New Coronavirus Relief Bill Includes $600 Stimulus Checks
December 21, 2020 8:40AM EST
PHILADELPHIA – MAY 8: Economic stimulus checks are prepared for printing at the Philadelphia Financial Center May 8, 2008 in Philadelphia, Pennsylvania. One hundred and thirty million households are eligible to receive a tax rebate check under the $168 billion economic stimulus plan. (Photo by Jeff Fusco/Getty Images)
As the U.S. continues to grapple with the economic fallout of the coronavirus pandemic, some help will soon be on the way.
Today (Monday), Congress is expected to pass a nearly $1 trillion COVID-19 relief bill that will include a second stimulus check for $600 and an extra $300 in enhanced unemployment insurance for 11 weeks.
The new relief bill also includes $248 billion for another round of loans for small businesses; $12 billion of which is earmarked for minority-owned businesses and $15 billion for live venues and independent movie theaters.
What’s your reaction to $600 stimulus checks? Do you think the bill goes far enough or is more help still needed?
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