Stimulus Round 2 Talks

Going from 600 to a 1 400 or 2 000 check is a huge leap any way you look at it and we wanted to highlight just what a.
Stimulus round 2 talks. The overall price tag for the next round of relief has. This is our happy new year s special introduction january 1st um and we re talking today everything stimulus stimulus checks and unemployment in round two of the government s uh corona virus stimulus package um so this is just gonna be a quick video. We re on part two of the stimulus package the second round of stimulus package this time we re focusing on small businesses.
Without detracting from congress s failure to support the millions of people who need help it is worth pausing to acknowledge one unexpected victory in the bill. The first round of stimulus checks provided up to 1 200 for single taxpayers and up to 2 400 for married couples as well as 500 for most children. Stimulus talks are moving forward after president donald trump approved a revised bill according to a white house economic adviser.
People keep asking about a stimulus check second round and is there a second. But politicians realize that folks need more money to help them cope with unemployment mounting debt housing payments and groceries. Will there be a second stimulus check is a question that many people are asking.
You tuned in to tr tax talks right here. The cash benefits that stimulus check 2 contains are still unclear. It contains no prohibition on stimulus payments for.
Compare the upper limit you could receive. The hill reported that pelosi and democrats are working on a new coronavirus relief bill that would cost about 2 2 trillion which represents a reduction of 1 2 trillion from the democrats. During the latest round of talks in mid august pelosi indicated that she would be willing to cut the package down to 2 2 trillion while the white house said its top line was 1 2 trillion.
I am tony martin in for tr tax your neighborhood tax return specialist again. Our tax talks series on the uh stimulus round two package just signed in the law by the president on december 27th 2020.