Kamala Harris’ plan for $10,000 a month for family of 5 could be impossible to ‘turn off’
By WND News Services
Published January 17, 2021 at 6:41pm
[Editor’s note: This story originally was published by Real Clear Policy.]
By Matt Weidinger
Real Clear Policy
Even while $600 stimulus checks are being deposited in tens of millions of bank accounts, congressional Democrats are laying the groundwork for even greater stimulus payments, which some call “survival checks.” As Senate democratic leader Chuck Schumer (D-NY) recently said, “One of the first things that I want to do when our new senators are seated is deliver the $2,000 checks to the American families.” With Democrats preparing to take power in Washington, a critical question will be whether such survival checks will be one-time payments or recur each month “for the duration of the pandemic,” as Senator Ed Markey (D-MA) and others have suggested. But supporters of recurring payments ignore the fact that, once started, it might be politically impossible to turn off such massive new benefits, requiring huge federal tax hikes to cover their enormous ongoing cost.