The standoff for increased coronavirus aid finally ended on Sunday as President Trump receded signing the bipartisan approved relief bill he initially refuted because it short changed Americans while prioritizing foreign countries and “lobbyist.” The $900 billion endorsed bill is set to send $600 checks to eligible Americans however the suggested $2000 payments by the President will still go before the House for a vote on Monday. In the meantime the current recovery bill includes an increased child benefit from the previous $500 to $600 per child and extended unemployment stipends. The first people to receive the funds will likely be those who are already in the IRS payment system.
The Treasury Secretary Steven Mnuchin attempted to ease anxious Americans on Monday asserting “This is a very, very fast way of getting money into the economy. Let me emphasize: People are going to see this money at the beginning of next week. Despite Nancy Pelosi’s previous rejection of the $1.8T aid offered late fall by the GOP, the speaker of the House spoke in support of the pending $2,000 checks expressing “To vote against this bill is to deny the financial hardship that families face and to deny them the relief they need.”
BY: BEWITTY Staff
Published by