A
Andy Meek
Guest
- The next stimulus update should come this week, with the Senate expected to vote on President Biden's $1.9 trillion stimulus bill in a matter of days, following last week's House vote.
- In the meantime, ignore what you've been hearing about $1,400 stimulus checks.
- The real amount of federal aid coming to families in 2021 is much higher, and we'll explain how it all works.
The next big stimulus update will come as soon as this week when the Senate votes on its own version of President Joe Biden's $1.9 trillion economic rescue package that was passed by the House of Representatives last week.
According to one estimate of how things will play out this week, Senate Majority Leader Chuck Schumer will tee up Biden's stimulus plan for a vote around Wednesday. That will kick-start 20 hours of debate, with the actual vote possibly happening in the early morning hours on Friday. Presumably, the Senate version won't touch the key provision most ordinary Americans are waiting intently on -- the $1,400 stimulus checks -- so all that would need to happen after the Senate vote is a conference committee session in which the different House and Senate bills are melded together, and then off it goes to President Biden's desk for his signature. While everyone waits for that to happen, however, it's important to point out one thing that a lot of people seem to be misunderstanding what's coming next in terms of coronavirus-related stimulus benefits. Specifically, about the $1,400 stimulus checks -- because some of you are actually going to get a lot more than that in stimulus payments by the time 2021 is over.
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Forget $1,400 stimulus checks – you might actually get more than $14,000 originally appeared on BGR.com on Mon, 1 Mar 2021 at 13:08:17 EDT. Please see our terms for use of feeds.
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