New Stimulus Check: $1200 Expected in August 2020

Many news outlets are reporting that their will be a new stimulus package approved by congress and the white house.

It’s estimated that this new stimulus package will be worth an estimated $1 Trillion dollars.

In this new stimulus package:

– $1,200 Stimulus Check for individuals
– Extension of Federal eviction moratorium
– Small Business Stimulus for companies who has revenues that have fallen over 50%
– Extending Unemployment insurance benefit at a level of 70% of income or reducing the benefit to $100 a week instead of $600 a week unemployment benefit that expired this week.

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