Second Stimulus Package Name
Text of the new 900 billion stimulus bill the measure is the second largest federal stimulus package after the 2 trillion cares act that congress approved in march.
Second stimulus package name. A second coronavirus stimulus package passed on december 21 and it isn t quite as generous as the first. The irs has already started sending out the second stimulus checks that were part of the new coronavirus stimulus package. Businesses that already got a paycheck protection program ppp loan will likely have access to more funds and some might be eligible for another loan.
Direct aid to states and liability protections for companies were left out. The 900 billion stimulus package directs 600 to each child in a family as long as they are considered qualifying children under the irs. A second stimulus check for 600 was finally agreed upon for cash strapped americans.
Direct stimulus checks were brought in at the last minute. 800 240 8100 to see if it has a record of a payment in your name. And there were other delays getting people their holiday package deliveries.
The second stimulus will include 600 direct checks to americans making less than 75 000 per year and weekly federal unemployment benefits at 300 per week exactly half the amount provided in. Direct deposit payments to millions of americans started going out on dec. If the new bill passes it will be the second largest federal.
Lawmakers have finally finalized the 900 billion economic relief package senate majority leader mitch mcconnell announced on sunday according to the washington post. According to a summary from house and senate democratic leaders the legislation will. 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.
It targets small businesses that are struggling the most during the coronavirus pandemic.