WHO QUALIFIES FOR SECOND STIMULUS CHECK

Who qualifies for second stimulus check. Congress is expected to work on another coronavirus relief bill, and continue hammering out the disputes that have kept a compromise together. This includes a second stimulus check, the who will get one and when will it arrive has everyone’s attention right now. Earlier Treasury Secretary Steven Mnuchin had said “As soon as the Senate gets back from its current break, we are going to sit down on a bipartisan basis with the Republicans and the Democrats,” “It will be our priority to make sure between the 20th and the end of  the month that we pass the next stimulus legislation.” But reaching a consensus over who should qualify for a second stimulus check and who shouldn’t forms the heart of a debate that’s expected to grow heated when the Senate reconvenes from its recess. Who qualifies for second stimulus check.

“I think the people who have been hit the hardest are people who make about $40,000 a year or less,” said Senate Majority Leader Mitch McConnell when asked about a second stimulus check. “Many of them work in the hospitality industry. So that could well be a part of it. house Speaker Nancy Pelosi said the $40,000 cut off may be too low. “I don’t know where the $40,000 came from,” she said during a press conference. “I think families making over $40,000 probably need assistance, depending on their situation.” In San Francisco, for example, the US Office of Housing and Urban Development defined, “very low income limits” at $60,000 for a single earner and $87,000 for a family of four, based on 50% of the metro’s median income in 2020.

Here’s everything we’ve heard so far about who may or may not be eligible for an extra economic stimulus payment. The situation and this story update often. We won’t know until another rescue bill is made official, but we can piece together some possibilities. The HEROES Act passed by the House of Representatives in May proposed broad financial benefits to individuals, families and categories that were skipped by first stimulus check, including most college students and people who aren’t U.S. citizens. Hopefully that money will prevent some individuals from needing Tax Resolution Services.