Is There More Stimulus Money On The Way?
That $1,200 we got is just the beginning if these ideas pass.
In addition to the money that came courtesy of the CARES Act, these other ideas could bring us thousands more. One may even bring monthly payments for an entire year once the COVID 19 crisis has passed. (I'm serious, learn more here.)
According to Forbes, there are actually 3 proposals being considered. They are:
- The Emergency Money for the People Act would provide a $2,000 monthly stimulus check for up to one year.
- The Rent and Mortgage Cancellation Act would cancel rent and mortgage payments for up to one year.
- The Getting America Back to Work Act would provide a payroll tax rebate that covers 80 percent of payroll expenses, enabling businesses to more easily hire and retain employees. - Forbes
I was skeptical when I heard about the first stimulus package, (Of course, being that I get all my news from Facebook, I'm skeptical of everything.), but the money really did show up. Therefore, I'll have my fingers crossed that one, two, or all three of these really do come through.
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