Latest Stimulus Bill Breakdown

Here s a second breakdown by another source.

Latest stimulus bill breakdown. Congress on monday passed a 900 billion stimulus package which includes direct payments of 600 to most americans. That eligibility is retroactive so adults excluded last time could get up to 1800. Pua peuc with an extra 300 week for all ui claimants for at least an additional 11 weeks.

Now president joe biden will start work on the next economic stimulus and relief package. As discussed previously the bill excludes the republican priority of liability protections for businesses and other entities and left the key democrat demand of state and local bailouts. Here s a breakdown of everything inside the 900bn stimulus bill and what it means for the us economy update 300 extra weekly for those filing unemployment 600 one time only not 1200 per single person making so much annually.

In a nutshell the new package extends federal ui programs e g. Biden pushes for a third check 400 unemployment money more. Individuals earning between 75 000 and 87 000 would get smaller checks and the benefit cuts out.

28 2020 updated dec. 18 to the people 82 for bail outs to those who do not need any help family members of illegal aliens are now eligible to get stimulus checks under the 900 billion deal reached last night. 29 2020 washington the 900 billion stimulus bill that president trump finally signed into law on sunday evening goes well beyond providing the 600 checks.

The new aid would come on top of roughly 46 billion that the u s. Department of agriculture projects the federal government will directly pay to the nation. The covid 19 relief package is just one part of a much larger bill that s more than 5 000 pages long.

Every month the irs has been reporting the state by state breakdown of stimulus check payments on its website the latest being reported on june 26th. Here s a breakdown of what s inside the massive year end compromise. 600 direct payment checks for every adult and child earning up to 75 000.