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YES!! Second Stimulus Check Update [10/22] Thursday 2nd Stimulus Check (Stimulus Package)

This is your Second Stimulus Check update, stimulus package update, and stimulus check 2 update as of Thursday, October 22nd for the new stimulus bill. This video covers the second stimulus package, the stimulus update, and the new stimulus package. ✅ Join The Power Of Finance Investor Group: https://bit.ly/3aNRzAn

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While Democrats and the White House are close to reaching a second stimulus deal, House Speaker Nancy Pelosi said Thursday that it could take a lot longer to write and vote on a bill. The California Democrat planning to speak to Treasury Secretary Steven Mnuchin today Thursday as they try to craft an aid agreement. While the speaker said the sides are “just about there” on reaching a deal, she cautioned that passing it into law will take time as she and the Trump administration try to iron out remaining issues. She goes on to explain that “ff we can resolve some of these things in the next few days, it’ll take a while to write the bill.” The House speaker said the sides still have not come to a consensus on several topics that have divided negotiators during months of on-again, off-again talks. These issues include aid to state and local governments, liability protections for businesses, and funding for the U.S. Census and election systems. Ultimately Pelosi said that the failure to reach an accord by now has made it all but impossible for lawmakers to inject money into the fight against Covid-19 or boost a sluggish economy before the Nov. 3 election. But said she that shebelieves “both sides want to reach an agreement” during what she called a “serious attempt” to provide aid. Pelosi said that “we can do something great, and she is still optimistic that we can do that,”

Sen. Marco Rubio told CNBC on Thursday he would be willing to support a more expensive coronavirus stimulus package than he’d like because failing to provide financial relief to Americans and U.S. businesses presents larger risks to the U.S. economy. Rubio said on Squawk box this morning that “mo one is going to get everything they want here, and from my perspective, that means the bill on this is probably going to be higher than I want it to be and I’m very uncomfortable with that.” However, he goes on to say that “I think the price of not doing something is even higher.” So ultimately he said that “as long as it’s limited in some way, as long as it’s not crazy, yes I’m willing to be flexible about it because I think it’s that important”. Rubio explained that While he said he would not be “happy” about a 1.8T to 2.T price tag either, “he is willing to vote for things I’m not in favor of in order to pass the this bill”

Finally Rubio warned of what would happen if we dont have a second stimulus package pass soon. In an interview this morning Rubio expressed concerns about small businesses that are struggling to keep their doors open and Americans who are facing challenges around housing. He warned that “we haven’t seen the worst yet from some cities and counties” as they face budget gaps from declining tax revenues. Ultimately he said “in the end, I think we run the risk here of structural damage to components of our economy if we don’t do something.” He said that “I have more optimism that we’re going to have a deal on stimulus. I don’t know if it will be before the election just simply because of the calendar and some of the time constraints we face.”
#StimulusCheck #StimulusUpdate #StimulusPackage
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⚠️⚠️⚠️⚠️DISCLAIMER⚠️⚠️⚠️⚠️
I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Michael Wrubel MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Michael Wrubel's videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Michael Wrubel. Any use of other media is by fair-use or license only.

Видео YES!! Second Stimulus Check Update [10/22] Thursday 2nd Stimulus Check (Stimulus Package) канала Michael Wrubel
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23 октября 2020 г. 1:01:06
00:05:31
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