As the $2 Trillion Dollar Stimulus Package nears approval, here’s what this means for you, and how to claim your potential $1200 - enjoy! Add me on Instagram: GPStephan
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So, here on this channel, I don’t typically cover news-related content on current events…unless it has to do with the Stock Brokerage Drama between Charles Schwab and Robinhood…but, this topic today is a SIGNIFICANT and UNPRECEDENTED event, that’s happening RIGHT NOW…and it’s important enough to discuss, because this will MOST LIKELY DIRECTLY affect the majority of you watching my channel…so, you’ll want to listen closely…and not forget to smash the like button for the YouTube algorithm…because you might soon be getting a FREE $1200 from the government…and this is why.
The $2 trillion dollar package in place today is going to be broken down, as follows, pending final sign-off:
First, about $250 Billion Dollars is expected to go directly into the pockets of individuals and families. Each eligible adult will receive up to $1200 from the government, and the amount would go up by $500 for every eligible child in the household. Married couples can receive $2400 up to an annual income of $150,000, as well.
This package also includes a MASSIVE expansion of unemployment insurance, which increase the maximum unemployment benefit by $600 per week, to ensure that laid-off workers, on average, will receive full pay for FOUR MONTHS. This could be EXTREMELY valuable, especially considering that GIG WORKERS are now be eligible to take advantage of this benefit - something that’s never been done before.
In addition, the plan also calls for a MASSIVE Cash Infusion for the Health Industry of $130 Billion Dollars.
States and Localities are also set to receive another $150 Billion Dollars to set up further infrastructure to help get them through.
A LARGE chunk of this money goes back into businesses….one, is that this package reportedly includes a $367 Billion dollar Fund for the small business loan program.
There have also been talks that, while many of these loans WILL have to be repaid, there will be interest free options, and companies with 500 or fewer employees could tap up to $10 million dollars each in forgivable small business loans to keep the paychecks flowing to their employees…MEANING, if companies oblige by the terms of the loan for a set period of time…they don’t have to pay them back.
Next, is a $500 BILLION DOLLAR Loan for larger businesses who were hit hard, like the Airline Industry. Now, part of the stipulation with this is that - if these larger companies take the bailout money - they will be PREVENTED from using any money to buy back their own stocks for the first year, or use it towards executive bonuses. This loan will also be heavily scrutinized and monitored to make sure it’s being put to appropriate use, as well.
And, as far as the impact goes to our entire economy…obviously, so far, the stock market likes it, and it’ll only be a matter of time to see how this plays out long term. It would make sense that, perhaps we start to see further inflation, as more money gets pumped into our economy. BUT, I also feel like - once this blows over, things could begin returning to normal relatively quickly.
This is also just a REALLY good reminder to always save your money, even when times are good, and even when you don’t think you need it. Sometimes, things like this happen - and, it’s up to us to do our best to prepare for them when, and if they happen. Keep that 6 month safety fund, save your money, and smash the like button for the YouTube algorithm.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

By Stock Chat

where the coffee is hot and so is the chat

30 thoughts on “How to get $1200 for free! the $2 trillion dollar bailout”
  1. Avataaar/Circle Created with python_avatars Mike D says:

    Great video! I love the editing in it.

  2. Avataaar/Circle Created with python_avatars goose goose duck and the rats fan says:

    I am a kid subscribing to this 👧 but yeah and 😃😀🙃🙂☺️😊😏😌😉🤩😆😁😄😃😀

  3. Avataaar/Circle Created with python_avatars God Says says:

    Nice job

  4. Avataaar/Circle Created with python_avatars Telencephelon says:

    Graham a pause button would only work if we had a world government. Take a hard look at the US or Europe, where each state cannot agree on anything….on even the tiniest things like education.
    And why is that. Probably because there is a sensible reason. People from different cultures and different geographies have different needs, even more so now with a virus that is spreading and did not hit the entire surface of the earth at once.

  5. Avataaar/Circle Created with python_avatars John Frederick says:

    Have you tried to come back in contact with your high school band recently? Also, it would be cool to see a bonus drumming video, or maybe even another youtube channel entirely dedicated to that.

  6. Avataaar/Circle Created with python_avatars glaThicFlaKe says:

    How come i still haven't gotten my 500 dollars yet please respond i live in Connecticut

  7. Avataaar/Circle Created with python_avatars Finance and Fitness says:

    $1,200 sounds great until you think think about where it comes from…

  8. Avataaar/Circle Created with python_avatars Amiles Etienne says:

    Why are people getting demonetized for saying "coronavirus"? tf

  9. Avataaar/Circle Created with python_avatars Marcela Pasut says:

    Q: When you filed together with your spouse but one of them has ITIN number. Will they still receive $2,400? Thanks

  10. Avataaar/Circle Created with python_avatars Alexander Palumbo says:

    I promise you’re my doppelgänger lol cant tell by the old pic.

  11. Avataaar/Circle Created with python_avatars Cyriss Smith says:

    Too much of this isn't telling me how to get my money. I dont care why or how they're paying me, I just wanna know how to get it

  12. Avataaar/Circle Created with python_avatars Bret Depp Unit says:

    I love his videos but this was kind of clickbait. He did not tell us how to get $1200 for free.

  13. Avataaar/Circle Created with python_avatars Juan Enriquez says:

    does this apply to military members, considering we still get a paycheck?

  14. Avataaar/Circle Created with python_avatars VIPERDGX says:

    Polosi stole 1 trillion for democrats in gov 250 million for jfk art musuem she want free abortion pelosi n democrats dont care if you die

  15. Avataaar/Circle Created with python_avatars Mrstates Theobvious says:

    What if you aren’t working?

  16. Avataaar/Circle Created with python_avatars TJ Labbee says:

    Why don't head of households who have dependents over the age of 18 get anything extra?

  17. Avataaar/Circle Created with python_avatars Mohamad Ghannoum says:

    I started work in US as a US Citizen in March 2020, and I pay all my taxes, am I eligible?

  18. Avataaar/Circle Created with python_avatars Bram Copermans says:

    Gotta love being a European…guess I'll just keep working for that 1200 dollars haha

  19. Avataaar/Circle Created with python_avatars 4ElementGirl says:

    Hello

  20. Avataaar/Circle Created with python_avatars Sanam Thakuri says:

    What if i just started working on 2020? Am i eligible?

  21. Avataaar/Circle Created with python_avatars HawaiisFinest says:

    I forgot you played drums! I love DW. What kind of cymbals do you play?

  22. Avataaar/Circle Created with python_avatars Pink Elephant says:

    Time to change the set Dracula. Get some real lights!!! And a tan. Hot and smart goes with outdoors and stimulated.

  23. Avataaar/Circle Created with python_avatars Duke Bozikowski says:

    What abt college students who are still dependants?

  24. Avataaar/Circle Created with python_avatars Hannah Kaye says:

    Posted 6 days ago and I literally just now got a notification…

  25. Avataaar/Circle Created with python_avatars Hugo Villalobos says:

    Funny thing, this is not free money. The $1200 will be deducted from your regular deductions when you file for taxes for 2020. The government will not just give us $1200. It is basically an advance tax return. Therefore, if at the end of the 2020 year you were to receive 5000 in refunds, now you will get 3800. Funny huh? 🙂 — Nothing is free, nada, nil.

  26. Avataaar/Circle Created with python_avatars 31tmdavies says:

    Do a show about Iflip. I'm curious about it

  27. Avataaar/Circle Created with python_avatars InnerBeing says:

    Could you cover the 10,000 dollar stimulus package forgivable loan

  28. Avataaar/Circle Created with python_avatars v4vendetta37 says:

    IMO this should only apply to people who have lost income

    Seems weird if someone is still working and making 70k and the government is giving them a stimulus cheque when they’re doing the same as before the virus happened

  29. Avataaar/Circle Created with python_avatars Falcon Arrow says:

    Great job Graham, thanks

  30. Avataaar/Circle Created with python_avatars JoyFul Rhythm says:

    I filed for my taxes but I’m still a dependent college student that’s under my joint filling parents. Will I get anything ?🥺🥺

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