قالب وردپرس درنا توس
Home / Tips and Tricks / “We will pass on another rescue package as soon as possible.” Vote now Monday for a stimulus check of $ 600, more

“We will pass on another rescue package as soon as possible.” Vote now Monday for a stimulus check of $ 600, more



067-cash-money-dollars-bills-stimulus-check-congressional-pass-mail-banking-finance-desperate-poverty-us-treasury

Congress could be very close to a vote on a stimulus package that includes a second stimulus check.

Sarah Tew / CNET

Republicans and Democrats announced on Sunday afternoon that they had signed the final details of a joint bipartisan deal that will fund the government for a year and a Incentive package of $ 900 billion that includes one second stimulus control from $ 600 and $ 300 in weekly unemployment insurance for unemployed Americans. Originally scheduled for a vote on Sunday, the House of Representatives is now scheduled to vote on the COVID-19 incentive bill Monday. The House of Representatives vote last Sunday to fund the government one more day until Monday’s vote.

“Congress has just reached an agreement,” tweeted Mitch McConnell, Senate Majority Leader. “We will pass on another rescue package as soon as possible. More help is on the way.”

The coronavirus aid package is being critically renewed expiring federal benefits at a time when the nation is seeing rising infections, hospitalizations and “gruesome” deaths from COVID-19. Federal inactivity is expected to remain tens of millions unemployed Americans with no income and uncover millions of households being evicted.

“This emergency relief bill is an important first step,” house speaker Nancy Pelosi said in a statement Sunday afternoon. “In 31 days, when Joe Biden enters the White House, more help will come. “

The second stimulus control aims to go to the same recipients of the first stimulus check this year, Senator John Barrasso said on Fox News Sunday. Pelosi described the direct payments as “worth up to $ 600 per adult and child, which also ensures that mixed status families receive payments.”

The qualifications in a second stimulus check seem to be the definition of which counts as a dependent, according to The Washington Post, an award that keeps the amount a second incentive check would send to families more or less in line with the first check.

It is not clear whether the Senate will be immediately after Monday COVID-19 Incentive Account would pass the house. Much could depend on when the vote in Parliament would end.

read more: Would you like a third incentive invoice? America’s next convention could be key

When can an incentive bill or package pass?

House vote

Senate vote

President signs

21st of December

21st of December

December 22

21st of December

December 22

December 22 (Trump signs the same day)

21st of December

December 22

23 December

A wider package, like the $ 2.2 trillion CARES Act of March, will likely return to the table in early 2021, top U.S. leaders have suggested. It’s too early to say if that sweeping package would do that find a third stimulus check for $ 600 or $ 1,200.

“We’re not leaving here without a COVID package. It’s not going to happen. We’ll stay here until we have a COVID package,” Senate Leader Mitch McConnell said on December 15. “However long it takes, we I’ll be here.”

Why isn’t a second stimulus of $ 1,200 part of the bill checked?

A second stimulus control has had widespread bipartisan support since the CARES Act was passed. In recent months, everyone from President Donald Trump and President elect Joe Biden to members of Congress, economists and ordinary people have advocated a different direct payment.

101-cash-money-dollars-bills-stimulus-check-congressional-pass-mail-banking-finance-desperate-poverty-us-treasury

A vote can be taken on the new stimulus package soon.

Sarah Tew / CNET

Last week, Trump called for “more money than they are talking about” in stimulus checks, as high as $ 1,200 or $ 2,000 per person. Aides would have convinced him that making such demands would jeopardize a stimulus bill, The Washington Post reported.

While many are in favor of a direct payment of $ 1,200 in theory, a second smaller stimulus check is seen as a way to keep costs below the $ 1 trillion mark that Republican lawmakers have said to support in the past.

Stimulus control isn’t cheap. The IRS said this summer it had spent $ 270 billion sending 160 million checks, and on Monday Senator Mitt Romney, a Republican involved in drafting the bipartisan stimulus proposal, predicted a cost of $ 300 billion if the checks once were charged again for $ 1,200 per person. Republicans have reportedly curbed the charges.

A variety of factors could have contributed to a second stimulus check that ended up in the final bill at all, from the popular opinion and presidential bias to that complicated two-pronged rejiggering mentioned above that freed up $ 160 billion, enough for a smaller stimulus check than before .


Now playing:
Look at this:

Following stimulus checks: what to expect


3:03

Where did the $ 900 billion stimulus package come from?

The $ 900 billion stimulus proposal is the latest variant of a $ 908 billion proposal from Dec. 1 that was split into two parts by Monday. The first is a $ 748 billion core bill, which includes unemployment finance and other measures. The second is a $ 160 billion bill that removes the two most controversial issues that could capsize an agreement: money for state, local, and tribal funding on the one hand; and a liability shield to protect companies from coronavirus litigation.

Neither lob of the two-part stimulus deal contained one second stimulus control, but now that the thorniest issues have been cleared up, the main Democratic and Republican negotiators are seizing the monetary wiggle room to finance the popular stimulus check at a discounted rate.

How fast can support for stimulus packages go out?

First, the incentive law would have to be approved by the House of Representatives and the Senate. Now if both chambers work together on a deal, chances are it will. Next, Trump would have to sign the bailout bill. After that, aid would likely start to go out within weeks, with certain groups potentially getting financial aid before the end of 2020.

If an invoice is accepted that includes a direct payment, here follows how soon we think the IRS can send a second stimulus check.

Will there be a new incentive law in 2021?

Biden, McConnell and others have repeatedly described this December legislation as emergency relief rather than a comprehensive economic stimulus package, and have committed to a new stimulus law in 2021.

“It’s a down payment,” Biden said on December 16. “A major down payment for what is due in late January and early February. But it’s really important to get it done.”

Here’s everything we now know about the chances of a third stimulus check in 2021.

For more information on stimulus controls, here how quickly you now get your second stimulus check, what to do to speed up the delivery of a possible second checkand what you need to know about the HEALS, CARES and Heroes proposals for incentive laws that can help inform a final package.




Source link