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President Trump says the 2nd round of economic impact payments may be "way higher" than the $1,200 most Americans received earlier this year.
Phase 4 of the comprehensive Coronavirus relief bill will not be voted on by tonight's deadline (July 31). The White House and Republicans in the Senate are working on a smaller bill than the one proposed by House Democrats.
The Republican's economic stimulus bill would extend the federal unemployment benefits - but at a lower amount: $200 per week in addition to state benefits. The bill would also provide protection for renters who face evictions.
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White House Chief of Staff Mark Meadows and Steven Mnuchin, Secretary of the Treasury, met with House Speaker Nancy Pelosi and Senate minority leader Chuck Schumer on Thursday to offer 4 proposals.
One proposal would extend the $600 federal benefits for one week to give more time for negotiations. But Pelosi and Schumer rejected the proposals.
On Friday, Trump said, "The Democrats do not care about the people of our country."
But Pelosi said Trump and the Republicans don't care about the American people. "They resent America's working families."
Republicans say the extra $600 benefit is a "disincentive" for Americans to go back to work because some people are making more money on unemployment than they would if they were working.
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Americans who receive an extra $600 in federal unemployment benefits in addition to state benefits may get an extension after the extra $600 ends next month.
Some unemployed Americans receive a windfall of $1,000 a week when they collect an additional $600 in unemployment benefits on top of state benefits.
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The extra $600 was part of the $2.2 trillion stimulus package known as the CARES Act that President Trump signed into law in response to the coronavirus pandemic.
Some lawmakers are considering extending the additional $600 in federal benefits next month, but other say the extra $600 creates "a disincentive to return to work."
There are three proposals on the table for the next round of stimulus funding. Two of the proposals would allow Americans to continue receiving the extra $600 a week.
But one proposal calls for a return-to-work bonus to motivate people to return to work.
Republican Sen. Rob Portman, from Ohio, says extending the $600 weekly benefits past July would be a disincentive to return to work if Americans receive more money than they would if they were working.
The most recent unemployment report shows that 2.5 million Americans went back to work last month -- a sign that economies are rebounding as states reopen.
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A second $1,200 stimulus check is on the way to Americans who qualify, President Trump's economic advisor Kevin Hassett said.
Hassett says the federal government will issue a second stimulus check to qualified Americans as the U.S. economy attempts to recover from the coronavirus pandemic.
"I think it's coming sooner rather than later, Hassett told CNN on Friday.
A second round of stimulus checks was included in the House Democrats' $3 trillion relief package. But the bill was dead on arrival on the Senate floor last week.
Hassett cautioned that there was a possibility of double-digit unemployment in November.
"We are getting back to normal," Hassett told CNN.
Treasury Secretary Steven Mnuchin also believes that American people and businesses will need another injection of financial support as the coronavirus pandemic eases.
"I think there is a strong likelihood we will need another bill," Mnuchin said on Thursday. "We're going to step back for a few weeks and think very carefully if we need to spend more money and how we're going to do that."
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Nancy Pelosi announced a new $3 trillion stimulus package on Tuesday that contains billions in tax cuts and other cash freebies for the wealthy.
The bill also includes billions for "mandatory" vaccines and mail-in ballots to vote from home in November.
More than 30 million Americans have been let go from their jobs amid the coronavirus shutdown. The stimulus bill will provide up to $6,000 in cash direct to families and a second round of $1,200 checks to individuals -- some of whom are still awaiting the first round of checks.
But, as usual, the wealthy will profit from the Democrats' new HEROES Act.
The House Speaker is accused of "sneaking" tax cuts for the rich into the proposed bill, as well as allowing high-income earners to pawn off part of their state and local tax burden onto lower income workers.
The package includes billions for "mandatory" Covid-19 vaccines and $3.6 billion will go toward helping election officials prepare to count the 200+ million mail-in ballots the Democrats hope to send out.
Additionally, the bill includes a 15% increase for food stamps for illegal immigrants, $200 billion in "hazardous pay" for essential workers, and $175 billion in housing assistance for illegal immigrants and low-income wage earners.
Pelosi responded to criticism from lawmakers who say the new stimulus bill is stuffed with pork for the rich.
"To those who would suggest a pause, I would say the hunger doesn't take a pause, the rent doesn't take a pause," Pelosi said on Monday.
A House vote is expected on Friday. But Senate Republicans say they will not approve the package because they are in no rush to add more trillions to the federal budget deficit.
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Nancy Pelosi unveiled a new $3 trillion aid package with massive new spending for city, state and tribal governments impacted by the coronavirus shutdowns.
The new round of stimulus aid called the Heroes Act will include up to $6,000 cash direct to families and $200 billion in "hazard pay" for essential front line workers like medics, police and firefighters.
The package will offer another round of $1,200 checks to individuals who qualify. But 20 million Americans say they still have not received their checks from the IRS since checks went out in April.
The House Speaker announced the new spending bill on Tuesday after meeting with House Democrats. "We must put more money in the pockets of the American people," she said Tuesday afternoon.
Majority Leader Steyn Hoyer said Congress needs to act to approve the new aid package. "This is an unprecedented time in our history," he said.
The House is expected to vote on the new stimulus package on Friday.
But Senate Republicans are not planning to vote on any new stimulus bills until June, after a Memorial Day recess.
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California Governor Gavin Newsom revealed a grant to give $500 cash to 150,000 illegal immigrants living in the state.
Newsom is offering $500 apiece to immigrants living illegally in California who were left out of the $2.2 trillion stimulus package.
Many Americans began receiving $1,200 stimulus checks from the IRS on Wednesday, April 15. But illegal immigrants who do not have Social Security numbers were left out of the stimulus.
Newsom announced a $125 million grant for California's illegals who are impacted financially by the coronavirus.
"We feel a deep sense of gratitude for people that are in fear of deportations that are still addressing essential needs of tens of millions of Californians," said Newsom, who is a Democrat.
He noted that 10% of the state's workforce are illegal immigrants who paid more than $2.5 billion in state and local tax last year.
Senate Republican Leader Shannon Grove slammed Newsom for spending money "irresponsibly" on illegals instead of on food banks, and Americans who are in need.
"Instead of meeting these urgent needs, Governor Newsom has chosen to irresponsibly pursue a left-wing path and unilaterally secured $125 million for undocumented immigrants," said Grove.
A website launched by the Internal Revenue Service crashed as millions of eligible taxpayers logged in to track their $1,200 stimulus payments.
Millions of taxpayers flooded the tracker Get My Payment to check on the status of their stimulus payments - only to see a message saying: "Payment Status Not Available."
Frustrated taxpayers took to Twitter.com to vent their frustrations at the IRS and President Trump.
"I cried and cried," wrote one despondent taxpayer. "I've been out of work and out of money for weeks already. I don't understand. I should qualify too."
Another Twitter user slammed the IRS website as "a joke."
More than 80 million eligible taxpayers should have received their stimulus payments today, April 15.
Many are furious after they learned President Trump ordered his name to be printed on the checks -- delaying the delivery of their checks by days.
Nearly 17 million Americans filed for unemployment benefits as of April 15. The unemployment rate has reached its highest point since 1940.
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President Trump vows Americans in some states will return to work by May 1. He wants a detailed plan on reopening the country on his desk within days so he can issue suggestions for some states to reopen by May 1.
"The plans to reopen the country are close to being finalized," Trump reassured Americans on Tuesday.
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If you are eligible to receive a $1,200 stimulus check from the Internal Revenue Service, your check is in the mail.
The IRS has begun the process of sending out relief checks to Americans with a Social Security number who earn under $75,000 a year.
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The amount decreases by $5 per every $100 earned up to $99,000 a year. Hard working taxpayers who earn over $99,000, but still have bills to pay, won't receive a dime.
Married couples who earn less than $150,000 will receive $2,400 plus an additional $500 for each child. Single mothers will also receive an additional $500 per child.
The IRS says it will use a taxpayer's 2019 return to calculate eligibility. If you haven't filed a 2019 return, the IRS will base the calculation on your 2018 return.
Taxpayers who haven't filed a tax return in 2 years can file a "simple tax return" to receive their checks and any income tax refund owed by direct deposit or U.S. snail mail.
Congress approved President Trump's $2 trillion stimulus package to help Americans impacted financially by the coronavirus.
Last week, Congress passed President Trump's $2 trillion economic relief bill, including $1,200 checks to individuals who earn less than $75,000 a year.
Families will receive an additional $500 for each child. Also, the bill extends unemployment benefits by $600 per week.
Despite the government's plan to send checks out to 57 million individuals with social security numbers, Trump critics say they don't want Trump's handouts.
Outraged anti-Trumpers took to social media to declare they will reject the relief checks bearing the president's signature.
A movement has been created online to burn Trump's federal relief checks.
Rather than cash the unwanted checks and donate the money to charity -- or simply return the checks to the government, anti-Trumpers plan to protest by uploading social media videos that show them burning their $1,200 checks under the hashtag #MyCheckMyChoice.
The relief checks are expected to begin rolling out in mid April.
Question: Some of you hate your president with a passion. Do you plan to burn or return your Trump Checks? Please be honest.
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