The administration of President Joe Biden will not be extending the enhanced weekly $300 unemployment benefits that are scheduled to expire on September 6.
Treasury Secretary Steven Mnuchin said he has spoken with House Speaker Nancy Pelosi for more than 15 times to revive talks on the "CARES Act" or a new stimulus package that has been in a stalemate for nearly two months.
Senate Republicans have finally announced the amount that each individual will receive for the next stimulus package based on their proposal. They called the White House-backed proposal as HEALS Act.
To help weather the recession as a result of the coronavirus disease 2019 (COVID-19) pandemic, a second round of stimulus checks may be sent to eligible Americans as early as August based on the Senate's calendar.
The Trump administration has assembled a set of proposals which aims to jump-start the economy by encouraging U.S. residents to go out to restaurants, return to work, and take vacations.
Harvard said that it is planning to keep the stimulus grant it received as a part of the incentive package opposing US President Donald Trump's vow that it should return the money.
Single people received $1,200 and each child received $500. However, for California citizens who have consumer debt, the money sent them can simply vanish fast.
In a teleconference held the other day with New-Mexico-based media practitioners, US Senator Martin Heinrich gave updates on initiatives to assists the New Mexicans who are affected by the COVID-19 Pandemic.
