Second Stimulus In Congress

A new coronavirus stimulus package was voted through the senate and the house of representatives on monday and is waiting.

Second stimulus in congress. Here s what the second stimulus package will include if it passes the monday vote which it is expected to do. The second round of checks would have the same type of income phaseouts as in the cares act with the stimulus check payments reduced for earnings above 75 000 per single person or 150 000 per. Congress approved late monday december 21 2020 a 5 593 page 2 3 trillion funding package consisting of a 900 billion end of the year coronavirus stimulus bill attached to a 1 4 trillion.

Lawmakers had hoped to combine the stimulus with. Direct stimulus payments to eligible adults. Can trump refuse it.

Debates as to whether the government should provide a second stimulus cheque a sum of money paid to individual taxpayers in the hopes of boosting the economy have waged almost since the first was provided. Congress expects to spend the weekend before christmas in washington as negotiations continue on a new 900 billion coronavirus stimulus bill. The second round of federal stimulus checks are now hitting bank accounts following president donald trump s signing of the 900 billion stimulus bill last week.

Congress votes on new covid 19 stimulus deal by meg wagner melissa mahtani james griffiths and julia hollingsworth cnn updated 2 50 am et tue december 22 2020. 600 per adult 600 per child for individuals making under 75k a year. The first round of cheques were sent out in the second week of april.

The house of representatives passed the cash act pdf on dec.