The -> "Heroes Act"
News - Washington DC
- Coronavirus updates COVID-19 -
What is The Heroes Act - The Heroes Act is the new bill in congress -
What's the bill called? - The new proposed legislation called the
is the new bill just passed by The "US House of Representatives".
What's the bill called-? It is the "Heroes Act" -
How much will I get - ?
- Democrat Speaker of The House Nancy Pelosi -
- Republican Senate Majority Leader Mitch McConnell -
The US House of Representatives passed the bill,
worth $3 trillion. It includes a second direct payment to
individuals and households of up to $1,200 per family member,
with a cap of $6,000 per household.
It could also carry over the current enhanced unemployment benefit
of $600 per week -
(on top of states' typical unemployment payout)
to January 2021 -
also provides a 15% boost in federal food assistance
under the Supplemental Nutrition Assistance Program -
The Heroes Act would also set aside money for struggling businesses,
the US Postal Service and coronavirus testing costs.
The chances of a second stimulus check -
ask John Barrasso Republican senator from Wyoming -
Passing the House of Representatives -
which is controlled by a Democrat majority,
is one step in the journey from bill to law,
is not a guarantee that this second bill will clear its next stage-
approval by the Republican-controlled Senate.
The argument in favor of another round of stimulus checks -
is a bold response to the coronavirus pandemic
the economic collapse - according to the House fact sheet.
The financial support is intended to cushion
"the economic blow of the coronavirus crisis.
The goal of a second IRS stimulus check is in part
"putting much-needed money in the pockets of
the American people," Pelosi said in a recorded statement.
Since the middle of March,
more than 38 million US workers who have lost their jobs have filed for unemployment.
The actual number of those unemployed after
governors and mayors locked down their states and cities
to stop the spread of the coronavirus is likely higher -- perhaps millions higher --
because many who are eligible couldn't file a jobless claim.
With the job losses, the nation's unemployment rate reached 14.7%.
The newly unemployed,
along with others taking an economic hit from the pandemic,
might benefit from having more money to spend right now.
Coronavirus updates COVID-19.