Second Stimulus Check JUST Approved! Everything You Need to Know In Just 4 Minutes

#Stocks #Stimulus #SecondStimulus #StimulusCheck

In this video I go over extremely hot news! President Trump just signed the latest Stimulus Bill into law! We will all be receiving $600 per person Second Stimulus Check. The latest bill is broken down as follows (credit to Meet Kevin for the breakdown):

-$600 stimulus checks to adults.

-$600 stimulus checks to child dependents.

-$75k single phase out for checks / $150k married filing jointly phase out (reduces $5 per $1000 extra you make).

-No cap on dependents.

-$300/wk Unemployment (11 week extension for all unemployment including PUA / PEUC).

-SSDI/SSI Stimulus Checks

-A deal between Pelosi, democrats, and republicans with Toomey on the Fed’s 13-3 facilities.

-Business meals tax deductible.

-Second PPP round with 25% decline in revenue. New first PPP round.

-New “targeted” EIDL Grants. Emergency Injury Disaster Loan Grants.

-Rental relief with state governments.

We also have opportunity for an increase an up to $2,000 per person. Senate and Congress will vote on it. Keep in mind President-Elect Joe Biden will most likely release a new bill next year once he has taken office. This largely depends on the Senate run-off races in Georgia in January.

I believe the stock market will be green tomorrow and probably this week. This is great news and its unexpected. It's coming at a time when we thought we would not receive a stimulus check for several months.

I hope you enjoyed this episode!

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