If there is no other incentive check in the next rescue bill, you can still benefit


Without the help of Congress, many economic aid programs will run till the end of the year.

James Martin / CNET

This week, Republican and Democratic negotiators are expected to roll up their sleeves once again Drink an incentive package. Already, negotiations have dragged on for six months, implied by deeply partisan divisions. No one has a sense of how successful they will be in the winds of 2020.

Pressure needs more help and dispel frustrations Another COVID-19 relief bill Still can’t, American leaders and health experts alike have turned to a growing “dark winter” of dangerous coronovirus cases as the nation’s barrels and faced impending economic hardship. The Center for Disease Control and Prevention has warned that the US could reach more than 320,000 deaths by mid-December.

In an effort to achieve something, a growing number of Democratic and Republican lawmakers are pushing for Congress to pass a smaller bill than Democrats. Supported since may, Which can expand some of the most important programs Ending at the end of the year. A scale-back, short-term support package may leave the popular Second economic stimulus check. Joe Biden is sworn in after the presidential election On 20 January, His administration could then find a larger, follow-up bill.

For months, Democratic leaders have rejected the idea of ​​a smaller, targeted bill – something House Speaker Nancy Pelosi has referred to as half-incomplete – but days before the end of meetings with the Senate and House of Representatives The year, a small bill may be the only route for the broker for a deal before the end of the year.

“We need to do that now,” said Republican Senator Roy Blunt of Missouri on CNN’s State of the Union Sunday. “We need to continue the delivery of funds, vaccines for the vaccine … direct funding to struggling families will be helpful and some expansion of unemployment.”

But a Second incentive check of up to $ 1,200 per person Can not cut. (And A payment can bring you atleast Money than before.) Those who argue against it suggest Another direct payment May not be necessary in light of Upcoming COVID-19 Vaccine This indicates a final return to work and the costs that drive the economy. However, Very few people will get the vaccine as soon as it is ready And in mid-2021, widespread distribution is still months away.

After months of useless debate, what does it mean if you check another incentive Is not Come? We’ve noticed other benefits a new incentive package can bring you, even without $ 1,200 per eligible adult. This story is regularly updated with new information.


Playing now:
Check it out:

Next Promotion Check: What to Expect


3:03

A slimmer bill may still boost weekly federal unemployment checks

Cars act Authorized in march An additional $ 600 per week In unemployment money for persons working outside. When that program ended in July, President Donald Trump signed an executive action Extended payments by the end of the week, $ 300 additional per week until December 31 or until the money runs out for each state. With the total number of unemployed claiming benefits up to 20 million, the government reported this month, renewal of federal unemployment assistance could directly help millions of people in paying rent, food and other essentials.

Small businesses can get money to pay labor wages

The Payroll Protection Program is also part of the CARES Act, which was designed to help workers hire by providing loanable loans to small businesses for the purpose of paying them. This means that people who work for small businesses should be more likely to keep their jobs because their employer can get extra money to help keep workers on the books.

However recent studies show that the payroll program was not as effective as it could have been – with many businesses using debt on nonprol expenses and building savings according to a University of Chicago study – Republicans and Democrats Both have pushed for renewal The program is targeted at the hardest hit small businesses.

006-cash-money-incentive-bill-red-blue-politics-ridden-election

Federal support for labor wages is set to run out as Democrats and Republicans continue to clash over stimulus.

Sara Tew / CNET

Renter protection can be renewed to prevent evictions.

One in five tenants are not caught in their rent during the epidemic. A US 20 US Census study found that preventing possible destruction in American homes. More than 19 million people could lose their homes if eviction is not renewed. More Americans could declare personal bankruptcy.

The CARES Act included 120-days Rent deferment Who were late renters. Trump renewed the postponement until December 31. With a deadline of 11 December to approve the new federal budget, lawmakers will have to act quickly to agree to a short-term fix before the new year.

Until then, here is what we know about the state Negotiations on another economic rescue bill, what might happen Make a pact And Five benefits are going away Until the Congress functions before the end of the year.

Leave a Reply