GOP HEALS Act: $1,200 stimulus check included, unemployment payments slashed

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But the stimulus bill has a long way to go before Congress passes it and Americans can get their second stimulus checks. Senate Republicans have unveiled their proposal for a $1 trillion HEALS Act. The act is a follow-up to the $2.2 trillion CARES Act passed in March this year. Both acts aim to boost the economy as workers and businesses struggle with the economic fallout from the COVID-19 pandemic. Read Full Story

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Heroes Act 2.0 update: Here’s what’s in the Dems’ new stimulus package, including $1,200 checks

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Not only would most Americans get another $1,200 stimulus check, but the Democrats’ revised bill would also bring back the extra $600 per week in unemployment benefits. Back in May, the Democrat-controlled House of Representatives passed the Heroes Act , a $3 trillion coronavirus relief bill that would have extended the then-current $600 weekly unemployment benefits to Americans until January 2021 and also would have issued another round of $1,200 stimulus checks. Read Full Story

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Unemployment benefits for gig workers and freelancers: Here’s what we know so far

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The CARES Act extends unemployment benefits to gig economy and freelance workers—but for now their benefits are in limbo. Last week the United States Congress passed the historic CARES Act. The act provides a staggering $2 trillion in monetary stimulus in order to help keep the economy going as much as possible while the COVID-19 coronavirus pandemic sweeps the globe. Read Full Story

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Stimulus update: What the election could mean for second checks and extra unemployment

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Americans have been waiting months and months for relief. The presidential race is over, but now the Georgia runoffs loom on the horizon. Election Day has passed and COVID-19 lockdowns are returning. Millions of Americans are still desperately awaiting some kind of aid in the form of stimulus checks or expanded federal unemployment, like the kind that was passed with the CARES Act back in March but has since expired . Here’s the latest on what’s happening in Washington with the long-promised congressional bill for coronavirus relief: Read Full Story

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Biden stimulus checks update: What the GOP compromise plan could mean for third payments

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Under the GOP proposal, only certain Americans would get a third stimulus check. President Joe Biden is eager to pass legislation that would get another round of stimulus checks out to all Americans. Under Biden’s $1.9 trillion proposal, the president wants another stimulus check, this time worth $1,400, to go out ASAP. The amount of Biden’s proposed economic impact payment would be the largest one-off COVID-19 stimulus payment Americans have received yet. Read Full Story

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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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Biden stimulus update: When is my third IRS check, unemployment, or student loan forgiveness coming?

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After the Senate pulled an all-nighter, here’s the latest on coronavirus relief. So Joe Biden is now president, and he’s leading a Democrat-led Congress to pass a $1.9 trillion in stimulus aid. So deposits will be arriving in your bank account any day, right? Well, no. First comes the vote-a-rama. Here’s the latest as we head into the weekend: Read Full Story

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