Covid Relief Bill Stimulus Checks
Congress has passed a covid 19 relief bill that will provide a second round of stimulus checks to millions of americans as soon as next week assuming president donald trump doesn t veto it.
Covid relief bill stimulus checks. 600 stimulus checks 300 bonus for federal unemployment benefits in new deal. Here s what we know about proposed 600 payments. Congress nears agreement on covid 19 relief bill with stimulus payments to most americans 2nd stimulus checks.
Adults and qualifying children are both eligible for up to 600 each with the second payment. With this package lawmakers will have responded to the coronavirus and related economic hardship with a record setting 3 trillion of fiscal support. The coronavirus relief bill extends and modifies several provisions first enacted in the cares act congress s 2 2 trillion pandemic relief law that was passed in march.
With the second stimulus check each eligible adult will get up to 600 decreasing as income raises. The spending primarily includes 300 billion in one time cash payments to individual. On december 28 the u s.
Congress has finally agreed on a covid relief package. Here s how to claim that covid relief cash. The coronavirus aid relief and economic security act also known as the cares act is a 2 2 trillion economic stimulus bill passed by the 116th u s.
It is the first significant stimulus action from congress since the coronavirus aid relief and economic security act or the cares act was. President trump on sunday signed a 2 3 trillion covid 19 relief and government funding bill that includes 600 stimulus checks for most americans after refusing to accept the deal for days. Millions who were eligible for the first 1 200 stimulus check under the cares act may not have received a payment.