Schumer Says $2K Stimulus Checks Will Be Top Priority For New Congress
Update (1255ET): Schumer said on Wednesday that one of his first priorities would be to push through the $2K stimulus checks that both Nancy Pelosi and President Trump have said they would support (before the measure was scuttled by Mitch McConnell). passing legislation to provide $2K stimulus checks will be one of the first orders…
$600 Stimulus Checks Won’t Pull America Out Of This Mess
By Michael Snyder Well, it looks like we are going to get $600 stimulus payments from the federal government after all. Oh goody! For the millions of Americans who are on the brink of being evicted from their homes, that will be enough for about half a mortgage payment or about half a month of…
Futures Hit New Record High After House Approves $2,000 Stimulus Checks
US index futures and global stocks rose for a fourth straight day, hitting new all time highs on Tuesday after the Democrat-controlled House sided with Trump and passed a bill boosting stimulus payments for most Americans from $600 to $2,000 (which will almost certainly die in the Republican-controlled senate). The dollar dropped while oil and…
Trump Signs COVID-19 Relief Bill With $600 Checks, Asks Congress To Approve Increase Later
By Tyler Durden President Trump on Sunday signed a $900 billion pandemic relief package which will include $600 direct checks checks, abandoning his immediate demand that Congress go back to the drawing board and provide $2,000 checks, and instead encouraged them to vote on a separate bill to “increase payments to individuals from $600 to…
Stimulus: Billions of Dollars Handed to Foreign Countries While Americans Stiffed With $600 Checks
By PFW News Billions of dollars will be given away to foreign countries as part of the coronavirus-stimulus bill expected to be voted on Monday, begging the question: is it even a “stimulus” bill at all? After the full 5593 page bill was released for the public’s viewing, many curious citizens and journalists decided to…
IRS Sent $1,200 Stimulus Checks to Random European Citizens, New Reporting Shows
By Brad Polumbo Congress is debating another round of COVID-19 stimulus legislation right now. But as the details continue to be hashed out, new evidence keeps mounting that shows just how wasteful and inefficient the first stimulus bill was. The $2 trillion+ CARES Act, passed in March, sent $1,200 “stimulus” checks to many Americans in…