I like that the amount is adjusted to income circumstances. Still, it’s a huge wallop to the deficit. Another less expensive tool might be debt deferral on long-term debt (e.g., mortgages, auto loans, student loans, etc.) I’d include rent here, too. I’m not sure I’d put credit card debt in it. People who rack up $30,000 on a credit card need to realize just how bad of an idea that is. Companies holding the debt could qualify for relief via existing federal programs. An Executive Order could start/end the program.
So was 20 years in Afghanistan, with absolutely nothing to show for it. Well perhaps the CIA has something to show for it, with record poppy production levels.
$6-10 trillion (depending on how you define it) to these stupid pointless wars that did not even touch those responsible for 9/11. And every defense authorization was rubber stamped.
But give a single penny to the American People? "ARE YOU CRAZY?? THE DEFICIT!!! WE CAN'T AFFORD IT!!!"
Helping out those with debt is IMO completely the wrong way to go. Rewarding all the wrong behavior and stiffing those who have been more responsible but are in current need from the lockdowns.