Forget More Stimulus Checks -- This Proposal Wants to Pay Employers to Hire You Back

Tens of millions of Americans have lost their jobs as a result of the coronavirus pandemic, with government-mandated business closures and stay-at-home orders sending unemployment rates to unprecedented levels. So far, much of the federal government's response to try to shore up the U.S. economy has centered on getting money to Americans quickly, most visibly through the $1,200 stimulus checks that have already started going out.

As the coronavirus crisis goes on, though, legislators are looking seriously at a fourth round of efforts to stimulate the economy. Some are calling for additional recurring stimulus checks in the neighborhood of $2,000 per month to go out to Americans in need. However, one proposal is looking to take a different tack by attacking unemployment directly and trying to get more Americans back to work.

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