Back to today’s briefing

Story perspectives

Senators Propose $3,000 Payments Funded by Billionaire Tax

3/5/2026

31 3 Full Breakdown

Summary

Story summary

The National Nurses United (NNU) gained support for a proposal to provide $3,000 cash payments to Americans, funded by a 5 percent wealth tax on billionaires.
U.S. Senator Bernie Sanders and U.S. Representative Ro Khanna introduced the plan to fund these payments and expand social programs.
The plan would benefit households earning $150,000 or less, with a family of four potentially receiving up to $12,000, but it faces congressional opposition.

1 of 1

Story summary

The National Nurses United (NNU) gained support for a proposal to provide $3,000 cash payments to Americans, funded by a 5 percent wealth tax on billionaires.
U.S. Senator Bernie Sanders and U.S. Representative Ro Khanna introduced the plan to fund these payments and expand social programs.
The plan would benefit households earning $150,000 or less, with a family of four potentially receiving up to $12,000, but it faces congressional opposition.