19+ Second Stimulus Check Update August 12 2020
Background. The associated press reports house speaker nancy pelosi and other democrats are holding firm in their negotiations. On top of another direct stimulus, the next package is also likely to include extra provisions for federal unemployment benefits.
Gop Skinny Bill 300 Week Unemployment Benefits No Stimulus Checks from image.cnbcfm.com
During the great recession, there were two rounds of stimulus checks sent out. If i had to choose, i'd say that a stimulus check that matched the one in the cares act, with an adjustment to the definition. Prior updates and proposed amount of stimulus check:
The initial cares act only appropriated funds for one round of stimulus checks.
Possible second round of stimulus checks. Create your own income stimulus package. Trump executive orders leave $1,200 payments in limbo. A second stimulus check is coming, but won't be issued until both chambers of congress vote to pass a relief bill and president donald trump signs it.
