Additional Stimulus Payment Update

And the house recently passed a bill to increase the amount of the second stimulus payment from 600 to 2 000 but the senate did not take up the measure. 28 to authorize a 2 000 second stimulus payment for every qualifying adult and dependent but it hasn t been picked up for a vote in. The house of representatives passed the cash act pdf on dec.

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President elect joe biden on thursday proposed a 1 9 trillion coronavirus stimulus bill that would add 1 400 to the 600 direct payments granted under a law signed by president donald trump late.

Additional stimulus payment update. The house quickly passed a bill to increase the amount of the second stimulus payment from 600 to 2 000 but the senate did not take up the measure. Update 8 january 2021 at 13 07 cet. Holding off on 160 billion in funding for state and local governments was key to finding support for another round of stimulus payments according to analysts at raymond james.

Biden referred to the latest stimulus as a down payment for dealing with the pandemic. Irs provides additional details to help people with questions. Here is what you need to tell the irs to receive your second stimulus payment.

Senate majority leader mitch mcconnell blocked a vote and instead put forth a bill that included the 2 000 stimulus along with other issues important to the president.

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