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The Hefty Price Tag on Biden's Stimulus Plan Is Worth the Cost, Says Economist
President-elect Joe Biden is hoping to jump-start the economy with his sweeping $1.9 trillion American Rescue Plan. Morning Consult economist John Leer joined LX News to make a case for why it’s worth it for the U.S. government to pass a costly relief bill and avoid catastrophic long-term consequences of the pandemic.
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$1,400 Checks, Enhanced Unemployment: Here's What's in Biden's Stimulus Plan
Biden is calling for $1 trillion in direct relief to taxpayers, including increased stimulus checks and enhanced unemployment benefits, and more.
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Opponents to $2K Stimulus Checks Say They Are Not Targeted. How That Could Be Fixed
Washington leaders disagree whether $2,000 stimulus checks will really help those who need it most. Experts say these changes could better direct the money.
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10-Year Treasury Yield Ends Session Flat After Hitting a Near 10-Month High
U.S. Treasury yields continued to climb on Tuesday morning, as traders eyed the possibility of further economic stimulus and the situation with U.S. politics.
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Jackson Hewitt and TaxAct Say Missing Stimulus Checks Will Be Deposited Starting Feb. 1
Several tax preparation companies affected by the IRS stimulus check mix up say their customers can expect their payments starting Feb. 1.
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‘We All Are Making Sacrifices Right Now': How Americans Plan to Spend Coronavirus Stimulus Checks
For many in the U.S. who have been laid off, or had their hours drastically reduced as a result of the coronavirus pandemic, a stimulus check from the federal government will go toward paying off essential bills, like rent and utilities, or buying groceries.
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Everything You Need to Know About the Coronavirus Stimulus Checks
CNBC Make It explains everything you need to know about the coronavirus stimulus checks, including who qualifies, when they’ll be sent and whether or not they’re taxed.
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Waiting for Your Coronavirus Stimulus Check? You Could Get a Prepaid Debit Card Instead
The Treasury Department announced Monday that around 4 million people that do not have their direct deposit information on file with the IRS will receive a prepaid debit card with their stimulus funds on it, instead of a paper check.
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Who Needs to File a Tax Return ASAP to Receive a Coronavirus Stimulus Relief Check, According to the IRS
Most Americans will receive a coronavirus stimulus relief check based on their tax returns, but the IRS is urging certain groups who do not typically file taxes to do so as soon as they can in order to receive a payment.
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Don't Mistake Your Stimulus Payment for Junk Mail
Some people are throwing away their stimulus payments, not realizing that the Treasury Department is sending some in the form of a prepaid debit card.
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HEROES Act Would Provide Another Stimulus Check, Broader Student Loan Relief
The HEROES Act could provide some economic relief at a time when almost 37 million Americans have lost their jobs due to the coronavirus and many others are facing reduced hours, loss of health insurance and other economic nightmares.
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This Is the Average Unemployment Insurance Payment in Every U.S. State Without the Extra $600 in Federal Aid
More than 25 million people are currently receiving enhanced UI payments. Without it, their weekly checks will drop by about two-thirds, to $383 per week on average, according to data from the U.S. Department of Labor. But that figure varies greatly by state.
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Millions of Americans Will Struggle to Pay Their Bills by End of August Without the Extra $600 Unemployment Insurance
Some 5.4 million Americans will be financially insolvent by the end of August if enhanced unemployment insurance is not renewed or they are unable to return to work, Morning Consult finds.
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Senate Adjourns Through Labor Day Without Reaching a Stimulus Deal. Here's Where Things Stand Now
The Senate is officially adjourned through Labor Day despite not coming to an agreement on its next coronavirus stimulus package.
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Trump's Executive Order Only Guarantees $300 Per Week in Enhanced Unemployment for Some Workers
President Donald Trump signed an executive order to extend enhanced unemployment benefits at a reduced rate of $400 per week. But aides clarified this week that the order actually only guarantees $300 per week from the federal government.
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Trump's Executive Orders Didn't Include a Second Round of Stimulus Checks—Here's Why
President Trump signed four executive orders on Saturday granting Americans financial relief in a number of areas, however, the actions did not provide any funding for a second round of stimulus checks.
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Another Stimulus Check Could Be Coming—and 26 Million More People Might Qualify for Cash This Time
Millions of college students and other adult dependents did not receive a stimulus check under the CARES Act. The HEALS Act attempts to fix that.
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7 Things the U.S. Needs to Do to Recover From the Coronavirus Recession, According to Economists
Getting the coronavirus under control, like other countries around the world have, is the most important thing the government can do to help citizens and the economy.
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How the HEALS Act Compares to the HEROES Act
Two proposals — one from the House, one from the Senate — take vastly different approaches to coronavirus stimulus.
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Here Are 2 Strategies You Should Use to Invest Your $600 Stimulus Checks
While your $600 stimulus check may not be a substantial amount of money when it comes to investing, it can be a good starting point to get you into the market.