Latest News New Stimulus Package

Every adult with a 2019 adjusted gross income.

Latest news new stimulus package. More aid for the unemployed the hungry and those facing eviction. Congress has given itself little choice but to immediately get to work on the next economic stimulus package as soon as president elect biden takes office first published on december 9 2020. 28 to authorize a 2 000 second stimulus payment for every qualifying adult and dependent but it hasn t been picked up for a vote in.

The house of representatives passed the cash act pdf on dec. Lawmakers struck a nearly 900 billion covid 19 stimulus deal sunday that includes another. The 900 billion package provides more relief beyond the 600 checks that have become the focus in washington.

Biden unveils 1 9. Every adult with a 2019 adjusted gross income less than 75 000 should receive 600. And the house recently passed a bill to increase the amount of the second stimulus payment from 600 to 2 000 but the senate did not take up the measure.

Biden referred to the latest stimulus as. The payments will be smaller this time around as lawmakers try to keep down the cost of their latest coronavirus stimulus package the payments alone will cost 164 billion. Increased funding for vaccinations.

What s in the new 900 billion stimulus package. 600 stimulus checks 300 bonus for federal unemployment benefits in new deal. That could translate into a new package ranging from 1.

The most important news stories of the day curated by post editors and delivered every morning. The stimulus package includes another round of stimulus checks.