New Stimulus Package Second Round

According to treasury secretary steven mnuchin.

New stimulus package second round. While the stimulus checks are at half of the amount than the first round of checks that came out in march the structure of the stimulus payments in this legislation is very similar to the cares act. Republicans have proposed a new coronavirus relief package with a second round of stimulus check payments a draft summary of the proposal confirms. Individuals with adjusted gross incomes up to 75 000 will receive the full amount 600.

But a last minute addition to the package enabled another round of payments even though the 600 checks represent half of the 1 200 payments distributed to about 160 million americans under. A 2nd round of stimulus checks. President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments.

A second round of stimulus checks may soon land in the bank accounts of millions of americans after president donald trump signed a 900 billion economic relief package on december 27. The new round of stimulus payments included in the 900 billion covid relief package are expected to start going out this week an administration official told cnn while acknowledging that the. A second stimulus is coming for millions of americans.

The benefits are set to last through mid march. The stimulus plan includes a new round of federal unemployment insurance supplements this time at 300 per week.