Pelosi: Minimum guaranteed income may now be 'worthy of attention'

Speaker Nancy PelosiNancy Pelosi Sunday shows preview: Leaders weigh in as country erupts in protest over George Floyd death 5 things to know about US-China tensions over Hong Kong Pelosi calls Trump's decision to withdraw US from WHO 'an act of extraordinary senselessness' MORE (D-Calif.) on Monday expressed openness to a minimum guaranteed income to help keep people hit by the coronavirus shutdowns financially afloat.

Pelosi said during an interview on MSNBC that she thinks the financial aid established by the coronavirus relief package enacted into law last month should be extended in some form.

"Well, I think we should extend the time, I really do. I always thought that was too short a time. I think we should extend the time," Pelosi told MSNBC's Stephanie Ruhle.


"Others have suggested a minimum income for — a guaranteed income for people. Is that worthy of attention now? Perhaps so, because there are many more people than just in small business and hired by small business, as important as that is to the vitality of our economy, and other people who are not in the public sector to meeting our needs in so many ways that may need some assistance as well," Pelosi said.

The law created a small-business loan program, known as the Paycheck Protection Program, as well as authorizing one-time direct payments to individuals of up to $1,200.

Individuals who make up to $75,000 annually are eligible for a $1,200 payment, while those making up to $99,000 can receive a prorated amount. Families are also eligible for an additional $500 per dependent child. The IRS began issuing the payments earlier this month.

Lawmakers have been calling for the next coronavirus relief package considered by Congress to extend the direct payments, which some argue should be paid out on a continuous basis until the crisis is over.

Sen. Josh HawleyJoshua (Josh) David HawleyExpanding tax credit for businesses retaining workers gains bipartisan support GOP deeply divided over Trump's social media crackdown Trump's social media executive order is a huge opportunity MORE (R-Mo.) has proposed that the federal government pay 80 percent of workers' wages, up to the national median wage, until the crisis ends, similar to what some European governments have been doing to help mitigate the economic damage.

Some Democrats, meanwhile, have offered proposals to cover wages or expand individual payments. Rep. Pramila JayapalPramila JayapalExpanding tax credit for businesses retaining workers gains bipartisan support House punts on FISA, votes to begin negotiations with Senate Democrats press OSHA official on issuing an Emergency Temporary Standard MORE (D-Wash.) has introduced a bill to cover wages for workers earning salaries of up to $100,000 and cover essential business expenses such as rent, while Reps. Tim RyanTimothy (Tim) RyanCongress must fill the leadership void Pelosi pushes to unite party on coronavirus bill despite grumbling from left Democrats rally behind monthly ,000 relief checks MORE (D-Ohio) and Ro KhannaRohit (Ro) KhannaHillicon Valley: Twitter flags Trump tweet for 'glorifying violence' | Cruz calls for criminal investigation into Twitter over alleged sanctions violations | Senators urge FTC to investigate TikTok child privacy issues Khanna calls for internet 'fairness doctrine' in response to controversial Trump tweets Khanna: Coronavirus has 'accelerated' the need for rural broadband MORE (D-Calif.) have called for ensuring that adults making less than $130,000 annually would receive at least $2,000 per month.