The NPR Politics Podcast What Is In The Next Covid Relief Bill
Feb 16, 2021
Scott Horsley, NPR's chief economics correspondent, dives into the $2 trillion Covid-19 relief bill in a lively discussion. He highlights the potential benefits, such as direct payments and increasing the federal minimum wage to $15. The political landscape adds complexity as Democrats defend their approach against Republican critiques. The conversation also addresses the anticipated economic recovery post-pandemic and the balancing act lawmakers face between urgent support and inflation concerns.
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COVID-19 Relief Bill Overview
- The proposed COVID-19 relief bill includes direct checks, a minimum wage increase, and changes to child poverty programs.
- These changes aim to provide relief and stimulate the economy.
Impact of Direct Payments
- Direct payments in the relief bill had varying impacts based on income levels.
- Lower-income families spent the money immediately, while higher-income families saved it.
Unemployment Benefit Extension
- The bill extends unemployment benefits through August 29th and increases the weekly federal benefit.
- Critics argue this isn't well-targeted and unemployment benefits are more effective.