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House Representatives today introduced a new stimulus bill called the Emergency Money for the People Act. This plan, if implement, would release monthly stimulus to all Americans at least 16-years old as of January 1, 2020. The stimulus amount would be $2,000 for anyone 16 years or older which now solves the college-student loophole in the Cares act and the senior dependent issue as both would now qualify. It's not clear if those who are NOT residents or citizens would qualify (e.g. those with ITEN numbers). A married couple filing jointly with 1 or 2 children should expect $4,500 per month. A Married couple filing jointly with no children would expect $4,000 per month. A single person should expect $2,000 per month. A married couple filing jointly with 3 or more children should expect $5,500 per month. IF approved payments are to be made within 14 days of the act passing with a new toll-free number and option for Zelle, Paypal, and Venmo deposits. In addition the Emergency Money for the People Act suggests that this money will NOT be taxable. Income limits / phase outs begin at $130,000 for individuals and $260,000 for couples filing jointly.
This bill has not yet been passed and there may be many modifications to this. However I recommend following it closely. It's the Emergency Money for the People Act.
Is the the second round of stimulus payments? Possibly. Congress is currently fighting and debating an additional $250 billion to support small businesses via programs like the Paycheck Protection Program, HOWEVER this Emergency Money for the People Act (EMPA) is SEPARATE from that fight and we might see many more checks coming our way signed by Donald Trump.
Unemployed people would be eligible for this second round of stimulus.
2019 tax-returns would be used to determine your eligibility unless you haven't filed, then 2018 would be used or your social security information.
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By Stock Chat

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23 thoughts on “New stimulus package in congress: $2,000 per month! details”
  1. Avataaar/Circle Created with python_avatars Gerald McGuire says:

    Thanks Kevin .they did it again! Their solution to false claims has overlooked the fact that nonefilers on SSI, SSDI got screwed !! Left right the same! I'll not vote for either as long as covid 19 runs this country! Fully vaccinated!

  2. Avataaar/Circle Created with python_avatars sane saint says:

    11months ago. Lol

  3. Avataaar/Circle Created with python_avatars Myanmar AHla says:

    NOTE (03/22/2021 @ 02:00 am ; EST, USA): A CRIMINAL Computer HACKER, has REPEATEDLY DELETED my COMMENTS at U-TUBE, for being Envious, Jealous, Greedy & Evil. CRIMINAL SUSPECT is Myo Kyaw / Chau Htun & his CRIMINAL NETWORKS, since the year 2004, for more than 17 years.

    STIMULUS PAYMENTS # 004: Monthly $2,000 + Monthly Social Security Income (SSI) Increase $200:

    THANKS very much for our US Presidential Team (JOE BIDEN JR.), Approving and Signing Covid-19 Relief, Fourth Stimulus Payments, A Monthly Amount of: $2,000 + Monthly SSI Increase $200, which I have NOT Received to-date on Thursday, 03/25/2021.

    These Stimulus Payments have been ANNOUNCED Repeatedly with Videos, on The Internet, for many, many months. I have Received my 2nd Stimulus Payment Amount of $600.00 on 01/04/2021, after Waiting for 8 ½ months, since my 1st Stimulus Payment Amount of $1,200, on 04/29/2020, and my 3rd Stimulus Payment on 03/17/2021, for the Amount of $1,400. Thanks very much!

    Please Process & Post Directly to my Federal Government Account, for my 4th Stimulus Payment, a Monthly Amount of $2,000 + SSI Monthly $200 IMMEDIATELY, because I need the FUNDS to Pay for my Cost of Living Expenses [Tithes & Offerings, Housing, Storages, Garages, Rents & Renter’s Insurance); GAP Insurance, Home Security Alarm Systems, Bank related Expenses (Safety Deposit Boxes & Fees), Transportation (Car Payment, Insurances, Maintenance & Gasoline); Food & Drinks, Clothing, Health Insurances (Vision, Dental, Medications, etc ..), Family Members & Friends (Birthdays & Holidays), Gym (Annual Fee & Membership), Donations & Charities, Savings for Children, Emergency Funds, Credit Cards Annual Fees, Presidential Contributions, etc , and my Deceased Mother‘s Expenses]. My Mother DIED on 05/08/2020, at her Chinese Age of 97.

    In ADDITION, EACH STIMULUS PAYMENT which has been DISTRIBUTED by The US TREASURY DEPARTMENT needs to be AUDITED by The INTERNAL AUDIT DEPARTMENT of The US TREASURY DEPARTMENT, to DETECT THEFT, FRAUD & PERSONAL IDENTITY THEFT of STIMULUS PAYMENTS. Our USA Presidents Joe Biden & Donald Trump have Approved and Signed, at The Oval Office, many TRILLIONS of USA Dollars of STIMULUS PAYMENTS to USA Citizens, since 12/2019. We need to have an ACCOUNTABILITY as to WHO have been Receiving the Stimulus Payments.

    If you have any Concern, Question, or Problem, please CONTACT me IMMEDIATELY.

    Sincerely,
    Miss Lois Jane Lee,
    Former Employee of The US Treasury Department;
    Government Services (G.S.) Level 13 – (1990-1991):
    Financial Services Department (FMS – Electronic Certification System -1990), and
    The Internal Revenue Services (IRS – Senior Technical Staff – 1991)

    Phone: (740) 322-3601
    Email Address: ljtlee003@@t, OR, MYLoisJaneLee@@t
    Mailing Address: P O Box 105, Newark, OH. 43058-0105, USA.

    Date: 03/25/2021 @ 2:00 am (EST, USA).

  4. Avataaar/Circle Created with python_avatars Leroy Talley says:

    When

  5. Avataaar/Circle Created with python_avatars Christopher Wayne says:

    1.3 trillion dollar loan that has to be paid back with interest by the future of America. The last time they did this most the money was wasted on other countries and lost causes and that has to be payed back also with interest for Communist China is loving America fall into self-destruction supporting everything Biden going to do to America while under a chemical easy attack through using U.S. freedom of covid 19 without any protections like 9/11 but with supplied U.S. freedom and free planes for bombs! Americans love using unprotected freedom to self-destruct themselves it's greatest weakness!

  6. Avataaar/Circle Created with python_avatars Anthony Richie says:

    9i

  7. Avataaar/Circle Created with python_avatars KANTHOEUN CHHOEUY says:

    Old one right

  8. Avataaar/Circle Created with python_avatars Laurie says:

    Our country already has too much debt! This will destroy us, our economy. We just need to get back to work!!!

  9. Avataaar/Circle Created with python_avatars Lori Severo says:

    I pray that that $2,000 check a month will pass so I can pay off everything else that I owe I live by myself I live on disabilityand I hope Congress and Republicans could get together and pass this bill for the people of the United States

  10. Avataaar/Circle Created with python_avatars Lori Severo says:

    yes when I received my first $1,200 stimulus check that first day it was gone because I was paying up on all of my bills and within hours that check was gone and I had no money left I did not go out and blow any money or do anything except pay bills and most Americans probably go out and blow

  11. Avataaar/Circle Created with python_avatars Lucy Chiarello says:

    Are retirees going to get the $2,000 a month also please reply thks

  12. Avataaar/Circle Created with python_avatars cookies says:

    We have to pass something like this

  13. Avataaar/Circle Created with python_avatars Righteous Apple News! says:

    The poor folk will turn it down and the rich will say gimme double. trump knows if u give the poor folk a 2000 dollar check they will live on it for the next ten years and never work. So he decided its best if him and his bed fellows kept it all instead.

  14. Avataaar/Circle Created with python_avatars Dave S says:

    Since when did we become a full socialist country? This is not sustainable. Inflation will run out of control further devaluing the dollar which will lead to costs of items going way up. This all while farmers are burning crops and oil production cut to lowest level I can remember… Not good.

  15. Avataaar/Circle Created with python_avatars wiseman says:

    Hi Kevin, thanks for all the wonderful info you're sharing. My friend did not file 2019 returns yet, however IRS already sent him the initial stimulus check based on his 2018 returns. His 2019 income is far less than 2018 income and he would have received larger stimulus check had IRS processed based on his 2019 return. Is there a way he could tell IRS to top up his stimulus payment based on his 2019 reduced income once he files his 2019 returns?

  16. Avataaar/Circle Created with python_avatars Brandon Webster says:

    A lot of people won't go back to work if it passes I also think this is just a diversion just to have some discussion on till everything goes back to normal with no intention of ever letting it pass on neither side

  17. Avataaar/Circle Created with python_avatars Deborah Vanburen says:

    Thank you for that information.

  18. Avataaar/Circle Created with python_avatars Kenneth Cook says:

    I like the way this sounds, even though it goes into the debt house ceiling and we're way pass over spending our budget, to the United States treasurer! At least it will help some people and not just hurt people, because everybody can use some extra money!

  19. Avataaar/Circle Created with python_avatars Darlene Powell says:

    I like the extra money

  20. Avataaar/Circle Created with python_avatars jenny gonzalez says:

    Yea want

  21. Avataaar/Circle Created with python_avatars Ryan Holan says:

    What if you have back child support . no one ever talks about the people that owe

  22. Avataaar/Circle Created with python_avatars Ginny trudeau says:

    I miss coughing!

  23. Avataaar/Circle Created with python_avatars Maria Luisa Abraham says:

    Thank you 😊❤️🇨🇿

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