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Politics Democrats' new $2.2 trillion bill includes a second round of $1,200 stimulus checks

16:21  29 september  2020
16:21  29 september  2020 Source:   msn.com

Trump threw stimulus checks back into play and called for a large economic aid package — but Republicans still aren't backing more spending

  Trump threw stimulus checks back into play and called for a large economic aid package — but Republicans still aren't backing more spending Trump has tried prodding Republicans to back more stimulus spending, but his influence appears to be limited. Democrats are holding firm.But the Senate GOP hasn't been swayed so far — and they're doubling down on their reluctance to approve more federal spending after Democrats blocked a slimmed-down $300 billion package last week.

The bill calls for a second round of $ 1 , 200 stimulus checks , or up to ,000 per household, be sent to American families. Democrats in the House of Representatives unveiled their proposal for a new stimulus package that calls for a second round of $ 1 , 200 stimulus checks .

House Democrats have unveiled a new $ 2 . 2 trillion bill that includes a second round of $ 1 , 200 stimulus checks . Now, House Democrats have introduced a new , updated bill that reduces the total size of the aid they previously sought with the aim of appeasing Republicans.

  • House Democrats have unveiled a new $2.2 trillion bill that includes a second round of $1,200 stimulus checks.
  • In some ways, those payments will be more generous than the checks that were sent out in the spring because more people would be eligible.
  • While the House could pass the bill, it remains to be seen whether Senate Republicans or President Donald Trump would see it as a starting point for negotiations.
a man sitting on a table © Provided by CNBC

The big question over whether Congress will pass another coronavirus stimulus bill is, will they or won't they?

Democrats Crafting New $2.4 Trillion Stimulus Bill to Spur Talks

  Democrats Crafting New $2.4 Trillion Stimulus Bill to Spur Talks House Democrats have started drafting a stimulus proposal of roughly $2.4 trillion that they can take into possible negotiations with the White House and Senate Republicans, according to House Democratic officials. © Bloomberg U.S. House Speaker Nancy Pelosi, a Democrat from California, speaks during a news conference at the U.S. Capitol in Washington, D.C., U.S., on Thursday, Sept. 24, 2020. Pelosi expressed hope that there would be another round of stimulus talks, but gave no indication that Democrats would bend on their stance that the country needs $2.2 trillion in fresh aid.

As Congress weighs sending a second round of stimulus checks to taxpayers in the next For example, House Democrats passed the Heroes Act, which included a second stimulus check of $ 1 Second stimulus checks : your questions answered. Trump wants at least $ 2 trillion for next

The bill includes another round of $ 1 , 200 stimulus checks for eligible adults (those making less than ,000, with the payment phasing out as income increases). Families with children would be eligible for additional payments of $ 1 , 200 per child (again, subject to income requirements)

From jobs to savings to retirement plans, the coronavirus pandemic has upended many Americans' financial lives.

Millions of Americans, facing serious financial hardship, are hoping for more relief, including expanded federal unemployment benefits and a second round of $1,200 stimulus checks as the American economy continues to cope with challenges from the Covid-19 pandemic.

Now, House Democrats have introduced a new, updated bill that reduces the total size of the aid they previously sought with the aim of appeasing Republicans.

The proposal, still dubbed the HEROES Act, includes a second round of $1,200 stimulus checks.

This time, they are calling for more generous terms than the first checks that were dispersed in the spring, which would lead to more people qualifying for the money.

Pelosi believes coronavirus relief deal still possible as Democrats prepare new package

  Pelosi believes coronavirus relief deal still possible as Democrats prepare new package Stimulus negotiations between House Democrats and the Trump administration fell apart in early August, though Treasury Secretary Steven Mnuchin said he and Pelosi have agreed to restart talks. © Provided by CNBC House Speaker Nancy Pelosi speaks during a press conference on Capitol Hill on Sept. 10, 2020. House Speaker Nancy Pelosi on Sunday said another coronavirus stimulus plan is possible as House Democrats try to forge ahead on a smaller aid package costing about $2.4 trillion, roughly $1 trillion less than their initial proposal but more than what the Trump administration has signaled it will accept.

Democrats are pushing for another round of checks , but you’re not likely to see that money anytime soon. The trillion Heroes Act—a massive piece of economic rescue legislation proposed by House Democrats on Tuesday— includes a provision for another round of stimulus checks sent

What's in the $ 2 trillion coronavirus stimulus bill . The stimulus package also includes million for the National Endowment for the Arts, a federal program that Trump has tried to cut from his budget proposals for the past four years and that in a Republican-led Congress already has seen its budget

Like the first round of stimulus checks, House Democrats are proposing payments of up to $1,200 per individual or $2,400 per married couple who files jointly, plus $500 per eligible dependent.

Less Than 20 Percent of Americans Would Take a COVID Vaccine if Trump Said It Was Safe

  Less Than 20 Percent of Americans Would Take a COVID Vaccine if Trump Said It Was Safe Just 27 percent of Americans said they trust the president to provide them with accurate information about COVID-19.New polling by Axios-Ipsos, published Tuesday, showed that just 19 percent of Americans would be very or somewhat likely to take a vaccine for the coronavirus if Trump vouched for its safety. However, a majority of respondents (62 percent) said they would take the vaccine if their doctor said it was safe, while 56 percent said they would if the cost was entirely covered by their health insurance.

Everything you need to know about the next stimulus check , the new $ 2 trillion dollar stimulus bill , and 0 unemployment. White House trade adviser Peter Navarro said this has been brought up as Democrats and Republicans negotiate what Will There Be a Second Round of Stimulus Checks ?

A second set of stimulus checks could be on the table. House Democrats included a second set of $ 1 , 200 stimulus checks in the HEROES Act, only this time with It all comes as Republicans and Democrats seek to meet somewhere in the middle between the approximate trillion the proposed

Full-time students who are younger than 24 and adult dependents also would be eligible for those $500 payments. That marks a change from dependent pay in the first checks, which only went to children under age 17.

Another change Democrats are seeking would have money also go to those with Taxpayer Identification Numbers, not just Social Security numbers.

The payments would be exempt from being reduced or offset for past due child support, unlike the first checks. Democrats are also calling for the second checks to be protected from garnishment.

The measure also seeks to patch delivery issues that occurred  with the first checks.

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The new checks would also be based on 2018 or 2019 federal tax returns.

Federal beneficiaries — those who receive Social Security, Supplemental Security Income, Veterans or Railroad Retirement benefits — would stand to get their payments automatically even if they did not file 2018 or 2019 returns.

The Treasury Department would be required to reach out to people who do not typically file tax returns to let them know how they can submit their information in order receive the money.

What Trump's comments about ceasing stimulus-package negotiations mean for future $1,200 payments — in 1 minute or less .
Confused on all the news around the stimulus talks and Trump's tweets? Catch up on what it all means for the chances of another stimulus check here.Trump said that the Senate should instead focus on confirming his Supreme Court pick, Amy Coney Barrett.

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