Second Stimulus Package Increase
January 1 2021 10 05 am moneywatch 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.
Second stimulus package increase. While the package provides far more money for k 12 schools than the first stimulus bill in march the funds still fall short of what both sectors say they need to blunt the effect of the pandemic. President donald trump house democrats and several outspoken republicans pushed to raise the 600 stimulus checks ceiling t0 2 000. Major overnight change on the second stimulus check and stimulus package updatethis is a second.
I am asking congress to amend this bill and. Afternoons lalate great news november 27 2020. President trump on tuesday night indicated he wouldn t sign the relief package.
In addition the bill will boost snap benefits by 15 for six months for all participants and excludes unemployment compensation from being counted as income in regards to eligibility for the. Eligible families will receive an additional. Increase second stimulus to 2 000 for individuals 4 000 for couples.
The second round of stimulus checks for the amount of 2 000 per eligible individual won t happen before congress s new session is sworn on sunday. President donald trump climbs into golf cart number 45 as he golfs at trump national. One of the few areas in which the second stimulus expands on the cares act is in rental assistance providing aid to qualified families who are not able to make rent or pay off past due rent.
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.