providing grants from the Small Business Administration to small businesses that don’t receive other federal loans, deferring student loan payments for recent college graduates and requiring private insurance plans to temporarily cover telehealth services.
[Source: CBS News]