A second wave of stimulus checks and economic support could be coming to alleviate financial burdens the coronavirus pandemic has caused.
The $3 trillion Heroes Act, which has already passed the House, is an expansive relief package labeled by Republicans as a Democrat “wish list,” so it would likely not pass the GOP-controlled Senate without some concessions by the Democratic lawmakers.
The majority of one-time checks up to $1,200 have already been distributed to eligible taxpayers from the $2 trillion CARES package. As statewide shutdowns continue to ravage the economy, the White House has indicated it would support sending a second round of stimulus checks.
The Heroes Act would include that second payment from the Internal Revenue Service, in addition to other benefits.
Subscribe to our free weekly newsletter!
A week of political news in your in-box.
We find the news you need to know, so you don't have to.
Under the bill, individuals with an income below $75,000 would receive $1,200 and each dependent would qualify for an additional $1,200 — covering college students and children over the age of 16, unlike the CARES act which only provided $500 for children aged 16 and younger. The bill would also provide retroactive payments to children who were excluded from the first wave of checks, but now qualify.
https://youtube.com/shorts/YVrfbMZSVRE?feature=share US President-elect Donald Trump drew cheers as he arrived in Texas on Nov. 19 to watch…
After President-elect Donald Trump selected Tulsi Gabbard, a former Democratic congresswoman, as his nominee for…
President-elect Donald Trump's announcement that Robert F. Kennedy Jr. will be his pick for Department…
https://youtube.com/shorts/6CUvTmS87UM?feature=share President-elect Donald Trump arrived to cheers at an Ultimate Fighting Championship (UFC) event in…
President-elect Donald Trump's nomination of former Rep. Matt Gaetz (R-Florida) as his attorney general has sent shockwaves through…
https://youtube.com/shorts/TD8RNJl-NBk A fight broke out in one of the stands at the Stade de France…