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Senate JUST Passed $1,400 Stimulus Checks!! [Details!]

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FULL TRANSCRIPT

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the senate just passed the 1.9 trillion

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stimulus package

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this means hold ups regarding the

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potential for joe manchin not voting on

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the bill or

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kirsten cinema not voting on the bill

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are over the bill

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is passed federal reserve bank president

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bullard only gave this a 50

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chance of happening yesterday and here

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it is it happened

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the senate has been working all night

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literally voting on amendments for over

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24 hours straight

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republican amendments such as preventing

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all undocumented workers from getting

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checks failed twice

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amendments to prevent prisoners from

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getting checks failed amendments to

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replace the entire package

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with a 650 billion dollar package failed

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that package would have given 1400

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checks to low and middle income

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americans 500 to dependents

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completely phase out at 50k for

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individuals and 100k for couples

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unemployment would have only gone

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through june but that plan failed so we

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don't need to talk too much about that

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one

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and ultimately the senate has passed the

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1.9 trillion dollar package in a way

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largely

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similar with what democrats have passed

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the senate stimulus package which is

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officially passed now now goes back to

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the house

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where the house of representatives led

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by nancy pelosi are expected to

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pass the amended stimulus package

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without further changes

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the stimulus package would then get

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signed by joe biden

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likely the middle of next week the

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stimulus package provides

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full 1400 stimulus checks to individuals

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making under 75k

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after 80k individuals get zero full

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checks go to couples making under 150k

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couples making more than 160 thousand

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dollars get

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zero stimulus checks will go to all

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dependents for

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the filer so the checks go to the filer

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and all of their dependents would

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qualify for a 1400

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check this means children college

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students adult dependents they would all

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qualify

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of course that money goes to the person

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at filing each person gets that full

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1400 again

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which means a family of five could get

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seven thousand dollars checks should go

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out faster than previous checks which

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means checks could

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start coming out by march 20th

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there will be no boost to the minimum

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wage state and local governments will

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get 350 billion dollars 510 million

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dollars will go to fema

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for food and shelter programs the

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unemployment boost will be 300

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from march 15th through september 6th

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the

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first ten thousand two hundred dollars

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of unemployment you will receive

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will be tax free as long as you make

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less than 150 000

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which should be around 93 percent of

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people on unemployment there are also

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currently 11 million people receiving

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unemployment benefits

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snap food program benefits will be

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extended through september instead of

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june

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the supplemental food program for women

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infants and children will get an

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additional 880 million

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20 billion will go to rental assistance

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programs two free stocks will go to you

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if you sign up for weeble via the link

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down below deposit a hundred dollars and

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you get two free stocks worth up to

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eighteen hundred fifty dollars

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ten billion dollars will go to mortgage

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assistance the child tax credit which i

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fully covered before in a separate video

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will provide thirty six hundred dollars

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per year for a child under six and

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thirty or

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sorry three thousand dollars per child

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under eighteen this credit could start

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getting distributed in july as a monthly

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credit

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for two hundred fifty dollars per child

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or three hundred dollars per child

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depending on their age

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you can opt out of this and get it tax

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return time if you want more details on

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that one go to

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or type this into youtube meet kevin

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child tax credit

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details credits will be provided to

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employers

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for providing leave 130 billion will go

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through our go

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to k-12 schools amendments to tie this

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money

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to a guaranteed reopening have failed so

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we're just at 130 billion going to

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schools

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15 billion will go to the eidl program

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25 billion will go to a grant program

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for restaurants and bars

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7 billion will go to the ppp

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congratulations congress

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is essentially done and the stimulus

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package is passed

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the house does have to rubber stamp this

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now and biden is obviously expected to

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sign this next week

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thank you so much for watching get your

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two free stocks with weeble down below

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and folks we'll see in the next one

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