President-elect Biden’s 2021 stimulus plan: Would you get a second check or not?


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President-elect Joe Biden has made one thing clear: the US needs another stimulus bill, and soon. Biden has spoken out about certain measures more than others, but above all, the incoming president has stressed his position that more stimulus aid should come before his Jan. 20 inauguration, and before the final COVID-19 relief measures expire on Dec. 31. If a bill doesn’t pass by the time he’s sworn in, here are some things he can do for stimulus.

Congress began its Thanksgiving recess without a deal in place and won’t be back in session until Nov. 30. House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell will begin negotiations soon, Senate Minority Leader Chuck Schumer said Nov. 19. To avoid a government shutdown, the two political parties must pass more funding by Dec. 11, though it seems no stimulus aid will piggyback on the bill for government funding.

One position that isn’t completely clear is how strongly Biden feels about a second stimulus check. Although he had backed it during his presidential campaign (more on that below) and does advocate for Pelosi’s $2.2 trillion Heroes Act, which does have a check, Biden’s current economic plan highlights extra unemployment checks for job-seekers and doesn’t mention another direct payment.

There’s currently some question as to whether Biden would support another stimulus package without a second check or try to use his executive influence to try to sway Congress to include another direct payment for up to $1,200 per adult. (If a stimulus bill passes without a check, here are other ways you could benefit from the package.)

Biden has appointed a COVID-19 task force and laid out his plan to address the effects of the coronavirus pandemic with a new set of strategies that complement a similar plan Biden released during his presidential campaign.

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Below, we detail everything Biden may be planning in regard to stimulus payments…Read more>>

Source:-cnet

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