Stimulus Package 2 Bill

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.

Stimulus package 2 bill. Direct stimulus checks were brought in at the last minute. Direct aid to states and liability protections for companies were left out. Increased funding for vaccinations.

Adults and qualifying children are both eligible for up to 600 each with the second payment. Additional support for small businesses states and local governments. If the new bill passes it will be the second largest federal.

The 900 billion stimulus bill is seen as a short term relief package until early 2021 where president elect joe. Here s what we know so far. A bipartisan group of senators introduced a 908 billion covid stimulus proposal on tuesday.

Similar to the cares act individuals making between 75 000 and 100 000 will receive gradually smaller payments while individuals making 100 000 or more will not receive a stimulus check. With the second stimulus check each eligible adult will get up to 600 decreasing as income raises. Learn smart gadget and internet tips and tricks with cnet s how to newsletter.

On sunday almost nine months after the cares act was signed into law congress agreed on a second stimulus package after weeks of post election negotiation a 908 billion bill that is less than. Senate majority leader mitch mcconnell announced during a speech on the senate floor that a new stimulus bill referred to as cares 2 will be unveiled early next week.