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Stimulus II: Who’d qualify for some money, if anyone?
Discussions are happening in Washington about what the federal government should do, if anything at all, to keep the economic recovery going in this time of pandemic, particularly when a number of provisions from enhanced unemployment benefits and foreclosure stop orders are due to expire from Stimulus Round One (The Cares Act) in July. Who might get something? Clifford Colby of Cnet Personal Finance explores this topic in his piece. The stimulus talk runs the gamete from more money to folks than round one, to less money targeted at select groups, to just businesses and states, to no one at all. The Heroes Act passed in May by the Democratic House proposed broad financial benefits to individuals, families, and categories bypassed by the first stimulus checks, including most college students and non US citizens. Its sheer size, volume, and cost have made it a nonstarter in the GOP controlled Senate. The Senate would start writing any draft of a bill in July. Colby’s full article is here. Click the additional links below based on what Cnet Personal Finance has been able to learn about the major proposals for a second stimulus package which include information on unemployment insurance, what you can do if you’ve lost your job and what to know about evictions.