Latest News On Stimulus Package 2020

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.

Latest news on stimulus package 2020. The stimulus package along with the spending bill waited a week for the president s signature. 600 stimulus checks 300 bonus for federal unemployment benefits in new deal. 900 billion 2 2 trillion.

Read the summary. As lawmakers try to keep down the cost of their latest coronavirus stimulus package. The irs will use people s 2019 tax returns to determine their stimulus payments which means that teens who hit their 17th birthday in the second half of 2020 after tax returns were due to the.

News sports entertainment life money tech travel opinion. House speaker nancy pelosi and treasury secretary steven mnuchin were negotiating a stimulus package in the neighborhood of 2 trillion in the runup to the election. For example signing up for direct deposit in your 2020 tax return would put you in the priority category if a third stimulus payment came to be.

At issue was the amount of the stimulus check trump was pushing for 2 000 as well as. What s in the new 900 billion stimulus package. Some americans won t get their stimulus checks until they file their 2020 taxes.

Updated dec 30 2020. The economic relief package will issue payments of 600 and distribute a federal unemployment benefit of 300 for at least 10 weeks. The latest news in tax politics and policy.

New stimulus bill dec. 12 21 2020 06 58 pm est. 2020 total cost of stimulus package.