This is how much your third stimulus check will really be

The sum of money granted for the third series of stimulus controls falls between the first and second time.


Some Americans are stillwaiting for their second recovery check After a series of unfortunate misadventures and errors, but a third check will soon be probably on the way. On January 14, the elected presidentJoe Biden Shared his stimulus plan, called the American rescue plan, and he answers the most important issue of Americans have about their next check: how much will it be? With the most recent stimulus checking at only $ 600, many people hope for a heftier this time and there is good news on this forehead. As to when these third stimulus controlsappear in the bank accounts of the Americans Or mailboxes, it's a bit more complicated. Continue reading to find the answer, and for an area giving its most needy residents of a boost, check outThis state plans to give additional stimulation checks.

Read the original article onBetter life.

The third stimulus check will be for $ 1,400.

Extreme close-up of Federal coronavirus stimulus check provided to Americans from the United States Treasury in 2020, showing the statue of liberty.
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January 14, Mr. Bidenunveiled its stimulus plan, And clarified that its plans to send a third stimulus check for $ 1,400 to reflect the deficit of the second stimulus check that has recently released. "We will finish the work of getting a total of $ 2,000 in cash to people who need them most," said Biden. "The already appropriate $ 600 is just not enough. He believes that the handset "$ 2,000 will go a long way to relieve pain. »

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The third stimulus check will not come for at least a few weeks, but it could also be months.

Woman checking the mail
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Before the biden plan can make its way through the life conference for approval, it must be inaugurated. Once biden is on January 20, he can start the process of obtaining her approved plan. If the bill is blocked at Congress, however, Americans could expect controls more than a few weeks.

"The determining factor when people see that the top up is really how long it takes something like thatcongress, "Garrett Watson, A senior policy analyst at the Tax Foundation, told CNBC. Come to an agreement on thepacket relief Could take two or three months, according to Watson. AsNewsweekReports, the Democrats will be able toPut the stimulus plan Senate For a vote, but since the room is 50-50, they need at least 10 Republicans to sign to avoid systematic obstruction.

In a letter addressed to the members of the Senate Congress Head of the incoming majorityChuck Schumer On Tuesday, January 12, he said, according toNewsweek"Covid Emergency Rescue Work is far from complete Democrats wanted much more in the latest bill and promised to do more, if they are given the opportunity.Increased direct payments to a total of $ 2,000. We will get this fact ".

Watson added that the Congress approves once the price point of new checks, Americans can see the money in their account very quickly.

And if you intend to get the Covid vaccine, seeIf you take these over-the-counter medes, you must stop before getting the vaccine.

The plan is also intended to expand unemployment.

Life during covid-19 pandemic. Portrait of stressed stylish woman in blue blouse with medical mask outdoors on the city street.
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Another important element of the biden stimulus plan is help for people who are unemployed because of the pandemic. Biden seeks to expand emergency unemployment insurance programs until the end of September. Currently, these unemployment programs would expire in mid-March. Help would come in the form of "$ 400 per week unemployment insurance supplement to help hard workers', according to biden.

The New York Timesstresses that everythingThis amount is more generous than the 11 weeks $ 300 supplement included in the December package, it is significantly less than $ 600 a week performance that was in the first return package in March.

The American rescue plan also proposes to increase the federal minimum wage at $ 15 per hour and expanding expulsion and foreclosure to a moratorium at the end of September. And to find out more about the latest coronaviruses, read on howThe CDC has just published this horrific Covid Warning.

The proposed stimulus plan will cost $ 1.9 billion.

A federal stimulus check sitting on top of $100 bills
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Although this figure seems staggering, it is not far from the original stimulus in March, which has entered intoabout 2 trillion of $. TheBill December cost a lot less: $ 900 billion.

The money of this stimulus plan would also go to schools, small businesses, theimmunization program, The extended and more test, according toThe New York Times. More specifically, the CNBC reports, it includes$ 350 billion in the state and help of local authorities; $ 170 billion for schools, including higher education institutions; $ 50 billion in COVID-19 tests; and $ 20 billion for a national vaccination program in partnership with states, localities and tribes. To see what the future of Covid looks like, check The CEO of Moderna has just made this frightening prediction on Covid .


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