Latest On Stimulus 2 Package
Stimulus payments from the second stimulus package have just started reaching americans but it s never to early to start thinking about a third check.
Latest on stimulus 2 package. 900 billion 2 2 trillion. That amount declines by five dollars for every 100 a recipient earned over 75 000. Under the new covid relief package at the full benefit amount a family of four could potentially receive 2 400 though the income criteria for the second stimulus check have not yet been.
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. The new stimulus deal also introduces a new 300 weekly supplemental unemployment benefit. Congress took its time and president donald trump held it up but a new stimulus package was finally signed into law on sunday night.
Fortunately it contains some help for small. Lawmakers struck a roughly 900 billion covid 19 stimulus deal that includes another round of stimulus checks and badly needed jobless benefits for struggling americans ending a long standoff in. Biden referred to the latest stimulus as.
The stimulus package includes another round of stimulus checks. Those who earned more than 87 000 will not receive anything for themselves. New stimulus bill dec.
2020 total cost of stimulus package. With the second stimulus check each eligible adult will get up to 600 decreasing as income raises. Adults and qualifying children are both eligible for up to 600 each with the second payment.
It was slated to go out for 11 weeks to anyone collecting regular unemployment but it may now only last.