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Old 04-28-2020, 01:17 PM
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
7,079 posts, read 3,034,159 times
Reputation: 5145

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We haven't received out 1st Stimulus money yet. Our SS is direct deposit. State residence has changed but SS receiving bank has remained the same.
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Old 04-28-2020, 04:04 PM
 
11,434 posts, read 16,091,019 times
Reputation: 5706
As for whether there could be a “phase four” economic stimulus that includes a second round of payments, it’s possible, but not certain. Democratic leaders in the House of Representatives have signaled openness not only to another round of checks, but to a system of recurring monthly payments, and there is definitely some support for the idea within their caucus.

The goal is for Congress to complete another stimulus package ― dubbed “CARES 2” ― by May 4. Sixty-two members of Congress also recently signed a letter arguing in favor of recurring monthly payments. President Donald Trump has not ruled it out.

So, what could a potential second stimulus check program look like?

Earlier this month, Reps. Ro Khanna (D-Calif.) and Tim Ryan (D-Ohio) proposed the Emergency Money for the People Act, or EMPA, a bill that would provide a new round of stimulus payments of $2,000 per month to U.S. citizens and residents over the age of 16 who earn $130,000 or less. After the first six months, the program could be renewed for an additional six months unless the employment-to-population ratio reaches a pre-COVID19 level of 60%.

Senate Democrats have also proposed a “heroes fund,” which would provide a $25,000 pay increase to essential workers through the rest of the year, as well as a $15,000 essential worker recruitment incentive.

While EMPA has yet to gain much traction in Congress, there is a growing recognition that payments in addition to those provided under the CARES Act are going to be necessary, Sury said.

https://www.huffpost.com/entry/secon...b608582577a02f
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Old 04-28-2020, 06:45 PM
 
24,084 posts, read 16,644,715 times
Reputation: 17452
Quote:
Originally Posted by howard555 View Post
As for whether there could be a “phase four” economic stimulus that includes a second round of payments, it’s possible, but not certain. Democratic leaders in the House of Representatives have signaled openness not only to another round of checks, but to a system of recurring monthly payments, and there is definitely some support for the idea within their caucus.

The goal is for Congress to complete another stimulus package ― dubbed “CARES 2” ― by May 4. Sixty-two members of Congress also recently signed a letter arguing in favor of recurring monthly payments. President Donald Trump has not ruled it out.

So, what could a potential second stimulus check program look like?

Earlier this month, Reps. Ro Khanna (D-Calif.) and Tim Ryan (D-Ohio) proposed the Emergency Money for the People Act, or EMPA, a bill that would provide a new round of stimulus payments of $2,000 per month to U.S. citizens and residents over the age of 16 who earn $130,000 or less. After the first six months, the program could be renewed for an additional six months unless the employment-to-population ratio reaches a pre-COVID19 level of 60%.

Senate Democrats have also proposed a “heroes fund,” which would provide a $25,000 pay increase to essential workers through the rest of the year, as well as a $15,000 essential worker recruitment incentive.

While EMPA has yet to gain much traction in Congress, there is a growing recognition that payments in addition to those provided under the CARES Act are going to be necessary, Sury said.

https://www.huffpost.com/entry/secon...b608582577a02f
Where is all this money going to come from?
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Old 04-28-2020, 10:32 PM
 
Location: Riverside Ca
21,708 posts, read 24,137,821 times
Reputation: 34040
Quote:
Originally Posted by BugsyPal View Post
Where is all this money going to come from?
Hey hey hey. It doesn’t matter ok. All that matters is we vote for it and then read and see what’s in it.

I was talking to a buddy. He said he doesn’t care as long as he gets free money. I told him this would be like him writing in his checkbook a deposit of 100,000 dollars without actually having it. Now go write checks on that deposit. I guess as long as you have the printer that makes the money you can just keep hitting that print button.


This country is gonna be in debt forever.
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Old 05-01-2020, 01:43 AM
 
24,084 posts, read 16,644,715 times
Reputation: 17452
Things are going to get interesting...

DT wants so badly to be re-elected he will so anything, even if it means going against majority of GOP.

Satan Incarnate (Mitch McConnell) and other republicans want to hit pause button before doing any more big stimulus bills.

Meanwhile both democrats and republicans are leery of doing more that can be used as a club during next several months before elections.

https://www.forbes.com/sites/shaharz...timulus-check/

https://www.ajc.com/news/breaking-wh...gHk6z7mibdK7O/

https://www.vox.com/policy-and-polit...us-coronavirus
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Old 05-01-2020, 04:23 AM
 
Location: Durham NC
1,969 posts, read 1,645,558 times
Reputation: 1374
The populous might get thrown another bone in a few months but monthly g notes well don't hold your breath.
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Old 05-01-2020, 05:36 AM
 
24,084 posts, read 16,644,715 times
Reputation: 17452
Quote:
Originally Posted by lancers View Post
The populous might get thrown another bone in a few months but monthly g notes well don't hold your breath.
Oh I don't know; DT's polling numbers in certain swing states aren't looking good. It was a miracle he won the first time around. Now people know the looks of him and his policies; so he is in same boat as the career politicians he skewered in 2016.

If unemployment creeps up for many flyover/swing/largely GOP states something is going to have to be done or elections will be a blood bath.
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Old 05-01-2020, 06:54 AM
 
Location: Boston
13,559 posts, read 3,990,825 times
Reputation: 9926
don't spend it all in one place kids..there won't be anymore, you'll be back at work by summer's end.
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Old 05-05-2020, 08:09 AM
 
Location: between three Great Lakes.
2,013 posts, read 2,225,268 times
Reputation: 7058
There had damn well better be a second round of stimulus checks. We're doing our part by staying home, and when we have to go out, wearing masks and maintaining a good six feet from other people.
Shell out accordingly!
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Old 05-05-2020, 08:11 AM
 
3,066 posts, read 901,784 times
Reputation: 4280
Quote:
Originally Posted by Zenstyle View Post
There had damn well better be a second round of stimulus checks. We're doing our part by staying home, and when we have to go out, wearing masks and maintaining a good six feet from other people.
Shell out accordingly!

Sad state of affairs in our country where freedom and liberty can be bought with $1200 of helicopter money. Outrageous slippery slope moving forward.........
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