If there is no second check on the next incentive account, you can still profit


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Many economic support programs will run until the end of the year without the help of Congress.

James Martin / CNET

The Senate and House of Representatives will officially meet again on Monday, and in 2020 they will start class on another handful of working days. The two main agenda items: avoid a government shutdown by December 11 and get the wheel moving again another coronavirus clearance account. If nothing happens, the final benefits of safety net go away.

In order to find more ways to get more support, more and more Democratic and Republican lawmakers are urging Congress to pass a smaller bill than a Democrat. have been supported since May. However, a scaled-down, short-term relief package could skip expectations second economic stimulus control. After the oath of office of President-elect Joe Biden on January 20, the administration could then request a larger, ex – post invoice, which could include a second payment.

“We need to do this now,” Sen Roy Blunt, a Republican from Missouri, told CNN on Sunday about the state of the Union. “We need to continue to fund the vaccine, to pass on the vaccine … It would be useful to have direct money for families in difficulty and to extend unemployment to some extent.”

But the the second stimulus check is worth up to $ 1,200 per person you may not be performing the cut. (And a payment can bring Less money as before.) Arguments against the second check suggest another direct payment it may not be necessary to COVID-19 vaccine this indicates a possible return to work and the type of expenditure that drives the economy. Very few people get the vaccine as soon as it is doneIn mid-2021, however, even more widespread distribution will take months.

After months of participating in the debate, what does it mean to have another stimulus check no is it coming? We’ve looked at the additional benefits a new incentive package can bring you without it $ 1,200 per educated adult. This story is regularly updated with new information.


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Next stimulus checks: What to expect


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A small bill can extend weekly federal unemployment checks

The CARES Act authorized in March an additional $ 600 per week in unemployment money of unemployed persons. When this program ran out in July, President Donald Trump signed an enforcement action that it extended payments by $ 300 per week plus until the end of the year, until December 31, or until each state ran out of money. With a total of 20 million unemployed workers claiming, the government reported this month that renewing federal unemployment benefits could help pay rents, food and other essentials directly to millions of people.

Small businesses can get help paying employees ’wages

The payroll program, which is also part of the CARES Act, is designed to help employ workers by providing small businesses with the credit they need for payroll assignments. This means that people working for small businesses are more likely to have to keep their jobs because their employer may receive extra money in accounting for employees.

Although recent studies show that the payroll program was not as effective as it could have been — many businesses used loans to accumulate non-payment expenses and savings, according to a University of Chicago study — both Republicans and Democrats called for renewal. it targets the small businesses most affected.

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Federal support for workers ’wages will run out as Democrats and Republicans continue to face stimuli.

Sarah Tew / CNET

Tenant protection may return to stop evictions

One in five tenants does not reach their rent at the time of the pandemic, according to a November 20 study of the U.S. Census, which could result in potentially catastrophic protection for U.S. households. Up to 19 million people could lose their homes if eviction protection is not renewed. More Americans may file for bankruptcy.

The CARES Act contained 120 days a moratorium on the eviction of tenants who were late with the rent. Trump renewed the moratorium until December 31st. With the December 11 deadline for approving the new federal budget, lawmakers need to act quickly to adopt a short-term fix before the new year.

Until then, here’s what we know about his condition negotiations on another economic rescue bill, we can maintaining an agreement and five benefits are eliminated unless Congress decides before the end of the year.