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This Time Second Stimulus Check Will Offer More Financial Help! How Much Funds To Relief You? Check Here

Benefits Boost For U.S

It is very evident that the coronavirus pandemic was a bit harsher on the population of the US. Moreover, American families are hit harder on the grounds of financial resources.

Amidst all this, they have been struggling to gather their primary resources. The Stimulus Check is substantial support to all those families who are adversely affected and are suffering badly.

Source: KOLR

The Washington Centre for Equitable Growth (WCEG) said it is imperative that American families hit hard by the economic effects of coronavirus receive “substantial” additional income support, such as a second stimulus check.

Moreover, this noble approach will help all low households in the country.

CARE Act Provided Stimulus Checks

Under the CARES Act, a $2.2-trillion relief bill was passed in March. Under this, Americans earning under $99,000 a year received one-time stimulus checks of up to $1,200. However, there are a lot of political issues related to the Stimulus Checks. Still the amount remains a matter of controversy.

Stimulus Check Bill
Sources: Forbes

Many of Trump’s Benefits Miss Out and May Not Last Long

Amidst all these controversies,  Pelosi and Schumer have pushed to extend the $600 weekly amount, Mnuchin and Meadows have sought to reduce this. Furthermore, President Donald Trump signed an executive order in August, seeking to provide $300/$400 in extra benefits.

Seeing the consistent controversies regarding the prices, it is, however, confusing to jump to any conclusion.

 

Unemployment Surge in the US

Around 60 million people in the US have filed first-time unemployment-insurance claims. Thus, it is very obvious to say how coronavirus had impacted the situations. Unemployment soared to 14.7% in April and, though it has now fallen to 8.%, this remains significantly higher than February’s rate of 3.5%.

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But, seeing the innovative steps by government, the situation is tackled wisely and efficiently.

 

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Muskan Gupta

Pursuing Botany Honours from the Hindu College University Of Delhi and exploring what life awaits! I am confident in the skills I possess ... I have worked in a variety of niches including technology, business, fashion, gaming, education, and Hollywood gossip to name a few. My hobbies change almost every week, I have tried my hands on almost everything be it signing, painting, dancing, reading, and being a botany student of course Gardening. I find writing as a way to pour out what the mind clicks.