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January 17, 2021

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Biden defends why stimulus checks should go to employed Americans

CNBC
CNBC – For more and to sign up click here US President-elect Joe Biden delivers remarks on the public health and economic crises at The Queen theater in Wilmington, Delaware on January 14, 2021. Jim Watson | AFP | Getty Images President-elect Joe Biden made a case for sending stimulus......

Biden wants to increase stimulus checks to $2,000. Here’s what we know about those payments

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CNBC – For more and to sign up click here U.S. President-elect Joe Biden at a drive-in rally in Atlanta on Jan. 4, 2021. Jonathan Ernst | Reuters The push for $2,000 stimulus checks just got stronger. President-elect Joe Biden unveiled his stimulus plan in a speech on Thursday night......

$1,400 checks, enhanced unemployment: Here’s what’s included in Biden’s stimulus plan

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CNBC – For more and to sign up click here When President-elect Joe Biden takes office next week, he plans to ramp up federal spending on several fronts, including financial aid for struggling families, as well as vaccine production and distribution, according to the emergency coronavirus relief plan, called the......

Opponents to $2,000 stimulus checks say they are not targeted. How that could be fixed

CNBC
CNBC – For more and to sign up click here Hundreds of jobless people wait outside the Kentucky Career Center for help with their unemployment claims on June 19 in Frankfort, Kentucky. John Sommers II/Getty Images As President-elect Joe Biden prepares to take office on Jan. 20, one of his......

Latest unemployment boost is ‘too little, too late,’ workers say: ‘They forgot about us a long time ago’

CNBC
CNBC – For more and to sign up click here Workers in several states are beginning to see the latest enhanced unemployment benefits hit their bank accounts this week, following the long awaited Covid stimulus package that was finally signed into law Dec. 27, 2020. But for millions of Americans,......

How the $600 stimulus checks could affect your tax refund this year

CNBC
CNBC – For more and to sign up click here Fertnig | E+ | Getty Images If you don’t receive your second stimulus check in your bank account or the mail, the good news is you can claim the money when you file your tax return this spring. But beware:......

Kevin O’Leary criticizes stimulus: Unemployed Americans should get ‘$2,000 per month’ for 12 months

CNBC
CNBC – For more and to sign up click here After months of uncertainty, the $900 billion coronavirus relief package will provide a much-needed lifeline for jobless Americans – it includes a $300 boost to weekly unemployment benefits for 11 weeks, and for those with both wage and self-employment income,......

Trump signs off on $600 stimulus checks. But a vote on $2,000 direct payments is still happening

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CNBC – For more and to sign up click here After holding up the $900 billion coronavirus relief bill for nearly a week, President Donald Trump has just signed off on the stimulus package, which includes $600 checks. The president had previously called the bill an unsuitable “disgrace” and demanded......

$2,000 stimulus checks blocked by House Republicans. Here’s how much you’re likely to get instead

CNBC
CNBC – For more and to sign up click here There won’t be $2,000 stimulus checks coming for the holidays. House Republicans blocked an attempt by Democrats on Thursday to pass a standalone bill to raise direct payments to Americans to $2,000 from $600. The push to amend the $900......

$2,000 or $600 stimulus checks? How far each would go toward paying the rent

CNBC Real Estate
Handmade signs litter the ground after an anti-eviction protest outside a Mount Rainier, Maryland, apartment complex on Aug. 10, 2020. Leah Millis | Reuters Second stimulus checks are in the works for millions of Americans. Now, Congress and President Donald Trump must agree: Should those payments be $600 or $2,000......

Most savers resist temptation to raid their 401(k) plans amid Covid hardships

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CNBC – For more and to sign up click here People taking advantage of temporary CARES Act rules that allowed for easier loans and distributions from 401(k) retirement plans increased slightly through November, a month before the Dec. 30 cutoff. As many as 1.4 million people have taken a CARES......

Trump demands Congress increase second stimulus check from $600 to $2,000. Here are the chances of that happening

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CNBC – For more and to sign up click here President Donald Trump is demanding lawmakers raise the second round of stimulus checks to $2,000 per person, from $600. “I am asking Congress to amend this bill and increase the ridiculously low $600 to $2,000, or $4,000 for a couple,”......

New coronavirus relief bill includes $600 stimulus checks, $300 in enhanced unemployment benefits

CNBC
CNBC – For more and to sign up click here Congress is set to pass one of the largest stimulus packages in the nation’s history, which will send much-needed aid to struggling families and small businesses across the country as the nation continues to grapple with the economic fallout of......

Congress agrees to a Covid stimulus deal. Here’s who’s likely eligible for a $600 check and when you’ll get it

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CNBC – For more and to sign up click here After months of failed negotiations, lawmakers have finally agreed to a new $900 billion coronavirus relief package.  Congressional leaders have not yet released text of the more than $2 trillion legislation — which will include broader government spending measures —......

In college? You could be eligible for $1,800 in stimulus check payments

CNBC
CNBC – For more and to sign up click here Congress has reached a deal on a $900 billion coronavirus relief package, which was set to include a second round of stimulus checks. This could mean a pretty big pay day for the country’s students. Payments of up to $600......

Still no $1,200 stimulus check? Here’s how to claim your Covid relief cash

CNBC
CNBC – For more and to sign up click here Lawmakers in Washington are hours away from voting on a second round of stimulus checks, but millions of people who were eligible for the first stimulus payment still may not have received it.  For those who are waiting for all......

$600 second stimulus checks could be coming. Here’s who’s first in line to get them

CNBC
CNBC – For more and to sign up click here Congress is in eleventh hour talks to green light a second round of stimulus checks for U.S. households. If they do, cash payments could reach many Americans within weeks. Yes, hopes for fresh pandemic aid have been dashed before, but this time really......

Senators spar over whether second $1,200 stimulus checks are necessary

CNBC
CNBC – For more and to sign up click here Sarah Silbiger | Bloomberg | Getty Images Millions of Americans are poised to receive second stimulus checks. Yet a fight is taking place on Capitol Hill over how much money will be included in any payments. The latest proposals include......

Second stimulus checks may be on the way. Here’s what advisors say you should do with the money

CNBC
CNBC – For more and to sign up click here sturti | E+ | Getty Images A new stimulus check is in the works for millions of Americans. If you’re eligible for a payment, it may feel either like a life raft or a sudden windfall, depending on how Covid-19......

Second $1,200 stimulus checks are not in the new $908 billion relief proposal. Some are calling for that to change

CNBC
CNBC – For more and to sign up click here Capitol Hill lawmakers are wrestling with a big question that’s plagued them for months: How to put together another coronavirus relief package that will garner enough support from both parties. On Monday, a new $908 billion bipartisan proposal aims to......

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