New Stimulus Bill Today

Breaking down the 900b stimulus package and 1 4t omnibus bill.

New stimulus bill today. House of representatives voted to pass a bill to increase the 600 stimulus checks to 2 000 with the bill receiving the needed two thirds majority of the members voting. There s a theoretical chance that the new congress could bring up a bill to increase the 600 second stimulus check to 2 000 during trump s final days in office with the irs and us treasury. As with the first direct payment under the cares act.

New stimulus bill dec. On december 28 the u s. 2020 total cost of stimulus package.

The new stimulus bill sets the income limits for a 600 second check closely to the first but comes with a few adjustments. A bipartisan group of lawmakers announced a new stimulus proposal tuesday in an attempt to resuscitate failed coronavirus aid talks in washington before the end of the year but the. A big question is whether lawmakers might push for 2 000 or 1 400 cash payments with the latter representing the difference between the 600 checks and the quashed effort to boost them to.

900 billion 2 2 trillion. 28 2020 at 12 58 a m. That new stimulus check for 2021 won t actually give you a fresh 2 000 even if the bill passes.

The legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass. Answers to your questions about the stimulus bill updated dec 30 2020 the economic relief package will issue payments of 600 and distribute a federal unemployment benefit of 300 for at least 10.