Latest Update On Second Stimulus Package
The 900 billion in economic relief extended pandemic unemployment assistance pua and pandemic emergency unemployment compensation peuc.
Latest update on second stimulus package. Eligible families will receive an additional. This is your second stimulus check and second stimulus package update on stimulus check 2 news for november 18 2020check out kacey s youtube community https. That includes a second round of stimulus checks for americans.
A new stimulus package costing about 2 4 trillion is being prepared in the u s. 600 stimulus payments are going out now through jan. 15 since the 900 billion stimulus bill that includes the second stimulus check won t be altered the irs and us treasury will continue to.
Every adult with a 2019 adjusted gross income less than 75 000 should receive 600. January 6 2021 7 13 am moneywatch the second round of federal stimulus checks are now hitting bank accounts following president donald trump s signing of the 900 billion stimulus bill last. The economic impact payments from the cares act provided 1 200 checks for individuals and the president elect.
That amount declines by five dollars for every 100 a recipient earned over 75 000. The package sends direct stimulus payments of 600 to individuals half the amount provided in the first round of checks which went out in the spring. Senate majority leader mitch mcconnell has signaled he backs another stimulus package noting in a november 4 press conference that he would like an aid deal passed before year end.
Pua aids unemployed freelance and gig workers. The stimulus package includes another round of stimulus checks. Congress passed a second stimulus package on december 21 and president trump signed it on december 27.
What s the latest joe biden has said. Second stimulus checks and unemployment. Here are the latest details as we wait for a package we finally know more details about the next stimulus package for coronavirus relief.