What are the chances of a second stimulus checking actually passing? With the house approving latest HEROES act does this increase or decrease the odds of the stimulus checking coming in? In todays video we review the percentage I would give in my theory for the current state of the Heroes act. In addition we cover some additional stimulus BEEF brewing in the space.
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Stimulate me in the comment section.
Enjoy!
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Advertiser Disclosure: Some of the card links and other products that appear on this website are from companies which Brian Jung will earn an affiliate commission or referral bonus.
Disclaimer: I am not a financial advisor. Brian Jung does not provide tax, legal or accounting advice. This material has been prepared for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
Stimulate me in the comment section.
Stimulus check success, odds. What is the likelihood that that $ 1200 stimulus check is actually gon na get passed so over this past Friday, we heard some pretty big news with the house actually passing the heroes Act. Now, although this is this sounds really good and a lot of news media articles can hype this up being like are, this is the best thing ever keep in mind. It still needs to get passed through a couple more entities, just because it gets passed in the house doesn't mean it's also gon na get enacted.
It needs to go to the House, then through the Senate, and then our boy Donny needs to add a little MJ on that. So you know, there's still a lot of things that needs to happen in order for this to go through, but as time and time progresses, I feel like we are seeing a better chance of this actually going through and here's. My reason why now to put things in the perspective of the way the last cares Act was actually passed, we're seeing a lot of similarities within this heroes Act and the cares Act. One is going to be the cost of this bill they're roughly around.
In the same ballpark area, we're not seeing a huge tremendous jump in one thing or another, and on top of that, this new stimulus check is the same exact amount as our old one, and knowing information like that, we should have more confidence in knowing that, if Things happen before in the past, and our circumstances really haven't changed too much. Now there isn't any real negative reason on why they would actually not approve something like this. You know I have it written down like I'm a little notepad right here, just pretty much the process. We got the house, okay house checked off, we got the Senate on here next, the rumor is the Senate is gon na shoot it down? If the Senate does happen to say yes, the rumor is that President Trump isn't gon na sign off on it.
They're saying it's gon na be good. That's like what everyone keeps saying dead. On arrival, I got a DOA okay dead on arrival. We all learned a new term dead on arrival, yeah, it's a dead on arrival thing, and you know if, if this little graph thing that I got pushed out here doesn't happen, it would actually just go back in a circle.
They would make their revisions and then move forward now. The other theory that a lot of people are suggesting may be happening is that the government is doing this on purpose, where they've made this bill 1,800 pages ridiculously long more than necessary in order for them to go through the process. Instead of doing this going straight forward and having the yes or note they're going through the process and they're gon na go in circles until time probably passes by where they start opening up the economy and they look and say: oh, maybe we don't need any more Stimulus, maybe we we don't have to put ourself in another 2-3 trillion dollars worth of debt. Maybe we can just put that aside.
So that's the theory right there that everyone is creating this imaginary fight in order for them to prolong this and see the effects of their last stimulus with the cares Act and then figure out what to do from there. You know it's really hard to gauge whether or not who is right and who is wrong in this type of situation. But the main question that I know a lot of you guys will probably care about what is the percentage? What is the likelihood that something like this would pass and, in my opinion, if I were to give a random number out here, you know in my expert opinion, which I'm definitely not an expert in anything in so pretty much an amateur opinion. I would say 80 to 90 percent likelihood that this may actually pass. We've seen the first stimulus check go through and there is no question in doubt with our government leaders saying: ok, no one should get a stimulus check. We don't need a stimulus check. The only other argument here that exists is the fact that if we give out stimulus checks, it may decrease the incentive for people to go out here and work, because unemployment benefits already so high. And then you get stimulus checks on top of that, and people really don't have to work, because you know their bellies are full rent is covered for the month.
Why would they go out? Why would they risk themselves to this pandemic? Why not the just chill and have fun? And that is one argument to it, but I always try to err on the more positive and optimistic side that people do want to go back to work. People want to make their own money and people don't want to be at home, being lazy, not doing much. I feel like as human beings. I've said this multiple times on the channel 2.
We are naturally social beings, and, although being lazy is something that many people may enjoy a good majority, people want to work for their own money and it's not even a matter of fact right now, where stimulus checks are just completely preventing people and and and saying. Ok, like you, don't have to do work, it's just a form of relief. It's called a stimulus check, it's supposed to stimulate the economy and just allow people right now to have a little bit safe of a cushion. You know because people are actually struggling.
Our people are fighting every single day in order to get food on the table, and that's really the whole point of that now. My question to you, guys is: what do you think the Approval odds of getting a new stimulus check would actually be. You know based on of where our unemployment rates are, which is estimated to be about 20 to 30 percent, and you know we do have to wait a couple weeks for us to see whether or not this trend is going up or down, because a lot of States are opening up. I don't expect unemployment rates to shoot back down to normal rates to what it was even a few months ago, before all this even started.
So, knowing that, knowing that unemployment rates may actually be consistent for the next few months, it's only just - it only makes sense for us to get stimulus checks. It only makes sense for government to send additional relief to the people. Well, look hey! I don't know a thing man who knows what I'm talking. I don't even know what I'm talking about something look. My question, you guys is: what do you think the approval odds of getting the stimulus check is? Do you think it's maybe 50/50? Do you think it's 80 %, 90 % like I do, or do you think it's completely 0 % there's absolutely no chance we're gon na get any type of stimulus? Do you guys think something is gon na get passed through, or do you believe that this is all jargon that the politicians are doing because it's election year they want things to sound good, but their reality they're, just not gon na do anything and they're they're, just Gon na send 1800 plus pages of just just time spent doing just stupid stuff. Okay. Now, in addition to that, I just want to say guys: we just hit a hundred a thousand subscribers. Thank you guys, all so much literally.
Our sub count is now it's half a credit card people and half new stimulus people. So you know I feel, like I don't know man at a hundred thousand subs. Although it's it's a monumental experience and I have no gripe about it, I think it's one of the greatest things to happen to someone I actually had this like written down in my little law of attraction bullet journal, I had back in the day it was. It was back there two years ago, I had it written down and just looking back, I it's a good feeling.
It's a good feeling to be able to accomplish these goals, and it's a even better feeling just to be able to share this with people. I wasn't able to celebrate this like I had intended, but I still had an amazing time, just just you know just celebrating that, but yeah guys. Thank you again for a hundred thousand subscribers. I just want to share my gratitude with you guys on that it is seriously just it's one of the, but it's seriously one of the biggest accomplishments.
I feel like I've done in this life, because I've been working so hard to achieve it and, although you know, check, videos definitely help because you know we can be milking some of the content out here and getting someone I get it. I get it more eyeballs or on YouTube. I understand, but still man 100,000 subs to me it's a big deal. I appreciate it.
I love you guys. It is just aa now moving forward. I definitely did want to mention one other thing this past weekend, you know, there's been a lot of beefy in the community for you guys watching up until this point chances are you guys watch clear water attacks and you guys watching me Kevin and yeah. There's been some there's been some beefs doing in the pipe.
I don't even know. What's going so earlier, you know I feel like the past few weeks. It was all fun and games. You know I poked a little. I poked a stick a bit. You know you know, meet Kevin copy it a little bit, but then we made it. You know it's all good. My brother, you know we there's a the pie is big enough for all of us.
I don't mind if you cut, Graham, I don't care if you take my intro like it's all good. My people rip off of me. Take my stuff. Take my ID.
I don't care man to me. It's all. It's all fun and games, but yo. I think, like you know we to me, I'm shooting water guns.
You know I'm shooting like a little water gun at these people. You know we're all having fun, I think they're shooting water guns back, but all of a sudden yo we shooting cannons that we shoot in a 50 Cal out here. I don't know. What's going on my brother there's some real life drama, this was fake.
You know I fake okay, I thought it was funny. You know to to have a little bit sense of laughter in the community. You know, while everyone's out here getting sick and freaking. You know, like you, know, dying and stuffs crazy out here now.
This is like some real beef like clearly, I don't think people are playing no more. I think this is some real beef, so I know I know my boy clear value did a video on a livestream like mentioning, you know talking about keV and then keV did his response. Video and you know I'm just out here. You know both sigh like everyone.
I, like everyone, I don't think anyone's, got some beef with me cuz. You know it to me. I think a lot of people can see that it's like fun and games, but go it's getting crazy out here. Man, it's a war zone, so there is a you know.
What I suggest is like you know we should. We should have like a boxing match. That's like livestream. I think that would be cool.
Clear value was flexing that heels like a black belt. Tequan dough like in his thing, meet Kevin. I know he's a be a little crazy. Sometimes I feel like that.
Man goes full adrenaline mo like ain't. Nobody stopping him, no matter like what degree black belt you have in tech Wando. So it's like as a matter of like crazy white man in like like fierce asian man, so it's like boom like who wouldn't want to pay money for that I'll pay money to watch I'll pay I'll pay a hundred bucks to watch that yeah! That's entertaining! So that's my suggestion. I might make a fool like other review, video talking about the whole stimulus beef drama going up in here, cuz to me, it's pretty entertaining.
I feel like a lot of my audience who's watching. This may feel the same way too. I know it's you're, either team Kevin, our or team team, clear value - and you know for the neutrals for the people who, like both parties, team Johnny nation. We welcome you join the don't join the jeonggi fam.
Okay, we take no sides, we just enjoy okay. We we have our bubble tea. You know we got our Korean barbecue. We just chilling out here eating good, so guys I might you know I might make a video later this week talking about our two fellow hard-working men, both incredibly smart guys. It's sad that you know the beef has gotten serious, yeah anyone's gon na capitalize on it it's kind of baby, I'm just kidding. Where am I so guys? That was my video on the stimulus, check, approval odds and what I believe the chances of that actually coming out are now just as important as the stimulus checks are and just as important as the stimulus beef is it's just as important for you guys to actually Sign up for we've all down below in the description, don't forget to check that out. If you guys deposit $ 100 aka a Benjamin there's a chance, you can win two free stocks and one of one of those haha one of those stocks can be valued up to $ 1400 and not mean to do that. One of those stocks can be valued up to $ 1400.
Don't forget to check that down below free money. If you don't like it, I recommend just uninstalling cashing it out. Put it back in your bank. Account do your thing, but that is my video right there.
You guys thank you again for a hundred thousand subs. I got my oh geez out here if you guys have not yet followed me on Instagram. Let's do that so guys. That was my video.
Like always, I love you guys and I'll see you guys. The next one peace, more people.
What about only the people who are working get a check, if your unemployed you are already receiving additional funds.
I think its a 90% chance for a stimulus. However I think 1200 is such a small amt. It will not stimulus the economy. Most people will spend it on food, catch up on bills, and hold on to a few bucks like its gold nuggets. Most people are too unsure of the future.
The only thing that I know they are doing and I hope not he seems like he’s going to continue to happen they’re going to keep going around the bushes they are going around and around and around and around and nothing is done I hope that he will be true but I still have my doubts that this is going to happen soon there’s no progress for this stimulus check to come directly to our hands. But I hope you’re right
Even if the Economy Opens ?
There's No money to spend cause everyone is in Serious Debt Right Now .
It will take at least 6 months to see any improvement .
What basically the Senate is doing is Prolonging to See how the Economy Goes before giving Any Of Our Own money to Us ?
Just Remember these Old Fart Senators when it comes time to Run again for office .
This is coming from a lazy person, I want to go back to work. I’m tired of hearing my neighbors kid falling and cry every 2 hours
We should have already received 2 checks by now! This is disgraceful!
Definitely not passing, they don’t care about us poor , disabled folk…….
Brian, many young people are getting this large amount of unemployment, and if a family has 3 unemployed, that's 3600 a month that they are probably wasting it on other things not important. The money should be for head of household, single parent, joint couples, very careful with whom it goes to.
I think we get another stimulus check by mid to late June,the unemployment is still on the rise it may decline some but its high.
BTW: DOA (dead on arrival) in NOT a new term. Youngsters may not be familiar with that term, but the mature audience knows. 👏🏾👏🏾
Senate and House Congress : when they make decision on the stimulas check of $ 1,200 or $ 2,000 check make up your mind which 1 to GIVE to the tax payers . i am TIRED of hearing it already . other you HELPED a tax payer or NOT .
If taxes are paid to fund government projects, for example roads… People are not driving right now so roads are not a priority to be fixed. The government could allocate those funds collected for projects that are inactive/on hold due to the pandemic and give it back to the people… Our tax money paid for it, why can't we use it?
A mall opens up after weeks of being closed .
Hardly any people show up.
I Agree Stimulus for Americans people, Because people are the TAXPAYERS and Americans people need Help NOW.
I'm sick of this "government". It's a joke.
There is a couple other guys on YouTube trying to the same as you. I choice you because you give good info plus you are very entertaining
This second stimulus check needs to happen quick . I applied for unemployment and they only giving me 207 per week which is not enough for a family of 5
Isn't the stimulus individual check part like 1/10 of the bill. It seem like they could send out the 1200 out before they even agree on the bill.
I think we have a 10% chance of getting anymore direct payments. Trump does not want to hand out anymore for the people, he expects everyone to be back and working, that's why he is in no hurry for the Senate to discuss this next bill. He even said that maybe a better idea is to give a $500 tax credit based on your restaurant receipts. Who can afford to eat out…and where are the restaurants even going to be open? Michigan has forced the auto plants to open this week, the auto parts suppliers went back already last week. But those employees are under such high stress levels and don't even want to be working at this point, a lot of unhappy workers. Trump figures by the middle of June, it will be a moot point, as everyone will have paychecks again. That's just a pipedream and maybe he will loosen the pursestrings when he realizes people need more money so they can stimulate the economy. Just my observation.
The huge thing that people are missing is the add ons
I think it's D.O.A. they gave us this stimulus to be nice…but it's time for the government & economy to open up and get back to work
I believe they will hold out until fall and winter when the outbreak may come back again. We are opening up for summer they aren't going to approve it. 0%
I hate being at home. I have become so lazy. There is nothing to do. Would love to go back to work
If you just buy your needs and not your wants you would not need this last one most folks bought TVs. Tired and rims and furniture crazy. Thinking
Listen up my fellow Americans November is where and when we can change things. They don’t care about us! Their all working or pretending like they are. But let’s see to it they’re unemployed come November!!
The first thought should have been
would have neen to give a first check of 2,000$ then 1,ooo per month for 4 months then this would be the end of all stimulas. But if we have to live through this mess no $$ then the
Goverment should also not get paid
while we are in this pandemic. They should all stay home and deal with no $$ to live of of because of no jobs.
I say everyone who becomes homeless because of this pandemic and because we cant get no help from our goverment that ripp of the hard working American people who made them who they become in life
We who become homless we should all move our selves & belongings to
Live in Washington.
I have no benefits but a social security will I get a check
In my opinion, the fact that we are guessing about the possibility of a second check speaks to what a sh*t storm in dumpster fire this public heath crisis has become. We’re still getting confusing and contradictory from from the executive branch. And the majority of the ppl hoping for a second check are the same ppl who feel compelled to participate to in the reopening to survive financially. The long ago promised mass testing has yet to arrive in time for ‘this reopening, so ppl will be flying blind. The nation will not be better off economically if we experience a resurgence of rapidly increasing breakouts. I just hope ppl learn from experiencing the reopening resurgence.
SInce not ONE Republican in the Senate supports a second stimulus payment, the chances are ZERO.
I believe that we do need one. But, I am 50/50 on this stimulus check thing. I know that we need a $2,000.00 stimulus check.. I know that the Treasury Secretary is saying that he wants all people to return back to their jobs..
Hi Brian🙋Just read from Forbes that we're going to get only another $1,200 stimulus check. Better than nothing🙄A no go for the $2,000 a month deal
😞Check it out and hope u make a video showing that we're just going to receive that and that is that. Didn't say when but as always, they're taking their sweet time😬Idk if to be sad🙍 or 🤔disappointed…😐Oh well, going back to see wat I can do.🙆
lol. boxing. well you could do a video game match. say mortal combat tourniment
I've been paying taxes for 42 years without question. Now millions of people are suffering through no fault of their own and look what these horrible politicians are doing.
Look they should kick everyone off unemployment I'm still working everyone can to or find some type of income that's life people wouldn't have no choice but to go to work we all can use the stimulus hope it past I got Bill's as well god bless
I'm not really sure if this will ever be seen, but I was understanding how this previous bill would work if approved was that adult dependents would qualify for 1200 this round and retroactive 500 from the last round, but that it will still not come to us as adults. It will go to the person who claimed us on their taxes. Why would it not come to us as adults? Not every condition means that every adult dependent is 100 percent dependent on daily care. We still have to live our lives, but we can be claimed by a parent or other relative if they help us out during the year to give them some tax breaks as well. But, as I am sure their are honorable people who will give the adult dependents their money, there will be many and I mean many who will not and we will never see a dime of it. Legally, there's nothing we can do. So, my question is, if adult dependents are being included in the next round (if and when there is one), why is that money not being deposited into our personal ssdi accounts and instead going to be given to the person who claimed us?