Senator Proposes Paycheck Security Act

WASHINGTON, D.C.] – U.S. Senators Richard Blumenthal (D-CT), Mark R. Warner (D-VA), Bernie Sanders (I-VT), and Doug Jones (D-AL) today released a proposal to establish a ‘Paycheck Security’ program to cover the wages and benefits of employees of affected businesses and non-profits until the economic and public health crisis is resolved. “Instead of allowing businesses to go into free fall and trying to pick up the pieces later, we’re proposing a guardrail at the edge of the precipice. Our plan gives workers the steady comfort of a consistent paycheck from an employer they can go back to when the crisis abates. And we’re offering business the ability to hold onto those workers, so they can start up again as easily as possible. If…

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