Posted on 06/11/2020 9:59:07 AM PDT by where's_the_Outrage?
By now, most Americans have received the federal stimulus checks directed by the CARES Act in March to help consumers weather the economic downturn caused by the coronavirus pandemic. Three months later, the downturn has been declared an official recession and the official unemployment rate has soared into double digits, heightening calls for a second round of stimulus checks.
There's good news and bad news on the prospects for additional government assistance. The proposed $3 trillion Health and Economic Recovery Omnibus Emergency Solutions, or HEROES, Act would authorize another round of stimulus payments for most U.S. households. While the bill was passed by the Democrat-controlled House last month, it still must get through the Republican-controlled Senate.
Yet there are signs the White House may get behind additional stimulus funding, with the Wall Street Journal reporting that the administration is working on its own plan. During a press conference last week to discuss unemployment, President Donald Trump said his administration will be "asking for additional stimulus money," while his economic adviser Kevin Hassett told the Journal this week that the odds of another stimulus package "are very, very high."
(Excerpt) Read more at msn.com ...
Better call Saul. .....
So does Antifaville have a post office or mailboxes outside their tents?
The HEROES Act offers a larger stimulus payment than the Coronavirus Aid, Relief and Economic Security Act. Under the new legislation each member of a household would receive $1,200, including children. The income thresholds would remain the same, meaning that single taxpayers earning less than $75,000 and married taxpayers earning a total of $150,000 would receive the full payments. For instance, a family of four whose parents earn less than $150,000 would receive $4,800.HEROES would cap total payments at $6,000 per family.
So the same $1200 per adult, $1200 per child instead of $500, and a cap for large families. Same income limits as before.
The next God forbid democrat president will make that a reality.
My attitude—this is _my_ reparations check for all the anti-white discrimination in education and employment I have faced throughout my life.
Keep ‘em coming, DC....
I want my free money for this simple reason: We’re all gonna have to pay it back. So If I’m going to have to pay back a loan, it softens the blow if I actually GET the money I’m paying back.
~~~
That’s how I feel.
Although, the way our politicians kick debt down the road, I think it will be your children who pay it back.
With as much crap that’s happening now that seems so imminent and portending of darker futures, I still believe that nothing doomed our future than the mid-90s contract with america folks not getting their balanced budget amendment through.
We laugh about such silliness but we end up with China style point system here.
Has there been an honest accounting of the stimulus. I know that a bunch of big organization went straight to the front of the line for huge handouts. And progressive campaign chests were filled.
Titanic, of course. The band played it while the ship went down.
Funny, I bought a Mini-14 and 1,000 rounds with my first one.
I figured getting the first would result in me needing the second.
After a few weeks of being told “no information,” I finally got a message that my check was sent out May 1st. (2 weeks prior). I am still waiting for the check...
Mine had said that til the other day. Supposedly, it will be sent out tomorrow. I am fairly certain I know why mine was delayed. I thought it would be longer. lol
The wife and I are still looking for ours, too.
Tax cut time.
kcuF that.
They get the gold mine, I get the shaft.....
I don’t qualify for a “so called stimulus check” and don’t want one anyway...
Stupid...
NO! Get people working again! Obviously, stupid democrats think that the government can manufacture money. They didn’t learn anything from Venezuela.
The goal should be to have as many people as possible working as productively as possible. (That’s not a democrat party goal.)
Was finally told was eligible on April 24 and signed up for direct deposit immediately. I was supposed to get a scheduled date ( even if it was wrong )on May 2. Still nothing on that. All I’ve had since I signed up is this;
“Payment Status
You are eligible for the payment. Once we have your payment date, we will update this page.
We will deposit your payment to the bank account below.
Bank Account Number: ****************”
The HEROES Act offers a larger stimulus payment than the Coronavirus Aid, Relief and Economic Security Act. Under the new legislation each member of a household would receive $1,200, including children. The income thresholds would remain the same, meaning that single taxpayers earning less than $75,000 and married taxpayers earning a total of $150,000 would receive the full payments. For instance, a family of four whose parents earn less than $150,000 would receive $4,800.
HEROES would cap total payments at $6,000 per family. Under CARES, a family of four whose parents earn less than a combined $150,000 received $3,400, since that law directed $500 for each child under the age of 17. To see how much you would receive under the HEROES Act, you can check this stimulus calculator from OmniCalculator.
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