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FINALLY LISTENED! Monthly Retroactive Stimulus ISSUED By Congress In HUGE Stimulus Check Bill!

This is your Second Stimulus Check update, stimulus package update, and stimulus check 2 update as of Wednesday, September 16th. 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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🗞Article: https://problemsolverscaucus-gottheimer.house.gov/sites/problemsolverscaucus.house.gov/files/wysiwyg_uploaded/PSC%20March%20to%20Common%20Ground%20COVID%20Framework%209.15.20.pdf

A bipartisan group of 50 House members known as the Problem Solvers Caucus unveiled a roughly $2 trillion coronavirus stimulus bill on Tuesday amid frustration with congressional and White House leaders for failing to deliver desperately needed aid to Americans. In the bill they explain how having seen no progress on a new COVID-19 relief package in four months, and in recognition of Americans’ increasing suffering, the Problem Solvers Caucus (PSC) has developed a comprehensive, bipartisan framework to meet the nation’s needs for the next 6-12 months, that can pass both chambers of Congress and be signed into law by the President. The framework was developed by a PSC working group that spent six weeks listening to constituents throughout the country, and was developed through robust debate, deliberation and conversation among caucus members and key stakeholders. It has already been approved for endorsement by over 75% of the PSC membership, consisting of 25 House Democrats and 25 House Republicans. The PSC is committed to demonstrating cooperative, bipartisan leadership at a time our country needs it most.

The proposal, titled “March to Common Ground" and led by Reps. Josh Gottheimer (D-N.J.) and Tom Reed (R-N.Y.), include…
$100 billion for COVID-19 testing and health care.
- $25 billion for testing and contact tracing
- $30 billion for healthcare provider support including but not limited to tele-health expansion
- $45 billion forgiveness of Medicare loans to providers (not to reduce Medicare Trust Fund)
- $316 billion in direct payments to individuals and families.
- $1,200 direct stimulus checks + $500 per child + dependent adults (retroactive)
- Rental assistance for the most needy and other rent stabilization programs, and/or eviction moratorium through Jan 2021
- Student loan forbearance through December 31, 2020
- $120B for Unemployment Assistance
- $450/week for 8-week transition period
- Followed by up to $600/week, and up to, but not to exceed 100% of previous wage
- 13 weeks from mid October, 2020 - through January, 2021
- $290 billion for small businesses and Non Profits
- $240 billion for PPP (2nd loan, flexible use, full transparency, simplified forgiveness, prioritize distressed businesses)
- $145 billion remaining from PPP in previous rounds to be re-appropriated
- $95 billion in new money ($11 b for CDFIs, $17 b for small/community banks, $17 b for mid-size banks, $50 b for EIDL)
- $50 billion for Targeted Employee Retention Tax Credit (ERTC)
- $145 billion for schools and child care.
- $15 billion for child care providers, flexible and immediate ($10 billion for provider relief and $5 billion for the Child Care Development Block Grants)
- $100 billion for K-12 schools for virtual, hybrid, and/or in-person learning
- $30 billion for higher education institutions
- $500 billion in state and local aid.
- $400 Million for election security.
- $52 billion to support broadband expansion, the agriculture industry, the U.S. Postal Service and the census.
- Additional language on liability protections.

#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 FINALLY LISTENED! Monthly Retroactive Stimulus ISSUED By Congress In HUGE Stimulus Check Bill! канала Michael Wrubel
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17 сентября 2020 г. 1:40:17
00:10:34
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