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    An insider with the Internal Revenue Service (IRS) believes that Americans may not get their second stimulus check until September if Congress is unable to reach a deal by Friday.  Chad Hooper, the national president of the Professional Managers Association, told Grow that the IRS 'is better positioned to issue a second check' than they were in April, but Congress just has to come to an agreement.  Otherwise, that would mean Americans, particularly the more than 30 million out of work, may have to wait until September for the second round of relief.  However, if lawmakers can strike the deal by this Friday, most stimulus checks could be sent out this month.  Scroll down for video   An insider with the Internal...
    Getty Will you get a $1,200 stimulus check in August? A number of families have struggled financially in the midst of the coronavirus pandemic, but it’s unlikely another $1,200 stimulus check will hit bank accounts this month. According to KTLA5, the millions of Americans waiting for a second round of relief checks will “most likely” have to wait until September. They add that “whether or not a deal can be reached another check remains a big ‘if’ at this point.” While it’s possible that talks could resume this week, and that a bill could become law by the end of this week, Republicans and Democrats have made it clear they have reached a stalemate when it comes to...
    THERE were hopes that another stimulus check may be arriving in bank accounts in less than a week – but that is now unlikely as most senators have returned to their home states. Although Democrats and Republicans have both shown support for a second round of $1,200 coronavirus payments, members of Congress have been unable to come to an agreement. 5Senate Majority Leader Mitch McConnell walks from the Senate Floor to his office on Capitol HillCredit: EPA 5Coronavirus checks are not likely to come 'anytime soon,' reports sayCredit: Getty Images - Getty Although a month-long recess was put on hold to continue negotiations, most senators have returned to their home states, meaning checks are not likely coming "anytime soon," CNN...
    STIMULUS checks "won’t be sent for at least 12 DAYS" because a top Trump official is reportedly out of office for the week. White House chief of staff Mark Meadows is out of office this week, meaning that a coronavirus package likely will not come until next week when he returns, Politico reported. 6Mock-up of a coronavirus stimulus checkCredit: Getty Images - Getty 6Stimulus checks are not likely to be sent out for more than a week as White House chief of Staff Mark Meadows is out of officeCredit: AFP or licensors 6President Trump speaks at a coronavirus press conferenceCredit: Alamy Live News The President's top aide is out, as Democrat and Republican senators continue to try and negotiate the...
    Getty Steven Mnuchin, U.S. Treasury secretary, speaks during a House Small Business Committee hearing on July 17, 2020 in Washington, D.C. There has been a lot of talk around a second round of stimulus checks between the Republicans and the Democrats and nothing has come into fruition. Secretary of Treasury Steve Mnuchin said the Trump Administration is willing to resume the conversation with the Democrats regarding the $1,200 payments. In an interview with CNBC, Mnuchin said more money could be added to their relief plan in order to reach an agreement. “The president is determined to spend what we need to spend. … We’re prepared to put more money on the table,” he said during an interview on...
    Getty Will a decision on a stimulus check be reached this week? It’s unlikely a stimulus deal will be reached this week. Not only is the White House Chief of Staff, Mark Meadows, out of office, but “the administration feels confident they have the upper hand politically following President Donald Trump’s executive actions,” according to Politico. On Tuesday morning, the outlet reported it could be weeks before any serious talks about a stimulus package resume. Forbes reacted to the news, writing, “That the fate of tens of millions of Americans, including 30 million unemployed workers, is on hold, even partially, because one person on vacation is stupefying.” Here’s what we know:Meadows Will Return Next WeekMeadows is expected to...
    The president’s decision Donald trump signing executive orders, the implementation of which remains in doubt, has put negotiations on the new comprehensive stimulus package against coronavirus in serious trouble, including the $ 1,200 check. Democrats want to meet with the president to continue negotiations, but he insists they must call him. For now there is no progress and time is short. The direct stimulus check to families, which would include $ 500 per child or dependent, is one of the few issues on which Republicans and Democrats fully agree, although they are not integrated. U.S. spouses of undocumented immigrants. According to different experts from ., The Hill and MSNBC, if the congressmen wanted the check itself, it could be...
    REAL Housewives of Beverly Hills star Erika Jayne was slammed by fans for cracking an ‘out of touch’ and ‘insensitive’ joke about stimulus checks. The blonde bombshell is actually worth over $5 million and had a steady career as a singer and dancer before becoming a housewife. 9Erika Jayne shared this problematic meme on her social mediaCredit: Instagram 9The clips are from her song XXPEN$IVECredit: Instagram In true 2020 style, Erika shared a meme on her Instagram where she was rolling around in silk bed sheets and having fun in the bathtub while singing her song XXPEN$IVE. Along with the video, the meme read, "Me when I receive my second stimulus check." The second round of coronavirus...
    Getty Some Americans will receive retroactive payments in the tens of thousands, if the Monthly Economic Crisis Support Act stimulus plan makes it through Congress. The bill was introduced in May by Senators Kamala Harris, Bernie Sanders and Ed Markey. It proposes monthly recurring payments to Americans until the coronavirus pandemic is over — and it also promises retroactive payments back to March, when the pandemic began. According to the act’s one pager, this proposal would send $2,000 per month to individuals and $4,000 to married couples who file jointly, along with an additional $2,000 per child, up to three children. Any individual earning under $120,000 would be eligible; the payments would be reduced for income over $100,000...
    Trump signed an executive order and three memoranda, but none of the documents included a stimulus check Legislators must agree on who would qualify to receive a second stimulus check. Photo: JIM WATSON / . / . After lawmakers failed to agree to pass a second financial aid package before the Aug. 7 deadline that they had self-imposed, President Trump signed an executive order and three memoranda covering some support for that package. of help, as reported in CNet. However, in these documents he did not mention any stimulus payments, which means that the amount of money that could be given to you in a second round of checks still depends on the legislators reaching an...
    Getty President Donald Trump departs the White House for a trip to Ohio where he will visit a Whirlpool factory on August 6, 2020 in Washington, DC. On Saturday, President Donald Trump signed four executive orders in an attempt to provide economic relief to Americans struggling in the wake of the coronavirus pandemic. Noticeably missing from his actions was funding for a second round of stimulus checks. Why? According to CNBC, funding for federal programs must be authorized by Congress. Kris Coz, a senior tax policy analyst for the Center on Budget and Policy Priorities, told the outlet, “The constitution mandates that only Congress has the power of the purse — the president cannot unilaterally tax and spend.”...
    Getty Senator Kamala Harris has advocated for $2,000 per month in stimulus money for Americans during the coronavirus pandemic. Some Americans could become eligible for $10,000 a month in the form of stimulus relief, if a particular stimulus plan makes it through Congress. The Monthly Economic Crisis Support Act was introduced in May by Senators Kamala Harris, Bernie Sanders and Ed Markey. It aims to offer monthly recurring payments to Americans until the pandemic is over — and for families of five or more, this could mean a monthly payment of $10,000. This stimulus proposal did not receive much support when it was introduced, for a simple reason: Republicans and Democrats alike have posed concerns about the cost...
    Getty Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell (R-KY), House Minority Leader Kevin McCarthy (R-CA), Vice President Mike Pence and Rep. Kevin Brady (R-TX) applaud U.S. President Donald Trump during a bill signing ceremony for H.R. 748, the CARES Act in the Oval Office of the White House on March 27, 2020 in Washington, DC. On Saturday, President Donald Trump signed executive orders for a payroll tax cut, enhanced unemployment benefits, an eviction moratorium, and student loan relief, according to Forbes. Trump issued executive action less than 24 hours after Congress failed to reach its self-imposed Friday deadline to agree on the specifics of a relief package. This doesn’t mean that stimulus negotiations will necessarily stop....
    Getty Americans are waiting for COVID-19 second round stimulus checks to be approved. President Donald Trump has signed four executive orders geared toward pandemic relief, but none of them gives a second COVID-19 stimulus check to qualifying Americans. That fact, as well as the collapse of negotiations between Republicans and Democrats in Congress, has left many people worried that they will never get a second check. Are the second COVID-19 stimulus checks dead in the water? Or it is still possible that you could get a check. The bottom line is that it’s possible if Congress were to come back to the table and negotiate a narrower deal to approve stimulus checks. However, due to President Donald Trump’s...
    Stimulus Check Negotiations around the next stimulus package stalled on Friday, August 7, CNN reports. The key lawmakers on the Democrat side were House Speaker Nancy Pelosi, and Senate Minority Leader Chuck Schumer. Key lawmakers on the Republican side included Treasury Secretary Steve Mnuchin, White House Chief of Staff Mark Meadows, and Senate Majority Leader Mitch McConnell. Both sides have indicated displeasure and frustration with negotiations, which stalled on Friday, the last day before the Senate’s scheduled summer recess. On Thursday evening, Schumer told reporters, “They said they couldn’t go much above their existing $1 trillion. And that was disappointing. We’re hopeful that they will think about it and come back and tell us they’re willing to meet us halfway.”...
    Stimulus Check Negotiations around the next stimulus package stalled on Friday, August 7, CNN reports. After five days of lengthy conversations, Republican and Democrat lawmakers are no closer to an agreement on the next stimulus package, which means that the next stimulus check has not been approved. Congress was supposed to go on recess from August 8 to September. So what happens now? As a result of the stalled conversations, Trump is expected to announce a series of executive orders over the weekend, including one that extends unemployment benefits, which expired on July 31. However, those executive orders are not believed to include one related to stimulus payments. Some lawmakers have indicated that they will delay summer recess...
    Three more proposals for federal stimulus are being discussed in Congress: The HEROES Act, the HEALS Act and the Coronavirus Assistance for American Families Act. While all three bills have some things in common — each would, for example, deliver a second round of checks to Americans — there are also some key differences. Like the original CARES Act, the HEROES Act — already passed by the House of Representatives in May — would give individuals $1,200 and families $2,400. Those who file their taxes with an Individual Taxpayer Identification Number rather than a Social Security ID would also be eligible for payments — a stark difference from the CARES Act. Families would get an additional $1,200 for each dependent in...
    In Washington D.C., lawmakers are debating a second batch of stimulus checks in another coronavirus rescue bill. In Blairstown, N.J. Frank Natoli is scratching his head on news of the negotiations. “ ‘My first reaction was ‘second what?’ What about the first?’ ” — Frank Natoli, a software engineer still waiting for his first stimulus check “My first reaction was ‘second what?’ What about the first?” the 68-year-old software engineer told MarketWatch. The Internal Revenue Service has distributed approximately 160 million economic impact payments, totaling $270 billion since April, the commissioner said in late June. But Natoli and his wife are still waiting for their share. When Natoli looks up the status on the IRS’...
    Americans have lost nearly $100 million to scams related to the coronavirus pandemic, which have doubled across the country since the pandemic began, Reuters reported Tuesday. Scammers promise victims anything ranging from a cure to a stimulus check, costing the average person $273, according to data from the Federal Trade Commission (FTC) that was posted by consumer protection blog Social Catfish. There have been more than 150,000 reports of coronavirus-related scams since January 1st, data showed. (Photo by Issouf Sanogo/AFP via Getty Images) The most common types of scams were related to online shopping, travel/vacations, credit cards, banks, and text messages. (RELATED: A Native American Professor Who Supposedly Died Of Coronavirus Appears To Be Completely Made Up) In one common...
    Getty There will likely be a second round of COVID-19 stimulus checks. Millions of Americans are getting anxious for a second COVID-19 stimulus check. Republicans and Democrats broadly agree that people meeting certain income guidelines should receive a second check, but it never seems to come. How soon would you get a second check? First of all, it depends on the two parties reaching an agreement over the broader stimulus relief package. They’ve agreed on stimulus checks, but they’ve remained at loggerheads over other aspects of the package, such as the extension of extra $600 weekly unemployment benefits, which have expired. You won’t get a second check until the two parties agree on the broader package details,...
    Getty A stimulus check proposal by three senators aims to offer monthly recurring payments to Americans until the pandemic is over — and for families of five or more, this could mean a monthly payment of $10,000. The Monthly Economic Crisis Support Act was introduced in May by Sens. Kamala Harris, Bernie Sanders, and Ed Markey. It did not receive much support when it was introduced. However, support for monthly payments has been rising. In June, a group of 157 economists wrote an open letter in support of the idea. And now, with Harris on the shortlist for Vice President on Joe Biden’s ticket, it’s entirely possible that her plans could come to fruition this fall, or in the...
    Dear Moneyist, I feel I was unfairly denied the stimulus payment. In 2019, I made a total of $51,331. My filing status was “single, no children.” I was denied the stimulus payment on 4/10/20 because the IRS based my income on my 2018 taxes. I was permanently laid off from my job as a direct result of the coronavirus pandemic. I was the supervisor of the department that processed and reconciled parking citations written by my city. Since mid-March, the number of parking citations drastically fell due to the coronavirus pandemic, and this caused a major reduction of revenue in my department which resulted in me losing my job. I do not understand why they cannot send out the...
    A SECOND stimulus check would give even MORE money to families, with payments including up to an extra $600. The extra coronavirus emergency cash could come under the Coronavirus Assistance for American Families Act, which was introduced by four Republican senators last Thursday. 7A second round of stimulus checks could give $4,000 for a family of four – $600 more than the first roundCredit: Getty Images - Getty 7Republican Sen Marco Rubio of Florida is one of the four to sponsor the billCredit: The Mega Agency 7'This will increase the amount of money Montana moms and dads can receive in their direct checks for each child and other dependents including those with disabilities,' Daines said of the billCredit: Alamy Live News...
    Getty There will likely be a second round of COVID-19 stimulus checks. Republicans and Democrats have generally agreed that there should be a second COVID-19 stimulus check, although the particulars are mired down in the debate over the full stimulus relief package, which includes disagreements over things like extended unemployment benefits. However, the amount being proposed in the U.S. Senate would bring many Americans thousands of dollars in direct help – and some families might see as much as $3,400 or more. Here’s how you could get $3,400 this time around: That’s the calculation being presented for a family of four this time around. Each parent would get a $1,200 check, and each child would bring in another...
    Getty Will there be a second coronavirus stimulus check? While both sides of the aisle have voiced their support for a second round of stimulus checks, lawmakers have yet to agree on the specific terms of an economic relief package for individuals and families. Legislators have until August 7, when the Senate takes their next recess, to agree on the details of a stimulus package. If no consensus is made by August 7, then this could push back when you see your next round of stimulus money. On Friday, House Speaker Nancy Pelosi said, “We anticipate that we will have a bill, but we’re not there yet.” Pelosi and Senate Minority Leader Charles Schumer met with Treasury Secretary...
    Getty There may be a second COVID-19 stimulus check, but what would it look like, and what is the HEALS Act? It’s already August, and many Americans are waiting for news on the second COVID-19 stimulus checks. Especially since the $600 extra weekly unemployment benefits have expired, another stimulus check would be a lifeline for a lot of people. However, what’s taking so long? Why are the checks delayed? It turns out that Republicans and Democrats came out of the weekend negotiations on August 2 still agreeing on $1,200 checks, but there’s a delay in approving the overall relief plan for other reasons. First of all, the Democratic-controlled House already passed its own second stimulus relief plan. However,...
    Regarding the $ 600 dollars a week, 45% of respondents believe that it should not be extended 39% of voters believe that another $ 1,200 is enough. Photo: Michal Jarmoluk / Pixabay A 43% of US voters believe that a second one-time payment of $ 1,200 is not enough at a time when the pandemic has been raging for nearly six months in the United States. A new Emerson College / Nexstar Media poll reveals that more than four in 10 American voters believe that the long Discussion in Congress about a second $ 1,200 grant has not made significant progress. The Trump Administration and lawmakers have not yet reached consensus on a second recovery package...
    Congress approved a round of direct payments to most Americans after the coronavirus pandemic hit, but a new study shows that the payments never got to some of the people hardest hit by the crisis. Congress approved $1,200 payments to most adults and $500 for children as part of the $2.2 trillion CARES Act in March. A new study from the nonpartisan Tax Policy Center finds that nearly 40% of adults who live at or below the poverty level never received a payment. A recent study by the Federal Reserve showed that low-income Americans were the hardest hit by the economic crisis sparked by the pandemic, meaning that many people whose struggles have been exacerbated through no fault of their own have been...
    Getty A new coronavirus stimulus package is expected to be released this week. Will fewer people be eligible for a check? President Donald Trump gave more hope to Americans who are hoping for a second COVID-19 stimulus check. He said in a recent interview in Texas that the checks might be “way higher” than the $1,200 sent out to many Americans last time. Trump made the comments on July 29 as the U.S. Senate continues to debate the provisions of a second relief package for coronavirus, which is expected to contain a second round of direct payments to Americans. After Trump landed in Texas, he sat down for a one-on-one interview with a local television station, YourBasin.com. That’s...
    Getty The second round of COVID-19 stimulus checks might arrive in Americans’ bank accounts as early as late August or September, if Congress can vote in favor of the latest stimulus package proposal. But which Americans can expect to receive these payments? The latest stimulus package was revealed by Senate Majority Leader Mitch McConnell at the end of July. It’s called the HEALS Act (Health, Economic Assistance, Liability Protection & Schools Act) and includes an identical stimulus check proposal as the first one, which came from the CARES Act in March. The HEALS Act, if approved, will have the same eligibility criteria for stimulus checks that the CARES Act did. This is a stark contrast to some of...
              President Trump hinted that the second round of stimulus payments could be higher than the original $1200. The new GOP plan has updated the definition of “dependents” allowing many to receive an additional $500 dollars per person in their families. During an interview in Texas yesterday, the president spoke about the second stimulus package, saying “we want to take care of people that don’t have jobs;” Noting that “we have to do it smart but we want.. [to be] very generous.” When asked by a reporter if $1200 would be enough the president responded, ” We’re going to see it may go higher than that actually.” He went on to praise the economy...
    Sixers star Joel Embiid speaks out on relationship with Ben Simmons The House Just Passed A Massive Child Care Rescue New Family-Focused Stimulus Check Plan Introduced by Four Republican Senators There's a new stimulus check proposal on the table. This one is coming from four Republican senators: Sens. Cassidy (La.), Daines (Mont.), Romney (Utah), and Rubio (Fla.). They want the next stimulus check payments to focus on families, because other federal relief measures, such as enhanced unemployment benefits, are not adjusted for family size. So, their plan is to send a $1,000 stimulus payment to all American citizens equally, regardless of age or dependent status. That means money will be available for families with adult dependents, including those with...
    President Donald Trump hinted that the next cash infusion Americans could receive under a coronavirus relief package may total more than the proposed $1,200.  During a Wednesday interview with ABC affiliate KMID in Texas, the president said the second stimulus check “may go higher” than the $1,200 per person on the table.  "Id like to see it be very high because I love the people. I want the people to get it,” Trump said. The president didn’t indicate how much money he would send to Americans in the next round of stimulus checks.  After debating whether or not to provide another stimulus check in the next relief package, lawmakers seem to have consensus to send most Americans $1,200.  House Democrats included the...
    President Trump has suggested that the next coronavirus stimulus package now being negotiated in Congress could include direct cash payments to American families “higher” than the $1,200 millions of Americans got in the last round. “It may go higher than that actually,” Trump said during an interview Wednesday with ABC affiliate KMID in Texas. “I’d like to see it be very high because I love the people.” “I want the people to get it you know the economy is going to come back we just had tremendous job numbers as you know it was just announced we had great retail sales numbers so this is all coming back we had the greatest economy we’ve ever had and we had to...
    DONALD Trump said that the second stimulus check "may go higher" than the $1,200 direct payments sent out in the first wave. When asked if the previous amount was enough for Americans, the president told KMID: "We're going to see it may go higher than that, actually." 2The president said the checks 'may go higher'Credit: AP:Associated Press Trump continued: "I'd like to see it be very high because I love the people, I want the people to get it, you know, the economy is going to come back. "We saved millions of lives but now we're bringing (the economy) back … we gotta take care of the people in the meantime." Senate Majority Leader Mitch McConnell unveiled the Republicans'...
    Republican lawmakers want to send another round of stimulus checks to American households to help them weather the economic impact of the coronavirus pandemic. The checks would be similar in amount to the first round, but not as generous as the package proposed by Democrats in May.  Details about a potential second round of checks emerged on Monday when Senate Republicans outlined their fourth phase of federal coronavirus response efforts, which would include other stimulus measures, such as enhanced unemployment benefits.  But the Republican proposal — called the Health, Economic Assistance, Liability Protection and Schools, or HEALS, Act — provides less money for children than would a competing stimulus bill from Democrats, which was approved by the House...
    Trump made the statement during a visit he made in Texas. Photo: JIM LO SCALZO / EFE During a visit to West Texas, President Donald Trump hinted that a second round of stimulus checks could exceed the first one delivered, according to information from Fox 8. Trump flew to Texas to raise funds and visit an oil rig, where he spoke to a crowd of executives and energy workers. During the visit, Trump gave an interview where he spoke of a second round of stimulus checks, among other topics. When asked if a direct payment of $ 1,200 was enough, Trump said: “Let’s see that it can actually be higher than that (the check)“ “I would...
    AN ESTIMATED 26million more Americans may qualified for stimulus relief as apart of the next coronavirus relief package. The Health, Economic Assistance, Liability Protections and Schools Act (HEALS) was rolled out on Monday by Senate Majority Leader Mitch McConnell. 3An estimated 26million more Americans may qualified for stimulus reliefCredit: Getty Images - Getty 3The HEALS Act was rolled out on Monday by Senate Majority Leader Mitch McConnellCredit: Alamy Live News The Republican's coronavirus relief plan is largely similar to the original CARES Act, with key changes lowering bonus unemployment benefits while expanding the eligibility for stimulus checks, Fox News reported. Under the new proposal, Americans with dependents over the age of 17 will be eligible to receive...
    Getty There may be a second COVID-19 stimulus check, but what would it look like, and what is the HEALS Act? If the HEALS Act is passed as written, 26 million more people could qualify for a stimulus check this go around, according to the Tax Foundation. Under the CARES Act, approximately 159 million Americans received an economic impact payment, according to CNBC. Taxpayers received only $500 for child dependents up to age 17, and Americans age 17 and over were not eligible to receive a $1,200 check. Under the HEALS Act, however, citizens will receive the additional $500 for dependents of any age, CNBC reported.The Stimulus Check Structure Is Otherwise the Same as the CARES ActApart from...
    THE Senate has been locked in intense negotiations for weeks, as lawmakers work to reach a deal on the details of the HEALS Act. After Senate Majority Leader Mitch McConnell unveiled the Republican’s $1trillion coronavirus relief plan on Monday, many Americans are asking when they will get their next stimulus payment. 2Many Americans are wondering when they will get their next stimulus paymentCredit: Getty Images - Getty If Republicans and Democrats can finalize plans by the August 7 recess - and President Trump signs it off right away - the next stimulus payments could be sent out as soon as the last week of August. According to a predicted timeline published by CNET based on the first round of coronavirus...
    This law is largely based on the CARES Law. Photo: Karolina Grabowska / Pexels Senate Republicans launched a $ 1 trillion dollar economic relief bill. The proposal was called the Healthcare Financial Assistance, Protection and Liability Act (now known as the HEALS Act), according to USA Today. An important element of this law is that contemplates the delivery of a second stimulus check. How much money would be received It is being proposed that this new stimulus check also be $ 1,200 dollars for individuals and $ 2,400 dollars for couples, which is very similar to what happened with the CARES Law. In addition to this, the Senate Republican bill also includes the additional $ 500...
    HARRISBURG (KDKA) — A warning for all people with loved ones in personal care facilities, senior centers and nursing homes: our state’s top attorney just launched an investigation into senior living facilities accused of seizing their residents’ stimulus checks. KDKA Investigator Meghan Schiller found a local man who claims this happened to his loved one. “They take good care of it.” Justin Ciesielski says he will do anything to keep his dad comfortable. “My dad is clean and healthy and seems to be happy every time I go to see him,” said Ciesielski. At only 62 years old, his father now lives at Mt. Lebanon Rehabilitation and Wellness Center. “He’s had quite a few strokes and...
    WGC-FedEx St. Jude Invitational odds: Jon Rahm among four co-favorites It’s Time to Have the Talk With Your Kids, and These Books About Racism Will Help Second Stimulus Check Update: Republican Plan to Include Next-Round Payments for Dependents The Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act, which was rolled out by Senate Republicans earlier today, includes another round of $1,200 stimulus checks. For most people, the amount of your second-round payment, as envisioned by the GOP Senators, would be almost identical to the first-round payments you received under the CARES Act. However, if you have dependents older than 16 years of age, your second-round stimulus check would be higher under the Republican plan than what you received...
    WASHINGTON -- Unemployment assistance, eviction protections and other relief for millions Americans are at stake as White House officials agreed Monday to launch negotiations with House Speaker Nancy Pelosi on a new coronavirus aid package that's teetering in Congress ahead of looming deadlines.While Senate Republicans struggled to roll out their own $1 trillion proposal, Pelosi implored the White House and GOP lawmakers to stop the infighting and come to the negotiating table with Democrats. Aid runs out Friday for a $600 weekly jobless benefit that Democrats call a lifeline for out-of-work Americans. Republican want to slash it to $200 a week, saying that the federal bump is too generous on top of state benefits and is discouraging employees from returning...
    WASHINGTON -- Unemployment assistance, eviction protections and other relief for millions Americans are at stake as White House officials agreed Monday to launch negotiations with House Speaker Nancy Pelosi on a new coronavirus aid package that's teetering in Congress ahead of looming deadlines.While Senate Republicans struggled to roll out their own $1 trillion proposal, Pelosi implored the White House and GOP lawmakers to stop the infighting and come to the negotiating table with Democrats. Aid runs out Friday for a $600 weekly jobless benefit that Democrats call a lifeline for out-of-work Americans. Republican want to slash it to $200 a week, saying that the federal bump is too generous on top of state benefits and is discouraging employees from returning...
    Senate Republicans are proposing a second round of stimulus checks as part of a coronavirus relief proposal they are unveiling on Monday. The GOP package would provide a $1,200 check to individuals who make up to $75,000 per year or a $2,400 check for married couples who make up to $150,000, according to details from Senate Finance Committee Chairman Chuck GrassleyCharles (Chuck) Ernest GrassleyMnuchin: It 'wouldn't be fair to use taxpayer dollars to pay more people to sit home' Senate passes bill to prevent debt collectors from garnishing stimulus checks Senate GOP punts coronavirus package to next week MORE (R-Iowa). Those amounts would then be scaled down until an \income threshold of $99,000 for an individual or $198,000 for married...
    WASHINGTON -- With less than a week left in the month of July and rent deadline nearing, what happens today with the stimulus check bill will be very important for unemployed Americans.About 24 million Americans say there's little or no chance they'll be able to pay rent, according to the U.S. Census.SEE ALSO: Senate GOP supports second round of coronavirus stimulus checks: McConnellEMBED More News Videos Senate Majority Leader Mitch McConnell discusses the upcoming Senate coronavirus relief proposal on Tuesday, July 21. If the new stimulus plan passes, it could extend the eviction ban.While work on a vaccine continues, Republicans in the Senate are working with the White House on passing the $1 trillion plan. That plan would include another...
    People wait in line to enter the Diversity Job Fair at the Affinia Hotel in New York City. (Photo by Mario Tama/Getty Images) Negotiations for the second stimulus package tied to the coronavirus pandemic will begin in earnest this week. CARES 2 is expected to include a second $1,200 payment to taxpayers.  The last payment was $1,200 for single taxpayers and $2,400 for married couples who filed together. The first payment also provided $500 for each child up to three. However, there are still details about the new payment that remain unclear.  READ MORE: Trump administration wants next stimulus package to protect unemployed According to CNET, the House bill has broad outlines that include $1,200 for any eligible person....
    With less than a week left in the month of July and rent deadline nearing, what happens today with the stimulus check bill will be very important for unemployed Americans.About 24 million Americans say there's little or no chance they'll be able to pay rent, according to the U.S. Census.SEE ALSO: Senate GOP supports second round of coronavirus stimulus checks: McConnellEMBED More News Videos Senate Majority Leader Mitch McConnell discusses the upcoming Senate coronavirus relief proposal on Tuesday, July 21. If the new stimulus plan passes, it could extend the eviction ban.While work on a vaccine continues, Republicans in the Senate are working with the White House on passing the $1 trillion plan. That plan would include another round of...
    Another round of federal stimulus checks could soon be making their way to millions of U.S. taxpayers, with Treasury Secretary Steven Mnuchin signaling on Thursday that President Donald Trump is eager to move ahead with the payments.  Mnuchin announced Thursday that the White House and Senate Republicans have reached a "fundamental agreement" on an opening legislative proposal to provide Americans with additional coronavirus relief.  While the details aren't yet known, reports suggest that some Republican lawmakers could seek to limit the stimulus checks to lower-income households. Asked about another round of stimulus checks earlier this month, for instance, Senate Majority Leader Mitch McConnell noted that the people who have been hit hardest by the coronavirus pandemic are those earning less than $40,000...
    SAN FRANCISCO (CBS SF) — A new COVID-19 stimulus bill was expected to be unveiled on Monday by Republican leaders after the $600 weekly federal unemployment boost expired for millions of Americans over the weekend. But the proposal was not expected to renew the full unemployment insurance enhancement. “We are going to be prepared on Monday to provide unemployment insurance extension that would be 70% of whatever the wages you were prior to being unemployed,” said White House Chief of Staff Mark Meadows. House Democrats passed a bill two months ago to extend the $600 payments through January. House Speaker Nancy Pelosi told Face the Nation Sunday the new formula is too complicated. “Figuring out 70 percent of...
    SAN FRANCISCO (KGO) -- Senate Leader Mitch McConnell is calling it CARES 2. The new stimulus package is expected to include a $1,200 dollar stimulus check, an eviction moratorium and a new unemployment aid proposal.RELATED: Another $1,200 stimulus check would arrive next month, Mnuchin saysStanford Economics Professor Nicholas Bloom says it's time to act fast, "The economic situation is truly awful. It's truly horrible. So, one is the unemployment rate is at all-time high. We haven't seen unemployment rates this bad since the Great Depression."The current unemployment aid of $600 a week runs out at the end of the week. The new proposal calls for giving workers 70% of pre-pandemic wages.FAQ with EDD: From getting through on the phone to...
    WASHINGTON, DC – JULY 20: Senate Majority Leader Mitch McConnell (R-KY) (L) listens to U.S. … [+] President Donald Trump talks to reporters while hosting Republican congressional leaders and members of Trump’s cabinet in the Oval Office at the White House July 20, 2020 in Washington, DC. Trump and the congressional leaders talked about a proposed new round of financial stimulus to help the economy during the ongoing global coronavirus pandemic. (Photo by Doug Mills-Pool/Getty Images) Getty Images The Senate returned last Monday after weeks of speculation about what could be in the next stimulus bill, we have our first concrete signs of what Senate Leader Mitch McConnell (K-KY) is calling CARES 2. To set the stage, remember that...
    Next August 7 will be the last day of the Congress session before taking his break There are many citizens waiting for this important financial support to be approved. Photo: JOSEPH EID / . / . Currently, the approval of a second stimulus check is being discussed in the Senate, and the last day of the session will be August 7, which means lawmakers must agree on a bill before this day, since after this, senators will return to their home states until the session resumes on September 8, according to CNet. It is not yet known how long it will take from the time the law is enacted to the time the IRS sends the...
    As the economic devastation caused by the coronavirus pandemic continues, some help may be coming. White House economic adviser Larry Kudlow told CNN’s Jake Tapper on Sunday that the new draft stimulus bill being unveiled tomorrow includes another $1,200 check, similar to the ones authorized under the CARES Act back in March. After Kudlow and Tapper had a heated exchange about the state of the economy and the unemployment struggles of many Americans, including the Trump administration’s proposed cuts to unemployment benefits, Kudlow brought up the second stimulus check. The additional $600 in weekly unemployment benefits many Americans were receiving ended this week. “I just want to add, Jake, I just want to add we are talking about employment benefits...
    Dear Moneyist, Unfortunately, we are one of the families who only got a $200 stimulus payment. We have a family of five that we provide for, but because one of our kids would have owed around $800 in federal taxes and would benefit more from us not claiming her, we allowed her to file on her own. She was then able to receive a refund instead of owing taxes due to claiming the educational tax credit we couldn’t claim because of the government's income threshold.  That left us with a family of four to take care of. I’m having a hard time understanding how earning over $200,000 a year is too much to qualify for a decent stimulus check when...
    AMERICANS could receive another stimulus check and additional benefits from a second coronavirus rescue package set to be revealed in Congress. Senate Republicans are preparing to introduce a second economic relief bill on Monday, which Treasury Secretary Steve Mnuchin said will include another round of $1,200 payments. 8A second stimulus bill could provide added benefits in addition to another round of $1,200 Economic Impact PaymentsCredit: AP:Associated Press 8The bill count include a payroll tax cut for employers and employees who return to workCredit: Getty Images - Getty Although Mnuchin and Senate Majority Leader Mitch McConnell have remained tight-lipped on details, one senator wants to give Americans $450 a week to return to their jobs or secure another one. The temporary...
    Getty A new coronavirus stimulus package is expected to be released this week. Will fewer people be eligible for a check? If you’re wondering when you will get that second COVID-19 stimulus check, the U.S. Treasury Secretary on July 25 unveiled a deadline, according to The Associated Press: August. He also confirmed that the checks are likely to match the amount people got last time: $1,200 for most people who earn under $75,000 a year, with gradually reducing amounts up to those pulling in $99,000 a year, AP reported. Treasury Secretary Steve Mnuchin made the comments after he and President Donald Trump’s chief of staff met with the staff of Republican senators at the U.S. Capitol, according...
    WASHINGTON -- Treasury Secretary Steven Mnuchin said Saturday that Republicans were set to roll out the next COVID-19 aid package Monday and assured there was backing from the White House after he and President Donald Trump's top aide met to salvage the $1 trillion proposal that had floundered just days before.Mnuchin told reporters at the Capitol that extending an expiring unemployment benefit - but reducing it substantially - was a top priority for Trump. The secretary called the $600 weekly aid "ridiculous" and a disincentive for people to go back to work. He also promised a fresh round of $1,200 stimulus checks would be coming in August."We're prepared to move quickly," Mnuchin said after he and Mark Meadows, the president's...
    A preliminary draft of the legislation that is handled in the US Senate as part of a last stimulus package It confirms the intention to include a second round of stimulus checks for individuals and families, although it does not offer details on its scope. The document circulating since Thursday and was reviewed by the New York Times precise provision to include new economic stimulus payments. Under the heading “Stimulus payments”, the text states that “that will be included.” The New York newspaper report states that the White House Along with Republican senators, they are closer to an economic bailout proposal agreement that will include another round of direct payments to Americans, as well as additional aid for small...
    SENATE Republicans are preparing to unveil a second round of stimulus checks in a new coronavirus aid package, but Americans' eligibility could change. 1Credit: Rex Features   More to follow... For the latest news on this story keep checking back at Sun Online. The Sun is your go to destination for the best celebrity news, football news, real-life stories, jaw-dropping pictures and must-see video. Download our fantastic, new and improved free App for the best ever Sun Online experience. For iPhone click here, for Android click here. Like us on Facebook at www.facebook.com/TheSunUS and follow us from our main Twitter account at @TheSunUS.
    Getty A new coronavirus stimulus package is expected to be released this week. Will fewer people be eligible for a check? It’s become clear that Republicans are planning to approve a second COVID-19 stimulus check for Americans, but one top Republican leader now says it’s not likely they will happen in July. That’s because, although the GOP-controlled Senate started negotiations over the stimulus relief package on the week of July 20, there’s still a lot left to hash out. That includes the exact amount and cutoff eligibility rules for a second check, although the Treasury Secretary Steve Mnuchin did make a comment that indicates those could match the first round, which would mean $1,200 for Americans earning less...
    Getty A new coronavirus stimulus package is expected to be released this week. Will fewer people be eligible for a check? Will fewer people receive a stimulus check this go around? On Thursday, Treasury Secretary Steve Mnuchin confirmed the details of the upcoming stimulus check. The second round of payments will be for the same amount as the first round, and the cap for income eligibility will also be the same as the first round. This means that those who make under $75,000 will receive $1,200 and that amount will phase out up to an income of $99,000. Speaking to The Hill on Thursday, Mnuchin said, “We’re talking about the same provision as last time, so our proposal...
    Getty The details of the upcoming stimulus check were confirmed by Treasury Secretary Steve Mnuchin on July 23 during a press conference with reporters. The second round of stimulus checks will be for the same amount as the first round, he confirmed, which means that hundreds of millions of Americans will receive another check for $1,200 in the months to come — if this package is approved. Other details of the second round were established: the cutoff point for income eligibility will not be $40,000, as many speculated. Rather, it will be the same cutoff point as the first round of stimulus checks had: anyone with an income under $75,000 will receive $1,200, and this number will slowly...
    AMERICANS should invest their $1,200 second stimulus check into BITCOIN to stave off inflation and a stock market crash, an expert claims. Republicans have unveiled a new $1trillion coronavirus rescue package after the White House dropped its request for a cut to Social Security payroll taxes. 5Americans should invest their stimulus check into Bitcoin despite unemployment in the country standing over 11 per cent, an expert claimsCredit: Rex Features Entrepreneur Tatiana Koffman has suggested investing the check into crypto-currency Bitcoin rather than saving it despite unemployment in the US remaining over 11 percent. More than 1.4million American workers filed for state jobless benefits last week, marking the first uptick in three months. The Federal Reserve's balance sheet already...
    A forthcoming Senate Republican coronavirus proposal will mirror a March stimulus bill that included a one-time $1,200 stimulus check for some Americans, according to a top negotiator. Treasury Secretary Steven MnuchinSteven Terner MnuchinRepublicans to start unveiling coronavirus package Thursday GOP may face choice on tax cut or stimulus checks GOP-White House agree to 5 billion in coronavirus aid for schools MORE, asked how the direct payments will be structured in the soon-to-be-released GOP bill, said it would be exactly the same as the language in the $2.2 trillion bill signed into law in late March. "We're talking about the same provision as last time, so our proposal is the exact same proposal as last time," Mnuchin told reporters about what...
    AMERICANS who didn’t qualify for a coronavirus stimulus check during the pandemic this year might be able to claim the tax credit when filing their 2020 taxes. The $1,200 economic relief payments are part of the $2.2trillion Cares Act rescue package signed into law by President Donald Trump in March aimed at helping people amid the virus outbreak. 2 Those who didn't receive a coronavirus stimulus check from the government might be able to claim it on their 2020 taxesCredit: Getty Images - Getty Anyone earning up to $75,000 in adjusted gross income and who has a Social Security number is supposed to receive a payment. The payment steadily declines for those who make more — and those earning more...
    Getty There will likely be a second round of COVID-19 stimulus checks. It appears that Republicans have coalesced around the need for a second COVID-19 stimulus check to Americans, but discord in the Senate among Republicans over other provisions in the new relief package could delay when you get your second check. Congress returned to session on July 20. The Senate goes into its Senate Recess on August 7, so that’s the date by which the plan needs to be approved. The Senate comes back into session on September 8, according to Forbes. According to WRIC-TV, if disagreements push the passage of the second relief plan, including a second stimulus check, to the August recess date, it will...
    While millions of Americans have saved, spent or invested their stimulus checks, some domestic-violence survivors have found themselves deprived of the financial lifeline and often saddled with the knowledge that their abuser has the money. Now, senators and advocates are pressing the Internal Revenue Service to send replacement checks to survivors and set rules that would prevent abusers from intercepting the cash if there’s a second round of stimulus checks. “ ‘A stimulus payment can make a huge difference in financially easing the burdens many survivors and their children are facing with remaining safe and secure economically.’ ” — Sonya Passi, founder and CEO of FreeFrom “A stimulus payment can make a huge difference in financially easing the...
    Washington (CNN)On Mondays, Wednesdays, and Fridays, volunteers in a community outside Seattle set up tables on the street and open their laptops to help homeless people sign up for economic stimulus payments. Organized by a nonprofit called Angel Resource Connection, the group has registered about 400 people for the federal aid since April and are still finding those who haven't yet applied.While more than 160 million Americans have received the federal payments, an estimated 12 million of the most vulnerable Americans may have missed out.Most eligible adults received the money automatically. But very low-income people who don't normally file tax returns have to submit an online form so the Internal Revenue Service knows how to reach them. It was an...
    Getty Senate Majority Leader Mitch McConnell. Mitch McConnell has confirmed a second round of coronavirus stimulus check payments for the first time. The Senate Majority Leader spoke publicly on Tuesday after a closed meeting with Republicans. He said in part, “The economy needs another shot of adrenaline,” McConnell said Tuesday. “If we lose control of the virus…everything else will be window dressing.” McConnell did not provide further clarification, regarding the amount Americans might expect in their payments, or the range of eligibility. He has previously made a comment leaving some to believe he might support an income cap at $40,000 for second round eligibility, but he has not supported this income cap explicitly. Here’s what you need to...
    Getty Amazon CEO Jeff Bezos After Jeff Bezos’ net worth increased by a staggering $13 billion in one day, some Twitter users have a suggestion for what he can do with all that cash: Send Americans a second COVID-19 stimulus check. Numerous people had that same idea as Congress debates whether or not to send Americans a second government check. The pandemic has helped fuel Bezos’ mouth-dropping wealth gains this year as more people head online to shop, often turning to his brainchild, Amazon.com. Maybe it’s time for Bezos to give Americans some of them money back, Twitter users argued. How are you, one man, worth $172 BILLION? Jeff Bezos needs to start giving out stimulus checks. pic.twitter.com/2Fj28k6kkg...
    CLAIM: The Obama-Biden administration provided “shovel-ready” jobs in the 2009 “stimulus” that Joe Biden managed. VERDICT: FALSE. Even President Barack Obama himself admitted that the “shovel-ready” jobs did not really exist. Former Vice President Joe Biden delivered a short speech in New Castle, Delaware, on Tuesday, in which he proposed offering new child care and elder care benefits (paid for by raising taxes, including taxes on real estate investors). Biden reminded Americans that he had been in charge of the 2009 “stimulus,” which cost $862 billion but barely made a dent in unemployment, since it was targeted at state and local governments and favored Democrat special interests. The stimulus, otherwise known as the American Recovery and Reinvestment Act, also featured...
    Getty What is the HEROES Act? Get the details here. The HEROES Act (Health and Economic Recovery Omnibus Emergency Solutions Act) is a proposal that passed in the U.S. House of Representatives on May 15. The bill is now in the hands of the Senate, who has voiced skepticism about the details of the package. Given that the HEROES Act has been called an “unserious product form an unserious majority” by Senate Majority Leader Mitch McConnell, according to debt.org, it will likely not pass in its current form. As it stands, the HEROES Act is a $3 trillion plan to alleviate economic distress caused by the coronavirus. The relief bill promises a second stimulus check, debt relief, $200...
    Getty There's expected to be a second COVID-19 stimulus check. As top Republican leaders make it clear that they are going to approve a second COVID-19 stimulus check for some Americans, some are wondering whether the new eligibility rules could exclude many seniors. The question is whether older Americans would likely be over the income eligibility requirements that Republicans set. To be clear, the amount and eligibility for the second stimulus checks has not yet been determined. Senate Republicans reconvened to discuss just that, and more, the week of July 20, 2020. All they’ve said so far is that a second check is going to happen. What’s driving the concern about seniors is comments that Senate Majority...