Things to know about the Stimulus checks to be issued by congress, as well as the entire #StimulusPackage. This #StimulusUpdate will include the $1200 payments from last time, since the #HealsAct (from Republicans) and the #HeroesAct (from Democrats) both include payments of roughly the same amount.

Secondly, the #StimulusChecks should be supplemented by added tax credits to incentivize businesses to hire more workers and keep them employed.

#PPPloans are expected to be part of the deal, but I believe they should be sent to businesses that a) need the money and b) are going to use the money for the right reasons.

Lastly, the #Unemployment numbers are pretty bad, so some sort of federal supplement for unemployment will likely be included. This will probably not be as much as the $600 weekly payments from before, but may include some sort of back-to-work bonus.

I personally think that #Congress should also be required to go without compensation similar to the American people, but then again, my opinion on the issue won’t change the national discussion.

The Black Financial Channel is a news and business channel designed specifically for the African American community. We give daily financial updates on stock markets, investing and other related topics that appear in financial news.

The Black Financial Channel is sponsored by The Black Business School. To join The Black Business School and get started for free, please visit TheBlackBusinessSchool.com. You can also get free financial tips, advice and information from Dr Boyce Watkins by visiting DrBoyceWatkins.net

source