Here’s Why You Shouldn’t Expect a Second Stimulus Check This Year
Well, it’s officially December and with no end to this pandemic in sight, many are clinging onto hope of a second stimulus check to help get us by.
Unfortunately, you shouldn’t expect a second stimulus check this year, here’s why…
While Congress returns to Washington this week, they are focused on something else rather than passing a second stimulus package.
This week they are focused on passing a broader spending bill by December 11 to avert a partial government shutdown. Of course, it’s possible that some relief programs could be added to such a broader spending bill.
Provisions can include the extension of programs set to expire on December 31 — including expanded unemployment benefits, an eviction moratorium and a pause on student loan payments.
As you may know, both Republicans and Democrats have been unable to come to an agreement over a stimulus package causing the delay for months.
The issue is that, so many have lost their jobs and are on the verge of losing their cars, homes, etc. (if they haven’t already).
That is why a group of more than 120 economists are urging lawmakers to approve another round of checks, arguing that they are “one of the quickest, most equitable, and most effective ways to get families and the economy back on track.”
So, bottom line is, don’t hold your breath for a second stimulus check before the end of the year. Let’s hope they can come together for the people of this nation and give Americans help so many desperately need.
