Republicans Finally Announce Stimulus Proposal: $1,200 Checks, Unemployment Cuts And Everything Else That Will Hit Your Wallet

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Republicans Finally Announce Stimulus Proposal: $1,200 Checks, Unemployment Cuts And Everything Else That Will Hit Your Wallet
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Republicans finally announced the stimulus proposal: $1,200 checks, unemployment cuts and everything else that will hit your wallet by theothersarahh

The expanded unemployment payments authorized by the CARES Act—an extra $600 per week from the federal government—expire the last week of July. Democrats are adamant about extending the extra benefits, which they say have been a lifeline for the roughly 50 million people who have lost jobs or been furloughed as a result of the crisis.

Hundreds of people lined up outside a career center in Frankfort, Kentucky in June to receive assistance with unemployment claims.The CARES Act provided $150 billion in direct aid to state and local governments to help them respond to the economic challenges created by the pandemic. Democrats say this wasn’t nearly enough, and the Heroes Act included roughly $1 trillion in state and local aid to make up for shrinking local tax revenues and to stave off state and local government layoffs.

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Republicans Release Stimulus Bill Proposal Titled HEALS Act; $1,200 Checks, Cuts To Unemployment PaymentsRepublicans released their proposal for the next stimulus bill. Stimulus checks make the cut, but unemployment benefits, among other wishes, could lead to intense negotiations with Democrats.
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Republicans’ COVID Relief Bill to Include Second Round of $1,200 Stimulus ChecksRepublicans’ COVID Relief Bill to Include Second Round of $1,200 Stimulus ChecksAfter months of delay, Senate Republicans on Monday will propose a $1 trillion bill with an eviction moratorium and a second round of $1,200 checks.
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Larry Kudlow Says Next Coronavirus Stimulus Draft Will Include A Second $1,200 CheckLarry Kudlow Says Next Coronavirus Stimulus Draft Will Include A Second $1,200 Check"That is going to be part of the new package," the White House economic adviser told CNN&39;s Jake Tapper.
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