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1, Jan 2020 02:12 AM
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3, Mar 2020 07:48 PM

The latest on the Covid-19 stimulus bill

(CNN) - Millions of Americans will start running out of pandemic unemployment benefits in just two weeks, putting increased pressure on the Senate to quickly pass its version of President Joe Biden's $1.9 trillion coronavirus relief package. 

Posted  262 Views updated 7 months ago
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 The Covid 19 virus has had a life changing effect on society as we know it. Most of the country is under a stay at home order, which is being used as a strategy to slow down the infection rate on an unprepared administration.  Hospitals nationwide are voicing their concern on a shortage of supplies and hospitals being overcrowded. The United States House of representatives passed its package this Saturday The package includes $1,400 direct checks to Americans making less than $75,000 along with an extension of federal unemployment benefits. The bill would have to get approved in a republican controlled Senate. If passed, the bill will have to go back to the House for another round of votes before our current President Joe Biden, signs it into law.(CNN) - Millions of Americans will start running out of pandemic unemployment benefits in just two weeks, putting increased pressure on the Senate to quickly pass its version of President Joe Biden's $1.9 trillion coronavirus relief package.

  1. In accordance with the bill set to pass or get readjusted in the Senate, what is the dollar amount being requested for families making less than 200,000 per year?
  2. Due to a quicker phase out in payments in comparison to previous rounds, not everyone who was eligible for the $300 kicker will be eliglble. For those who are, what will be the new dollar amount.
  3. What will be the total dollar amount for those eligible for the per person amount plus the $300 kicker replacement relief.
  4. What tax year income will be used to calculate those payments.


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