Update June 15: The Senate has not voted on the HEROES Act, and both the Senate and White House are instead writing up their own proposals. More details below. Two more proposals are taking shape, one from the Senate Republicans, and one from White House Advisers. Senate Proposal: Mitch McConnell is leading the charge on a phase 4 stimulus package, and says "it would be the last one." He … [Read more...] about Are Second Stimulus Checks Coming? – Latest Updates
Update August 6: The HEALS Act is being negotiated this week, but the Senate cannot agree The GOP and Democratic Senate leaders cannot come to an agreement on the HEALS Act. They are scheduled to go on a month-long recess after August 7th. Most of the contention is not due to the Stimulus Checks, it seems at this point a sure thing that a second round of $1,200 checks will be issued. The … [Read more...] about Update: $1,200 Second Stimulus Checks Delayed, Congress Can’t Agree
I posed a question on Twitter a few weeks back: Are the new unemployment benefits (extra $600 per week) unfair to "essential workers" who don't get the extra funds AND have to keep working?— Jacob Wade (@iHeartBudgets) April 9, 2020 Apparently Mitt Romney heard me, because a few short weeks later, he introduced Patriot Pay. This refundable payroll tax credit would pay "frontline" workers … [Read more...] about Extra $12 An Hour? Romney “Patriot Pay” Stimulus Proposed
On April 13th, the IRS started sending out Stimulus Payments to American taxpayers. Related: Second Stimulus Check Proposed ($2,000 a month!!) They claimed to have sent out over 80 Million direct deposit payments, but many people did NOT get paid, many who qualified and were expecting direct deposit payment. And there are also millions who will NOT be getting direct deposit, but do they … [Read more...] about Where’s My Stimulus Check?! Get My Payment App Let’s You Check Status
A new month just started, and with millions out of work, and many more dealing with the effects of the novel coronavirus, many are struggling just to put food on the table, let alone pay their rent or mortgage for this month. Related: For more financial help, check out the details on your Stimulus Check, Who Qualifies for Unemployment, and my complete COVID-19 Financial Resources … [Read more...] about COVID-19 Mortgage & Rent Relief: What You Need To Know
During the COVID-19 health crisis, many Americans are losing their income. Some reports even claim that over 30% could be on unemployment during the peak of the financial crisis we are in. The most important thing you can do is to get on an emergency budget, take care of your immediate needs and your family. But those with large amounts of Student Loan Debt have an additional burden to think … [Read more...] about COVID-19 Student Loan Relief: Who Qualifies And How Does It Work?