27 March, 2020 06:58

Here Comes The Stimulus!

Help’s on the way! How much? When?

America’s 2 trillion-dollar stimulus package cleared the Senate Wednesday with expectations of House passage Friday, then prompt signature by President Trump. Millions of households will receive direct payments of $1200 plus an added $500 per child benefit, with benefits phased out at higher income levels. Enhanced jobless aid now includes payments to freelancers and gig workers. A loan program will channel aid to small businesses. Time frame? Realistically, expect 4 to 6 weeks for delivery to your mailbox.

Details? Check out https://www.cnn.com/2020/03/25/politics/stimulus-senate-action-coronavirus/index.html

How about the federal debt? https://www.brookings.edu/blog/up-front/2020/03/25/where-is-the-u-s-government-getting-all-the-money-its-spending-in-the-coronavirus-crisis/?utm_campaign=Brookings%20Brief&utm_source=hs_email&utm_medium=email&utm_content=85272327

Calculator https://www.washingtonpost.com/graphics/business/coronavirus-stimulus-check-calculator/?hpid=hp_hp-bignews3_calculator-130am%3Ahomepage%2Fstory-ans&itid=hp_hp-bignews3_calculator-130am%3Ahomepage%2Fstory-ans