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Home / Tips and Tricks / Stimulus package updates: Why another bill is still possible and what may be in it

Stimulus package updates: Why another bill is still possible and what may be in it



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Calls could still be resumed for a second stimulus check – here’s the latest status update.

Sarah Tew / CNET

How close is Washington to a new economic relief holiday after weeks of negotiations that have been hot and cold on Capitol Hill? There is certainly hope, with Parliament Speaker Nancy Pelosi planning to hold the House of Representatives in session until lawmakers reach an agreement, and President Donald Trump on Wednesday urges Republican stops to accept a larger bill.

“Some Republicans do not agree, but I think I can convince them to agree,” Trump said. “I think it will happen. It is very important.”

Another potential impact on resume calls is a $ 2 trillion proposal released Tuesday from House Problem Solvers Caucus that draws ideas from previous stimulus proposals to create a framework for renewed negotiations. It includes one second round of stimulus checks, further unemployment benefits and small business support.

When and if a new coronavirus kit has been signed into law – either before or after November 3 election – here are all the financing parts that it can contain that can benefit the economy and you. And here it is six best things to know about stimulus controls. This story is updated frequently.

As much as $ 1,200 each in a second stimulus check

The fate of one the second incentive payment is currently bound by package negotiations, although it is also suggested that President Donald Trump could sign an executive measure to lead more aid to the economy, possibly including an additional direct payment.

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Improved unemployment benefits for millions of jobseekers

An interim measure for the federal government to fund $ 300 a week improved unemployment pay lasts only six weeks and ends already in some states.

An important dispute in the debate, the Democrats want a new bill to provide $ 600 per week in addition to the state benefit just as CARES Act did in March. Republicans want to reduce the figure to $ 300. The problem-solving proposal puts the figure at $ 450 for eight weeks, with an increase afterwards.

Money for schools to fight coronavirus on campus

Funding to pay for hygiene protocols, testing and other accommodation during the coronavirus pandemic are top priorities on both sides at a time to mitigate the spread of the virus among students and teachers.

When some schools opened until August, data from the American Academy of Pediatrics and the Children’s Hospital Association show an increase of 16% in cases among children, from August 20 to September 3.

$ 100 bills

Improved hygiene, testing and modification of the school costs time and money, two things that many facilities lack.

James Martin / CNET

Tax deductions for employees to help companies retain staff

There is already a program administered by the IRS that aims to give employers a tax break to keep employees on pay until the end of 2020. A new bill could extend or improve the program until 2021.

Wage protection programs to help small businesses

The purpose of helping you keep your job is to offer the paycheck program lucrative loans to small businesses as an incentive to keep employees on the payroll – people who might otherwise have lost their jobs during the pandemic.

Extended ban on deportation and potential rent support

The Centers for Disease Control and Prevention used an obscure health law to cancel expulsions until 13 December, as long as the tenants fill in the necessary paperwork.

Without exclusion protection, it is estimated that up to 40 million people over 17 million households could lose their homes if the economy does not recover before the last protection expires.

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With submission votes expected to rise this election year, the USPS will feel a greater burden with fewer resources.

Sarah Tew / CNET

Funding to assist the USPS in meeting the election period

Both Democrats and Republicans have advanced bills with an eye to fund a US Postal Service in crisis ahead of an election in which up to 80 million people are expected to do so vote by mail.

The The House of Representatives’ bill was approved but has not been picked up by the Senate. The Senate’s ‘lean’ bill did not clear the House.

Protection for companies from certain lawsuits against coronavirus

Liability protection is high on the agenda of Republican lawmakers. Introduced in Republican HEALS Act proposal, the measure would set a limit on lawsuits against employers, schools and caregivers in connection with coronavirus exposure, with the exception of gross negligence.

With the stimulus bill still uncertain, stay tuned for the most up-to-date news where the negotiations stand. You can also brush on the ins and outs of Trump’s deferral of payroll tax and learn how definition of dependence may change in a second stimulus control.


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