Second Stimulus Package Expected
As part of the 900 billion covid 19 relief package that was just passed formally known as the coronavirus response and relief supplemental appropriations act congress authorized a second.
Second stimulus package expected. The second round of checks will have the same type of income phaseouts as in the cares act with the stimulus check payments reduced for earnings above 75 000 per single person or 150 000 per. The second stimulus checks would be phased out entirely for single people earning over 87 000 or married couples earning more than 174 000 compared with the cares act s phaseout for single. Here s how much the second stimulus check is expected to be worth although lawmakers are still hammering out the details on the latest coronavirus relief package it s looking like stimulus.
New pandemic stimulus package expected to include a second 1 200 check. White house economic adviser larry kudlow told cnn s jake tapper that the new draft stimulus bill being unveiled tomorrow.