General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSounds like nothing in the bailout....
for a large group of fixed income poor.
I am a senior with health issues but not enough to be on disability. In 2018 (the tax year they are using in this first release for qualification) I had $0 income due to health and inability to work, luckily I could stay with a relative and got by until 2019 when I got some income by taking early retirement social security part way through the year.
I was able by this income (and not being able to stay any longer with the relative) to get a small apt in a senior complex. I am just barely getting by as my SS payments run just at poverty level. Hard to buy food and household needs by the end of the month even getting help from meals on wheels.
This first bill requires you to have had a small income ($2500 of "qualifying" income, whatever that means) in 2018 to be eligible. Last year I received about $9000 from SS benefits and could really use the bail out funds to stock up on a bit of food (maybe for a month) and pay some bills (including some medical debt not covered by the ACA insurance I am currently getting. I know several of my senior neighbors are in similar situations and could also use the funding.
Anyway, I'll mange either way but just wanted to express my situation and how the first release of the plan potentially won't be helping lots of folks with low fixed incomes. I have read several commits on DU expressing the sentiment that only those who are unemployed because of the virus crisis should get any bail out funds and I agree that they should get support but am asking that everyone think about folks like myself in their considerations.
napi21
(45,806 posts)but just SS you aren't required to file a tax return.
wcmagumba
(2,883 posts)the first "senate republican" proposal that it will be changed to include more people by the time it gets to senate democrats and the house. So it might turn out for the best for everyone if the thugs don't totally blow it up with poison pill amendments and drump would still sign the bill...like with corona, we just don't know right now....
SCantiGOP
(13,869 posts)Repeat after me:
Speaker Pelosi and the Democratic-controlled House of Representatives.
They've got America's back.
wcmagumba
(2,883 posts)Bernardo de La Paz
(48,988 posts)Doreen
(11,686 posts)but I am not one of the people who have to do a monthly finance adjustment. I am at poverty level but I know my money is coming in and how much. I also do not have children to worry about.