Economic Impact Payments

PRINTING MONEY FOR STIMULUS PROPOSALS

Printing money for stimulus proposals. When the economy was going down the toilet, due to the COVID pandemic, back in the spring, the government had to decide whether to put stimulus money into the economy to jump start the economy. Since the cost... Read More

NO STIMULUS MEANS STALLED TAX RECOVERY

No stimulus means stalled tax recovery. Prior to the CARES act, freelance workers, gig workers, those who were self employed, were all ineligible for unemployment benefits. After passage of the CARES act, those workers became eligible for the $600... Read More

STIMULUS FREEZE MEANS SLOWER RECOVERY

Stimulus freeze means slower recovery. The failure of Washington to deliver another big dose of stimulus before the election probably won't tip the economy back into recession, economists say, but the lapse in aid threatens to destroy more busines... Read More

WILL STIMULUS WAIT TWO MORE MONTHS

Will stimulus wait two more months. The latest conflict over America's next stimulus package doesn't just have to do with how much it cost or what it contains.  The conversation, just days before the election has turned into whether a package is n... Read More

AMOUNT OF SECOND STIMULUS CHECK

Amount of second stimulus check. For quite some time, most Americans assumed that Congress and the Administration were going to get together and that another stimulus check would be forthcoming. Unfortunately, its a political year, and everything ... Read More

CAN STIMULUS NEGOTIATIONS BE SAVED

Can stimulus negotiations be saved. While continuing to meet on the outlines of another economic stimulus bill, negotiators face continued turbulence in their attempt to reach an agreement before the Nov. 3 election. The White House delivered a $1... Read More

SOME STIMULUS RELIEF WON’T BE PAID UNTIL 2021

Some stimulus relief won't be paid until 2021. There are a multitude of individuals who did not receive a stimulus check from the CARES Act for various reasons. And for many, the news is bad. They will likely have to wait until 2021 to get their s... Read More

DIFFERENCES IN SECOND STIMULUS PLANS

Differences in second stimulus plans. The size of the already passed stimulus package is massive. The $2.4 trillion exceeds some of the world's largest economies, including the $21 trillion economy of Italy, the $1.9 trillion economy of Brazil, an... Read More

NEW STIMULUS MAY HAVE MORE THINGS

New stimulus may have more things. Whether or not Congress approves another round of stimulus checks with its next economic rescue bill--and it's certainly looking like lawmakers will send out new direct payments--the new coronavirus aid act may o... Read More

PAYROLL TAX CUT AXED IN STIMULUS BILL

Payroll tax cut axed in stimulus bill. Republicans crafting their own plan for a new U.S. virus bill broadly endorsed a fresh round of stimulus checks to individuals extended supplemental jobless benefits and more money for testing while voicing d... Read More