The Second Stimulus Check’s fate is in the hands of the U.S. Senate, and based on the latest update it seems the government is torn on whether a second round of the stimulus check is needed as the country moves to reopen.
At a press conference in the Rose Garden on Friday, President Donald Trump said he would like to see a payroll tax cut to help the American economy to continue to recover from the shutdown caused by the pandemic. What is a payroll tax cut and how much money would it mean to you?
With nearly 40 million people that applied for unemployment insurance in the last 10 weeks, that’s telling that many people are out there hurting financially. here are many employment and financial resources for individuals who have lost their jobs.
Senate Majority Leader Mitch McConnell is predicting if there is another stimulus package, it won’t be as big as the last one, and if there is another one it will be the last. McConnell said that we could anticipate the decision being made on whether to go forward with a stimulus in about a month.
Republicans are aiming to offer an alternative to Democrats’ push to continue the $600 weekly federal unemployment payments, which are in addition to state unemployment benefits. Some conservatives fear the amount is so high that it might be keeping people from returning to work.
If you are quarantined or self-isolating, you may be feeling alone right now — but know that you are not alone. Any stress or anxiety you may be experiencing is perfectly normal. It’s difficult to avoid feeling down at a time like this, but try to focus on ways you can stay connected, both with yourself and others.
Despite calls all week from Democrats demanding a vote on the bill in the senate or at least to even discuss the bill, Senate Majority Leader Mitch McConnell refused to take it up. In this article from CNN, McConnell said that the Senate will wait a couple weeks to decide on a phase four stimulus bill.
The Senate has to decide whether it agrees to do what the House has already done and approve the following provisions, present a modified version on stimulus checks, or refuse additional stimulus checks altogether. They can even start with a blank slate to write their own bill.
Over the last few months, our world has flipped totally upside down. Since March 1 life went from normal to out of control. We are living through history and I hope that you’re taking care of your health, your family’s health, and your finances.
The U.S. The House of Representatives just passed The Heroes Act, a pandemic response bill that would provide critical aid to state and local governments, and it also includes another round of stimulus payments of $1,200 per person.