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Trillion-dollar coins would fund perpetually loaded debit cards for all
Tlaib Wants to Hand Out Debit Cards During Coronavirus, Mint Trillion-Dollar Coins to Cover Cost
By Tyler Olson
Fox News, New York
Tuesday, March 24, 2020
In an attempt to help ease the burden of the coronavirus pandemic on Americans, Rep. Rashida Tlaib, D-Mich., released a plan last week for what is essentially a temporary universal basic income that would be distributed to all individuals in the United States, including illegal immigrants, and be funded by the printing of two $1 trillion coins.
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"Hey @realdonaldTrump, let's provide relief from this crisis for people by giving pre-loaded debit cards to every person in America," Tlaib tweeted over the weekend. "No additional debt -- we'll just mint two coins."
The plan, outlined on Tlaib's website, would send a debit card with $2,000 pre-loaded on it to every person in the U.S. and reload it with $1,000 every month "until one year after the end of the Coronavirus crisis." ...
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