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Trump Stimulus Update!!

House to vote on $2,000 stimulus checks after Trump signs Covid relief and funding bill.

KEY POINTS

  • The House will vote on increasing the direct payments in the year-end coronavirus relief bill to $2,000.
  • President Donald Trump signed the legislation into law Sunday, after days of saying he opposed the measure because it includes only $600 stimulus checks.
  • The GOP-held Senate is unlikely to pass the larger direct payments even if the House does so.

President Donald Trump signed the massive $2.3 trillion coronavirus relief and government funding bill into law Sunday night, averting a government shutdown that was set to begin on Tuesday, and extending billions of dollars in coronavirus aid to millions.

Trump’s signature of the $900 billion Covid relief package extends unemployment benefits for millions of jobless gig-workers and independent contractors, as well as the long-term unemployed.

The estimated 12 million people in two key pandemic unemployment programs, who were facing their last payment this weekend, will now receive benefits for another 11 weeks. Plus, all those collecting jobless payments will receive a $300 weekly federal boost through mid-March.

However, because Trump did not sign the bill on Saturday, those in the Pandemic Unemployment Assistance and the Pandemic Emergency Unemployment Compensation programs will likely not receive a payment for the final week of the year.

And the $300 federal enhancement may only last 10 weeks instead of 11 weeks for most folks.

The House will vote Monday on increasing the second round of federal direct payments to $2,000 as Democrats embrace President Donald Trump’s calls to put more money in Americans’ pockets.

Cnn: https://www.cnn.com/2020/12/27/politics/trump-relief-bill-christmas-eve/index.html

Democrats have called the relief bill a down payment and plan to push for more aid after President-elect Joe Biden takes office Jan. 20.

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hands with latex gloves holding a globe with a face mask

3 thoughts on “Trump Stimulus Update!!”

  1. Oh my goodness! Incredible article dude! Thank you, However I am having difficulties with your RSS. I don’t know the reason why I cannot join it. Is there anybody getting the same RSS problems? Anyone that knows the answer can you kindly respond? Thanks!!

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