New Update (Late Tuesday): New Stimulus Check Plan [9-15]

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Stimulus Update 9-15. ⚠️Youtube Course & Investing Programs ???? Use Coupon ????LABORDAY???? ????Life Insurance ????Free $20 (deposit $100) INVEST w/ Kevin:

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Update on the next rounds of the stimulus check & stimulus package negotiation including Donald Trump's new executive orders & memoranda. The state of stimulus continues to evolve with new information from Treasury Secretary Steve Mnuchin, Nancy Pelosi, Chuck Schumer, Mark Meadows, & the Trump Administration. Here is your update for September 15, 2020. While negotiations have failed amongst leaders, a new negotiating party is gaining steam: Watch the Problem Solver's Caucus - they might end up creating a compromise bill & bringing Trump a new bill. This is a group of 25 Democrats & 25 Republicans & supporting is growing around this Problem Solver's Caucus.

This is an update on the next stimulus check, which would be the second stimulus check - hopefully we will see the second $1,200 stimulus check soon & these videos provide updates on the next stimulus checks, the Paycheck Protection Program (PPP), EIDL loans & grants, the USPS & election issues, Nancy Pelosi updates, Mitch McConnell Updates, updates from Treasury Secretary Mnuchin & Mark Meadows along with Donald Trump - all related to the future of stimulus checks & the next stimulus plan. Remember that current negotiations as of September 15 have both Democrats & Republicans in agreement on $1,200 stimulus checks & $500 to dependents. Democrats & republicans also agree on additional PPP stimulus money & stimulus money for schools with some funding for state & local governments. However, negotiations are in a stalemate over how much unemployment PUA stimulus money to provide & how much money to provide to state & local governments in stimulus.

If you need Food Aide (food stimulus) for children 18 and under, the Summer Food Service Program has been extended through Dec 31:
Text: "Summer Meals" to 97779
Call: 1-866-348-6479

We currently have two paths forward: Trump signing more executive action or a compromise bill in the House. The Problem Solver's Caucus JUST released their new stimulus proposal which includes provisions for boosting unemployment through early next year AND a second round of stimulus checks in March! That would be one round on October and one in March. We're not expecting $1,200 stimulus checks in October AND another round in March depending on how covid progresses. Conditional stimulus checks. There is also mention of retroactive stimulus checks of up for adult dependents. The new stimulus bill is expected to cost around $ trillion that may go up by about $400 billion or down by about $200 billion depending on how the pandemic evolves. This compromise bill by the Problem Solver's Caucus includes $1,200 stimulus checks and $500 for children and retroactive $500 for adult dependents. More money for WIC food programs, SNAP programs, and rental assistance around $25 billion. $50 for employee retention credits. $145 billion for schools. Boosts for state and local government aid. Worker liability protections with OSHA protections. Automatic stimulus checks in March 2021.

The NEW Compromise bill includes unemployment that would begin around the middle of October. 8 weeks at $450 per week and then 5 weeks at $600 per week with a max of 100% of income. Double stimulus checks & more.

00:00 The Fed
02:34 Stimulus Updates
06:43 Stocks

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