So, are we getting another stimulus check? (Stimulus Package Update/ 1200 Dollar Stimulus Check)
10This video is talking about if we're going to get another stimulus check in this current package or not. Hope you guys enjoyed! FREE STOCKS: https://act.webull.com/nt/fIFlH6WOmR7J/cwz/inviteUs/
This video is discussing on if we're going to get another stimulus check and geting and 2nd stimulus check if you got the first stimulus check. This is todays news on the stimulus deals and what is going to happen depending on what nancy polois, and mitch mcconnel even say. I hope everyone gets another stimulus check and everyone deserves another 1200 stimulus check. Even Bernie Sanders is pushing for another stimulus check and encouraging everyone to spend more. This congress going to pass another stimulus check being lame and not helping oiut everyone. I think everyone deserves another stimulus check and that people deserve to be able to get a stimulus check and a 2nd stimulus check.
Time is running out for the U.S. government to approve a second coronavirus relief package. So where does that leave Americans anxiously awaiting a second federal stimulus check — the cash payments that were distributed earlier this year? There are signs that a scaled-down deal might be in the works, although the popular stimulus checks may not be part of another round of aid.
Lawmakers could still pass a stimulus bill before the Senate adjourns for its holiday recess on December 18, but most economists believe it's unlikely to match the $2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law in March and provided $1,200 checks to most Americans.
While there is a reason for optimism for some form of economic stimulus by year-end, the door may be shutting on another round of $1,200 checks — at least until after a new session of Congress begins in early January. Two new stimulus proposals — one from a bipartisan group of lawmakers and a less-generous plan from Senate Majority Leader Mitch McConnell — don't include funding for more stimulus checks, although they would provide money for unemployment aid and other support.Given ongoing negotiations, Wall Street analysts say they believe there's a higher likelihood of a deal this month, with Heights Securities now pegging its chance at 75%, up from 50% before this latest round of talks. However, their analysis finds it "unlikely" that $1,200 checks will be included in the next package.
Instead, the next round will likely focus on extending unemployment benefits, which will otherwise expire for 12 million jobless workers on December 26, and on providing aid to businesses through the Paycheck Protection Program, Heights Securities said.
Dueling plans
The first plan comes from a bipartisan group of lawmakers who are proposing more than $900 billion in stimulus spending. Democratic Senator Joe Manchin of West Virginia on Tuesday tweeted that the group would direct $288 billion to refresh the Paycheck Protection Program for small businesses and $180 billion in unemployment aid. However, the bill doesn't appear to include funding for another round of stimulus checks.
On Tuesday, McConnell unveiled a proposal for a "targeted relief package," which is far less comprehensive than the bipartisan effort from Manchin and other lawmakers. It would direct about $330 billion toward a one-month extension of two unemployment programs that expire on December 26, the Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation programs, as well as provide aid for the Paycheck Protection Program.
This is my video on if we're going to get a 2nd stimulus check or if we can get another stimuluis check or if congress is going to pass another 1200 dollar stimulus check. As of now, no we're not getting another stimulus check and I really wish we coudl get another stimulus check in general. I know a lot of cool financial people such as meet kevin and other people are doing updates all the time for the stimuus check new. I also know for 2020 stimiulus checks have been hard, and we might be talking about stimiulus checks still in 20202. nd almost 12 million jobless workers are slated to be cut off from unemployment aid the day after Christmas, according to an analysis by The Century Foundation, a progressive think tank. I hope we all get a new stimulus check and more then 1200 dollars!
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