Stimulus Check 2 Is It Going To Happen

The second round of federal stimulus checks are now hitting bank accounts following president donald trump s signing of the 900 billion stimulus bill last week.

Stimulus check 2 is it going to happen. The first round of stimulus checks provided up to 1 200 for single taxpayers and up to 2 400 for married couples as well as 500 for most children. Yet that one time payment would only go. Instead president elect joe biden released a proposal for a new stimulus check of up to 1 400 per eligible adult a figure that would raise the 600 second stimulus check maximum to 2 000.

Most people shouldn t be in panic mode as the second stimulus money only began rolling out last week. 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.