Stimulus Bill Breakdown Government

A 1 400 third stimulus payment not 2 000 the irs hit its deadline on friday to make the second round of payments of 600 to eligible americans that congress approved at the end of 2020.

Stimulus bill breakdown government. In order to stimulate the sputtering economy quickly the u s. Stimulus checks 166 billion. Here s a breakdown of everything inside the 900bn stimulus bill and what it means for the us economy within hours congress is set to vote on and pass a 900 billion covid 19 aid bill that includes assistance for households and businesses as well as funding for vaccine distribution and more.

Provides 600 direct payments to individuals making up to 75 000 per year and couples making up to 150 000 per year with payments phased out for higher incomes. Government will deploy helicopter money direct cash payments to individuals and families. Nope all the government is doing is giving back a pittance of the money that hard working americans paid to the government before the government shut down the economy of america.

The bill renews funding for ppp to support small businesses and provides targeted aid to transportation and other hard hit sectors of the economy. President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments. It also sends another round of stimulus checks worth 600 per individual per household for those making less than 75k 150k for married couples and gradually phases out at higher incomes.

Here s a breakdown of everything inside the 900bn stimulus bill a stimulus payoff with government money. The centerpiece of this plan is a 1 200 direct payment for those earning up to 75 000 per year. Here s a breakdown of what s inside the massive year end compromise.