Second Stimulus Package News Today
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.
Second stimulus package news today. 600 stimulus payments are going out now through jan. 15 since the 900 billion stimulus billthat includes the second stimulus checkwon t be altered the irs and us treasury will continue to. 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.
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. Mornings lalate great news december 1 2020. The development heads off a government shutdown.
But the week of delay caused a lapse in unemployment benefits for approximately 12 million people. The stimulus package includes another round of stimulus checks. The package includes an extension of the small business paycheck protection program which expanded eligibility to local newspapers broadcasters and nonprofits.
President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments. The 600 checks will only go out to. It will direct another 20 billion.
President trump says that s not enough. Second stimulus check update news today along with your national and sports news this is a second stim.