As Washington lawmakers look to restart talks for more coronavirus relief, one group of economists is saying more stimulus checks should be part of the deal.
by Lorie Konish
CNBC.com
For Americans who have had a tough year financially amid Covid-19, a second set of $1,200 stimulus checks would provide some much welcome relief.
But lawmakers on Capitol Hill still need to work out their differences before they can approve another coronavirus stimulus package that will trigger those payments.
Now, a group of more than 125 economists including Jason Furman, a former top economic advisor to President Barack Obama, is calling for more direct cash payments to American families to help them weather the economic effects of the Covid-19 pandemic.
The initiative was organized by the Economic Security Project, an advocate of guaranteed income.