Economic Stimulus Package Second Stimulus Check Update

Congress has given itself little choice but to immediately get to work on the next economic stimulus package as soon as president elect biden takes office first published on december 9 2020. President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments. The second stimulus package has many of the same components as the first stimulus package known as the coronavirus aid relief and economic security cares act which also included a stimulus payment.

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You can now track your stimulus payment irs says.

Economic stimulus package second stimulus check update. However the second slimmer package allocates much less funding to many parts including the second round of checks. Posted jan 04 2021. Updated jan 05 2021.

Already there are signs that consumers may be paring spending as the surge in covid 19 cases saps their confidence in an economic rebound. Biden to push for stimulus amid covid surge 14 15. The new coronavirus stimulus package mandated that the irs send out.

Second stimulus check update. The federal government started sending out second stimulus payments earlier this week but not everyone has received one yet.

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