Update May 15: The House just passed this bill, but most likely will NOT pass in the Senate, and Trump has promised a veto if it hits his desk. But this is the first real proposal for a second stimulus package, and hints at what Democrats are fighting for. There's a new Stimulus Package on the table, and it's a $3 trillion monster of a bill! On May 12th, House Speaker Nancy Pelosi proposed … [Read more...] about Update: Second Round of $1,200 Stimulus Checks – HEROES Act Passes House
Update May 27: The Senate has the HEROES Act, and is reviewing it. They will most likely want changes, and will NOT be voting on it before June. Republicans are on record saying they want to WAIT to see how the CARES Act affects the economy, and they want a stimulus package that helps get people back to work. Update May 15: The HEROES Act has passed the House! But it's doubtful the Senate will … [Read more...] about IRS Second Stimulus Check? Here’s The Latest.
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?