Yo, what's going on, you guys welcome back to another video, so I know right now, with the heroes act, we're seeing so much news and it's definitely occupying a lot of people's heads and one of the questions that comes to mind is whatever happened to that $ 2,000, a month stimulus check. This was the talk of the town on YouTube and in the news for the past two weeks and all of a sudden, it seems like people are settling for less with this $ 1,200 check instead, so what I'm gon na do in today's video is share with You guys exactly the reason why that $ 2,000 stimulus check is not really getting focused on anymore. Is it gon na happen? What should we expect moving into the future? These are all questions that a lot of you guys have right now. So hopefully I can do a good job at answering it and giving you guys some value in this video.

So let's get started right away. Okay to start out, let's do a recap, just in case anyone is forgotten. We had three different proposals for the $ 2,000 a month stimulus check. The ABC Act was one of the acts where you guys could actually potentially get a debit card preloaded.

So originally it would have $ 2,000 on it and then, every month after that, you'll get $ 1,000 for the whole year or depending on how long this crisis actually lasts for the other one we had was the emergency money for the people Act, and then we Had the monthly economic crisis support act, I'm not gon na go into full details, because I did make some videos previously on my channel talking about the details of this bill. I don't think we got a deal full recap, especially because they are not progressing right now, and a lot of our priorities are with the heroes Act. Each one of them had their own benefit and, I would say their con as well like some of them. You could be 16 years old and still get a $ 2,000 check every single month, they're, actually extending the income requirement pretty significantly, so each one of these bills has their own version, but the common theme that we would see between all three of them is that You get $ 2,000 at some point: okay, whether it's in the initial beginning or you get $ 2,000 a month.

People would see $ 2,000 as a bare minimum. So whatever happened now, after doing some more extensive research on just the principle of how much these bills would actually cost, I started to get a better idea on why this may actually have not been too realistic. Keep in mind the politicians right now in office really want to throw the glitter at the people, meaning they want to be able to say just. Can you guys give me $ 2,000? It's pretty much like a TV infomercial.

Just imagine you waking up to having another $ 2,000 in your life. You already got a swarm hundred-dollar check before. Imagine another $ 2,000. Your kid will get it.

Your grandparents will get it everyone this is. They really want to bring people's hopes up, but then they don't talk about the realistic cost of these things where, if it's not realistic - and it doesn't make sense at all - it's not gon na pass. So, starting out to give you guys a perspective on how much these bills would have actually cost. The $ 1,200 stimulus check was an estimate of two hundred and fifty billion dollars.

Now that seems like a little drop in the bucket compared to the two trillion dollars worth of the whole cares Act we have and how much money we're giving to the corporations and and state and local governments and different departments that we would never expect people to Get that much money, but we have to realize 250 billion - is still a lot when we're talking about the different proposals that we saw. It is a significantly way more than the 250 billion dollars that it cost it for the $ 1200 stimulus check. So doing a little bit more research here are the numbers that I was able to find so starting out the ABC Act. This wouldn't cost us three hundred billion dollars, four hundred billion five hundred eight hundred billion the ABC act in that current form of the bill.

With no adjustments was actually getting, it was actually looking to get it like. I can't even it was supposed to cost upwards of ten trillion dollars. That's more than our whole cares Act combined and I feel like no one actually said the reality of these costs. People are so blind by us getting money and how awesome it would be for that to happen.

But then we really look at the ideal like how much it would cost the government upwards up to 10 million dollars. The ABC act is calling for $ 2,000 a month payments made at least 10 months during the period with an additional $ 1,000 a month payment for the next 12 months, and on top of that US citizens, residents and non-resident aliens who were in the US for More than three months all qualified for this, so we're talking major shifts, and this is - and this is an email with the cares Act as well we're talking about the proposal like the emergency money for the people's act. This would have costed more than the entire cares Act. This was actually estimated to be about point five trillion dollar the monthly economic crisis, support act.

This was the one that was passed by Bernie and his homies. This is a tax rebate program. This is the one that went retroactive, so for all the months that we didn't receive a check. We were supposed to get compensated for that.

This was two thousand dollars a month as well. This is the latest one that we saw before we heard of the heroes Act. This was supposed to be in excess of three trillion dollars in the entirety of the cares Act. So we see the reality of how much these bills actually cost, and then, if we ask the question yo Brian, how come we're not seeing the $ 2,000 check news anymore? How come that's not unheard of it's it's because at the current form of those bills, they were just so unlikely to actually get passed.

It's just people didn't want to say that people didn't want to bring people's hopes down, but that was the reality of the situation. During the whole entire time now, cost is not the only thing, because you know the feds printing money like crazy right now: they're borrowing, corporate bonds and and they're doing all these things. In order for us to get additional money and within these individual bills to they, they were doing things like like trying to get platinum. If you guys, remember that, trying to get the government to mint more platinum to add more currency and the government was definitely formulating a lot of plans for us be able to get on with these bills without having to go further into debt.

And I do believe they were pretty creative with those ideas, but it doesn't matter how much money we print or how much money we go in debt. That amount is still the same. It's still a very, very significant amount in the grand scheme of things now, aside from it being expensive, there still were other components on why I believe the $ 2,000 a month just was not completely realistic, and one of them is the fact that it didn't prioritize. A lot of the concerns that each of the parties within our political states had so when we're talking about the Democrats and the Republicans, everyone has their own agenda to get additional things passed.

If you guys keep up with the news. You'll know that President Trump really wants the payroll tax cuts. He wants that so bad. We want small business, support and Democrats.

They want a whole bunch of things. I mean just think about the 1,800 page hero's act of all the things that they're looking to get, and I know they're exaggerating some of the things in there. But this is all part of the negotiation tactic, and this is why there is so much additional stuff. Regardless, if we put that aside, we can confidently say each party wants their own thing.

They want different things outside of people just getting a monthly economic bill, so this is another reason why I believe it did not pass with the 2000 dollar amount. Now, in addition to that, I do believe that there really is one more additional rule and that this could be the fact that the $ 2,000 stimulus check. I do believe that everyone should get this. I do believe that this is a pretty fair amount, but when we're talking about the reality of the situation with how much people normally make and then the benefits you get with unemployment, if you're also receiving that people out here would be making a ton of money.

So if you have a household with three kids already and you have a wife and then you get $ 2,000 for yourself $ 2,000 for your wife and then you get your three kids and if we're talking about the latest $ 2,000 month bill, that was $ 10,000 a month and then, if you also have unemployment benefits on top of that, that can be an additional. I don't know 15 $ 20,000 a month for your family. You know, depending on how much benefits you get where you live and really what you take advantage of but say on average, okay, maybe not 20,000 say on average, you were getting $ 15,000 a month solely from the government, with all the benefits for your family. That can be borderline.

You know just a little bit too much a six-figure salary off benefits are free from the government. I feel like imagining that and knowing that could be the circumstance if a bill like this went through. That's really when the idea of inflation starts. Bringing up again - and I know we're in this crisis and there's a theory that inflation is not gon na happen, because we are in deflation right now, because no one wants to spend yada-yada yeah if people are getting $ 15,000 a month and every single family out Here is making a six-figure income from the government.

I would expect eggs to go up in price. I would expect a milk to go up in price. I would not just expect things to completely stay the same when everyone is making so much money. So I think that is really another big component just of how much this cost, I feel like different ways for the government to be able to combat that is to reduce, maybe the income cap on it.

So if you're making $ 80,000 a year, you really shouldn't have to qualify for making more than that or trying to focus and prioritize on how other people would actually get this benefit with the heroes Act. They're trying to do that or try to make this a bit more realistic. They did reduce the 2000 dollar amounts of 12 hundred dollars. I don't believe the $ 1,200 amount is nearly enough.

Other youtubers will disagree, saying that should be more than enough. Once you add everyone up reading the comments, knowing the situation and knowing how long this crisis may actually last for $ 1,200 is not nearly enough. I do believe it should actually be more than $ 2,000. In my personal opinion, depending on the household and where you live, but that's my thoughts on it so guys this was my video.

Hopefully you guys were able to get a better idea on why people aren't actually talking about that $ 2,000 stimulus check again. It's not that people we're just hyping it up in the news or hype, and then the the Congress was hyping it up. They wanted things to go through, but I feel like there was. They just wanted people to be occupied with something a little too good to be true during that time, instead of focusing on the actual realistic situations of the circumstance that we're in now guys, I do have a question for you.

Please leave it down below in the comments. Do you think the $ 2,000 check is enough like? What do you guys think? Does it cost the government too much? Do you guys think that it's worth it? Do you guys think us, as taxpayers, who have been paying taxes to the government, probably our whole life ever since we started working? We deserve this type of support if it's gon na cost the government this much whatever it's gon na cost them this much. We should still see our support in order for our country to survive so guys. This is my video.

Let me know down below in the comments. Are you in favor for the $ 2,000 a month? Do you think we should get more? Do you think we should get less or are they wrong? Are we right? What are your thoughts on this so definitely curious to hear that, like always, you guys don't forget to drop a like on this video, if you guys have not yet already, we are quickly approaching 100,000 subscribers and I just want to say thank you guys, all so Much, I know there's a lot of new people out here, just watching me on this platform, and I just want to say thank you guys, all so much like always don't forget to check out the links down below as well. If you guys want to have a chance of winning a free stock, actually two free stocks again with we Bowl one valued up to 1,400 dollars. If you have a spare a hundred dollars laying around right now is a pretty good time to invest.

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