Second stimulus package update: Here’s the latest news as negotiations continue

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In the wake of President Trump’s COVID-19 diagnosis, House Speaker Nancy Pelosi says she’s more optimistic that the next stimulus package will finally emerge. As Americans hurting from the economic impact of the coronavirus pandemic head into yet another weekend with no relief in sight, House Speaker Nancy Pelosi is suggesting that negotiations on Capitol Hill could finally turn a corner thanks to an unlikely wild card—President Trump’s COVID-19 diagnosis. Read Full Story

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Stimulus package update: With no deal for second checks or unemployment, Trump says negotiations are off

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House Speaker Nancy Pelosi promptly responded, accusing the president of “putting himself first at the expense of the country.” Will millions of Americans still suffering from the economic and health effects of the coronavirus pandemic, President Trump said in a series of tweets today that he was putting an end to negotiations for a long-stalled relief package. Read Full Story

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Trump has finally signed the stimulus bill: Here’s the latest on $600 checks and unemployment benefits

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Some Americans will lose a week’s worth of additional unemployment benefits. Last Monday, December 21st, Congress finally passed the second pandemic relief bill . The bill included $900 million in funds to deal with the continuing economic fallout from the COVID-19 pandemic, including the second round of stimulus checks–worth up to $600 per person. However, after sending the bill to the president to sign, Trump refused to do so for a week, only relenting last night when he finally signed the relief package into law. Read Full Story

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Second stimulus checks and unemployment: Here are the latest details as we wait for a package

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We finally know more details about the next stimulus package for coronavirus relief. The package is expected to include direct payments to Americans. Finally, the next stimulus package bill for people affected by COVID-19 is upon us. Sorta. Yesterday, Senate Majority Leader Mitch McConnell was supposed to release the lonnnnng-awaited legislation that will serve as a starting point in negotiations with Democrats. He didn’t. The release has now been bumped back to next week . But Treasury Secretary Steven Mnuchin has been talking to the press about what you’ll likely get. 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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Andrew Yang renews calls for UBI after latest stimulus package fails to provide direct payments

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Universal basic income was the centerpiece of Yang’s presidential platform. Now, a lot more people see it as a good idea. Former Democratic presidential candidate Andrew Yang and his supporters see a pivotal failing with the $484 billion stimulus bill supplement signed today by President Trump. The plan contains no stimulus for the people. He is lobbying for $2,000 monthly stimulus checks to be sent directly to American adults, plus $500 per child, until the end of the COVID-19 crisis, and he’s encouraging his 1.4 million Twitter followers to call their congressional representatives. Read Full Story

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Extra unemployment benefits update: Here’s the latest on which states are paying and what to expect

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Each state has its own system, which will pay you on its own timeline. It’s been 10 days since President Trump signed the COVID-19 relief package, following a ludicrous nine-month roller-coaster of negotiations and congressional disagreement. The package included additional federal unemployment benefits, so why aren’t fresh unemployment payments in your bank account or mailbox? So many reasons, none of which you could be expected to decipher from the 5,600-page bill . Read on. Read Full Story

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Here’s what would need to happen for $2,000 stimulus checks to pass

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House Democrats have passed a bill giving Americans $2,000 stimulus checks. Here’s what it’ll still take for that to happen. After stalling for a week, President Trump finally signed the latest stimulus bill. The bill provides for another round of stimulus checks– but worth up to only $600 this time . That’s far less than what most Americans were hoping for–and less than what the Democrats wanted, which were checks worth $2,000 apiece. That’s why the Dems put a second stimulus bill to the floor in the House last night, calling for $2,000 stimulus checks. It passed the Democratic-controlled House with a two-thirds majority. Still, that’s hardly the only step needed to get the two-grand in your pocket. Here’s what’s left: Read Full Story

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