If a stimulus bill passes, these are the benefits Americans could get

If a stimulus bill passes, these are the benefits Americans could get

The federal government wants to pass another stimulus package to address the most pressing concerns facing the US as a result of the ongoing coronavirus pandemic. The question is, when? And will it be too late to help those in the greatest need?

By many accounts, negotiations over another stimulus package are a disaster. Senate Majority Leader Mitch McConnell’s intention to have a bill wrapped up by Aug. 7 is now the stuff of fantasy, as talks between Republicans and Democrats are barely inching along, stuck firmly on the overall price of the bill.

While there’s some optimism a bill could pass before the Nov. 3 election, others in Washington aren’t shy about airing their doubts. When and if a new coronavirus relief package is signed into law, here are all the ways it could benefit the economy — and you. We update this story often.

That second stimulus check

The fate of a second stimulus payment is currently tied up with package negotiations, though it’s also been suggested that President Donald Trump could sign an executive action to funnel more aid into the economy, potentially including another direct payment.

Learn more about:

  • Stimulus check qualifications
  • Calculate how much money you could get
  • Would you be first in line for another payment, or last?

Enhanced unemployment benefits for millions without jobs

A stop-gap measure for the federal government to fund $300 a week in enhanced unemployment pay only lasts six weeks and is already ending in some states. A major point of contention in the debate, Democrats want a new bill to provide $600 per week on top of states’ benefit just like the CARES Act did in March. Republicans want to slim the figure to $300.

Money for schools to fight the spread of COVID-19

Funding to pay for hygiene protocols, testing and other accommodations during the coronavirus pandemic are top priorities on both sides of the aisle to help mitigate the virus’ spread among students and faculty. As some schools opened through August, data from the American Academy of Pediatrics and the Children’s Hospital Association shows a 16% increases in cases among children, from Aug. 20 to Sept. 3…Read more>>