Stimulus update: What the latest plan means for third IRS checks, extra unemployment, child tax credits

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Democrats plan to pass the bill through Congress on Friday. There’s something in it for everybody. Yesterday, Democrats released the latest version of their $1.9 trillion stimulus bill, the American Rescue plan. This is relevant to you because after months of speculation, we finally know the likely exact amounts of dough that you can expect to see land in your bank account. Read Full Story

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Stimulus update: Extra unemployment or second checks could be on the chopping block in competing packages

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Congress has limited working days left before the end of 2020. Here’s the latest update on competing stimulus plans for coronavirus relief. The clusterjam of semi-dysfunctional negotiations continues in Washington as Congress rolls into month nine of trying to pass a second stimulus package for coronavirus relief. The good news: Everyone is back at the table. The bad news: They’re at different tables. Read Full Story

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Bipartisan stimulus plan: What’s in the Problem Solvers Caucus COVID relief proposal?

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50 bipartisan House members unveiled a stimulus compromise called ‘March to Common Ground’ that included stimulus checks and more unemployment. In a last-ditch attempt to pass some kind of economic stimulus package before the November election, a group of 50 bipartisan House members calling themselves the Problem Solvers Caucus unveiled a middle-ground proposal to help Americans and businesses still struggling from the effects of the coronavirus pandemic. Although the plan, dubbed “ March to Common Ground ,” includes policies that have broad public support—more stimulus checks, childcare, extra unemployment benefits, and the like—it doesn’t have much hope of passing in its current form. Here’s what you need to know: Read Full Story

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Stimulus update: Talks resume on second checks, extra unemployment. Should we hold our breath?

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Steve Mnuchin and Nancy Pelosi are reportedly back at the table. Are there reasons to be optimistic this time? On Tuesday, your hopes of receiving another stimulus check and more federal unemployment this year were seemingly dashed when President Trump ended negotiations on a congressional stimulus bill until after the election. But today is Friday! And negotiations are happening again. Here’s the latest update as we head into the weekend: Read Full Story

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Stimulus update: How soon after the election could extra unemployment or second checks pass?

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With COVID-19 cases rising, House Speaker Nancy Pelosi has said she wants to push a comprehensive stimulus package in the lame duck session. Election Day is a mere four days away, and the good people in Washington have failed to pass a stimulus bill for coronavirus relief. In fact, they can’t even agree on what a stimulus package might include. With no hope for a pre-election deal, here’s the latest update on how things might play out after November 3. Read Full Story

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