Mnuchin: Second $1200 stimulus check likely to be sent to same people - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Treasury Secretary Mnuchin says anyone who got a $1,200 stimulus check the first time will likely get one again for the same amount

, lawmakers appear to be nearing consensus with the White House about how to further aid the United States' ailing economy.

In an interview with CNBC Thursday morning, Treasury Secretary Steven Mnuchin said the Republican bill to extend an extremely reduced level of federal unemployment income will also include a second $1,200 direct payment that's very similar to the one sent four months ago. President Trump — who has pushed a payroll tax cut in recent months despite little support from his own party — "wants to get money into people's pockets now because we need to reopen the economy," Mnuchin said.Republican lawmakers in the House and Senate have decried the $600 weekly unemployment bonus due to the fact that, for a small portion of workers, their monthly income increased due to the payments.

The last of those elevated checks will be sent out this week, despite the pandemic still raging in the United States. More than 70,000 new cases were reported Wednesday, with the death toll reaching over 142,000 as the country fails to mitigate its spread.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Start building a budget for what this money will go to. Don’t spend it frivolously!

We can choose between making the house payment or buying groceries.

Sounds good. I need a refill. 🍹🥤🍸🍻

That will help pay some bills,,

Aka Mays rent money

Will the President's name be written on the check this time?

Great, I used my first check for stock buy backs.

Even the dead people?

Measly $1,200

Add a three at the front.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

$105 billion to schools in new GOP stimulus, unclear if must reopen - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Harvard getting money again just to return it in the end? He’s it is! This money will be used as a pawn for them politicize the lives of CHILDREN. It doesn’t get anymore evil than that! So money stops corona now? If so why would they decrease the unemployment and not give a hefty stimulus check? Hogwash!
Source: BusinessInsider - 🏆 729. / 51 Read more »