Us Second Stimulus Package News

The 900 billion package includes 600 per person cash payments half of what people received in the spring.

Us second stimulus package news. Over the last six months lawmakers in the capitol have struggled to agree on a second large scale stimulus package to help americans survive the economic fallout of the pandemic. 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. Eviction protections put in place by the u s.

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. Also included is emergency renter assistance in the amount of 25 billion. Congressional leaders on monday unveiled the text of a 900 billion fiscal stimulus package and a 1 4 trillion government funding deal that will deliver critical pandemic aid to millions of.

A new stimulus package costing about 2 4 trillion is being prepared in the u s. Negotiations for another stimulus package are likely to resume but analysts predict a smaller round of funding. Since the first coronavirus stimulus package was signed into law talks of further relief aid have stalled.

That includes a second round of stimulus checks for americans. The 600 checks will only go out to. Eligible families will receive an additional.

The stimulus package extends the eviction moratorium through the end of january. Download the cbs news app sign up for newsletters stream cbsn live biden s first. The 900 billion stimulus package directs 600 to each child in a family as long as they are considered qualifying children under the irs tax code for the child tax credit.

President trump says that s not enough.