A Second American Stimulus Package?
A lot of rumors are flying about a second United States stimulus package. The last package most Americans received $1700 per household this time; they're talking about up to $2100 per family, which is like a dream come true to most people. The stimulus checks went out in March (I didn't get mine until May).
According to Fox Business News, ideas are being thrown out about $1200 for each child and $500 credit stimulus for a college student in the family. Another perk to this proposed package is that low to middle-income families would be eligible to receive these benefits as well as people who are in marriages with immigrants.
If you are looking for a clear-cut answer as to who is NOT eligible, according to CNET.Com it's listed as people who are.
- A single taxpayer with an adjusted gross income above $99,000
- A head of a household with an AGI over $136,500
- A married couple with an AGI over $198,000
- Children over 16 and college students under age 24
- A nonresident alien as defined by the US government
Senator McConnell says that the Senate could start working on this within the next month; hopefully, that means money could be in the hands of Americans by the fall.