Sorry, Republicans Refuse To Budge On Second Round Of Stimulus Checks article on Forbes right now is spreading MISINFORMATION to the American people. Let's talk more about whats ACTUALLY going on in the congress.
#SecondStimulus #StimulusUpdate
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Cited Article Intro Text: (Full Link Below)
"No, There Is Not Growing Support For A Second Stimulus Payment
I hate to be the bearer of bad news, but here it is: there is no growing bipartisan consensus to issue a second stimulus check, whether a one-time payment or a monthly, recurring payment. Republicans are stymieing efforts and, given their control of the Senate and the White House, the concept is as good as dead without their backing. If anything, recent Republican commentary has coalesced against a second round of direct payments.
Yes, Another Payment Would Be Incredibly Impactful
While the first round of stimulus payments - $1,200 for individuals, $2,400 for those filing jointly, and $500 for each qualifying dependent child - was crucial for many Americans, it wasn’t enough. A Bankrate survey found that 55% of respondents anticipated that economic impact payments would sustain them for less than three months. Another survey, conducted by SimplyWise in mid-April, not only reinforced this point, but also underscored the predicament many Americans are in; 63% responded that they would need another stimulus check within three months.
Almost immediately following passage of the CARES Act, new proposals for additional direct aid to Americans started popping up. Most recently, there has been increasing Democratic support for a proposal that Congressmen Tim Ryan and Ro Khanna had put forward in mid-April, the Emergency Money for the People Act, to provide $2,000 monthly payments to qualifying Americans.
The operative word, however, is “Democratic.” Adding 10 Democratic co-sponsors to a Democrat-sponsored bill is not going to move the needle without support from the other side of the political aisle; it certainly doesn’t signal increased consensus for a second stimulus check. It is the equivalent of a husband thinking that new support from his ten best friends increases the likelihood of winning an argument with his spouse; or, in the political realm, the same as more people in California, a state that awards electoral votes on a winner-take-all basis, announcing in 2016 that they were voting for Hillary Clinton."
https://www.forbes.com/sites/shaharziv/2020/05/05/sorry-republicans-are-not-about-to-give-you-a-second-stimulus-check/ #6bd1a22b52d9
Follow me on Instagram: @Creditbrian
#SecondStimulus #StimulusUpdate
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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.
Cited Article Intro Text: (Full Link Below)
"No, There Is Not Growing Support For A Second Stimulus Payment
I hate to be the bearer of bad news, but here it is: there is no growing bipartisan consensus to issue a second stimulus check, whether a one-time payment or a monthly, recurring payment. Republicans are stymieing efforts and, given their control of the Senate and the White House, the concept is as good as dead without their backing. If anything, recent Republican commentary has coalesced against a second round of direct payments.
Yes, Another Payment Would Be Incredibly Impactful
While the first round of stimulus payments - $1,200 for individuals, $2,400 for those filing jointly, and $500 for each qualifying dependent child - was crucial for many Americans, it wasn’t enough. A Bankrate survey found that 55% of respondents anticipated that economic impact payments would sustain them for less than three months. Another survey, conducted by SimplyWise in mid-April, not only reinforced this point, but also underscored the predicament many Americans are in; 63% responded that they would need another stimulus check within three months.
Almost immediately following passage of the CARES Act, new proposals for additional direct aid to Americans started popping up. Most recently, there has been increasing Democratic support for a proposal that Congressmen Tim Ryan and Ro Khanna had put forward in mid-April, the Emergency Money for the People Act, to provide $2,000 monthly payments to qualifying Americans.
The operative word, however, is “Democratic.” Adding 10 Democratic co-sponsors to a Democrat-sponsored bill is not going to move the needle without support from the other side of the political aisle; it certainly doesn’t signal increased consensus for a second stimulus check. It is the equivalent of a husband thinking that new support from his ten best friends increases the likelihood of winning an argument with his spouse; or, in the political realm, the same as more people in California, a state that awards electoral votes on a winner-take-all basis, announcing in 2016 that they were voting for Hillary Clinton."
https://www.forbes.com/sites/shaharziv/2020/05/05/sorry-republicans-are-not-about-to-give-you-a-second-stimulus-check/ #6bd1a22b52d9
Follow me on Instagram: @Creditbrian
So i recently went on google and i just punched in second stimulus check. Second stimulus check, update and this article keeps coming up by forbes, which was done by this guy named zaheer shahir ziv, okay, and he did an article on forbes and basically, the title of this article is sorry. Republicans refuse to budge on second round of stimulus checks. If you guys do a little bit of research, you'll find that this article is actually trending right now it has about 930 000 views, which is pretty insane for a topic like this.
Now. What i'm gon na do in this video is actually go through. This article talk about what this guy is saying and tell you guys a couple things that you guys need to know because key point right now and pretty much. The preface of this video is gon na, be there are gon na, be a lot of people trying to take advantage of misinformation right now on the web sources like forbes and other news agencies are really going to throw in a lot of politics.
A lot of bs into this situation and try to persuade readers in one direction or another when they have no idea what they are talking about. So my job really on this channel is for me to break down a lot of this bs that is out here. I really don't want any of my subscribers out here to be misinformed or think, oh just because of republicans we're not going to get a second round of stimulus checks, so much stupid things, and before i get started with this article too, i always like to read Whoever is the contributor or the writer for that article just to see where their background is and, interestingly enough, shaheer ziv's actually been writing a couple articles for forbes lately he's the founder of this company called acing your finances and he's worked with other universities. I guess just teaching people about money and stuff, but with forbes he's, definitely had a good amount of articles posted.
But one of the things that you guys will notice is that there's a lot of inconsistencies with his work, especially when it comes to not involving politics, because in april 28th, which was, i would say about a month ago, a glimmer of hope emerges for a second Stimulus check now, it's sorry republicans refuse to budge on second round of stimulus checks or we go through other things, and it just involves different politicians. Schumer tries to tame trump's ego, prevent president from branding additional stimulus checks, stop criticizing harvard for receiving nine million dollars in stimulus, money, blame congress, and then we look at his page and then what what do we find? Oh he's. I've worked with harvard in the past and then we go through other articles that he's done and it just there's so many red flags and to me it's like people look up to forbes as a reliable source, and i'm gon na have to say guys be very Careful about a lot of these news sources now i you know, i'm really just a nobody, but even your boy was able to get an article featured on forbes, i'm 23 years old. I really haven't done that much in this life, and it all it takes is just having a couple people in your network or knowing the right people so very easy to get on forbes. If you guys want to stay up to date with a lot more information. Don't forget to check me out on instagram too at credit brian. This is kind of old news. Some of my older subscribers my day ones will know that the article is up, but the whole point of me mentioning that was not this cloud thing.
It's not this flex to me. It is so easy for unqualified people to be on these reputable sources, because, at the end of the day, forbes is getting all these views. This guy gets his name too. He gets a little bit of the cloud because you know people are gon na, be like okay, i've seen your name somewhere, but in reality, forbes is the one getting all this traffic and i dare you guys to open up a forbes article without any ad blocker.
Without signing into anything and you'll, see the tons of ads that take up like 40 of your space they're, making a lot of their money off ads forbes is a rep reputable source. I know a lot of bs people be on here, but that's the issue right now now look look at this trump's ego may delay your 1200 stimulus check. How some rich americans are getting stimulus, checks, small, like think about what type of stance this individual may have. It may not be republican.
He may be very one-sided in a certain direction. So, knowing all that, let's go through the article, no, there is not growing support for a second stimulus payment. I hate to be the bearer of bad news, but here it is. There is no growing bipartisan consensus to issue a second stimulus check, whether a one-time payment or a monthly reoccurring payment.
Republicans are stimming efforts and given their control, the senate in the white house, the concept is as good as dead without their backing. If anything, recent republican commentary has what is that word? Is this? Even i'm? Sorry guys, i don't even i need to google this real quick. My brother coales coal asked okay. Here we go if anything.
Recent republican commentary has coalesced against a second round of direct payments. Now he starts off this article by really trying to form an alliance with his readers. Now, if you guys think about old 10th grade english days, this comes down to ethos. Do you guys remember that ethos, logos like pathos, you're, really trying to empathize or get some type of backing, and one of the best ways to do that is to point your finger at a common enemy or at a misinterpreted common enemy? He starts with that.
He continues his article by rallying people behind him. Yes, another payment will be incredibly impactful, no duh. Everyone wants that right now, but he's saying this because a lot of readers are gon na also align with him, so he he says something very interesting. He aligns them and then he's gon na go into his reasoning. So, while the first round of stimulus payments, twelve hundred dollars for individuals, twenty four hundred dollars for those filing jointly and five hundred dollars for each of their kids was crucial for many americans, it was not enough. A bank rate survey found that 50 percent of respondents anticipated that economic impact payments would sustain them for less than three months. Another survey conducted by simply wise in mid april, not only reinforces point but also underscored the predicament that many americans are in 63, responded that they would need another stimulus check within three months. All this is news that you guys probably know this is nothing new people need money.
People are saying that they need money and they are doing surveys saying that they need money. We know this. He continues to say, there's a lot of confusion about a second stimulus check almost immediately following passage of the cares act. New proposals for additional direct aid to americans started popping up.
Most recently, there's been increasing democratic support for a proposal that congressman tim, ryan and ro kahana had put forward in mid-april the emergency money for the people's act to provide two thousand 000 monthly payments to qualifying americans. If you guys have been following me for the past few weeks, you guys know i made a dedicated video talking about the emergency money for the people's act. This guy is pretty much just saying what is out here already. The operative word, however, is democratic.
Adding 10 democratic co-sponsors to a democrat-sponsored bill is not going to move the needle without support from the other side of the political aisle. It certainly doesn't signal increased consensus for a second stimulus check. It is the equivalent of a husband thinking that new support from his 10 best friends increases the likelihood of winning an argument with his spouse or in the political realm. The same as more people in california.
A state that awards electoral votes on a winner-take-all basis, announcing in 2016 that they were voting for hillary clinton going down towards the article. He then talks about president trump's recent statements regarding the question of whether or not there should be a second stimulus check and president trump responded by saying i really want payroll tax cuts. I feel like that is okay, okay, we agree with that. That is probably the most valid thing i can find in this article.
It's that statement, because that that's what trump wants he he wants. The payroll tax cut. I'm not gon na go into full details of all the things he says. He brings up other republican leaders that have given their quotes and he talks about some of their oppositions.
That they've had this right here, he's sorting this from the hill right now and although this is a congressional new site, you have to be very careful when forbes is already getting their sources from other news sources. So it's like it's gon na, be a lot of what he said she said and pulling out words out of context and interviews. I feel like that's one of the worst things you guys can do to really make anyone sound a certain way and yeah. If you have common sense, you'll know, if you take words out of context, you can make any situation make the way you want it to look, i'm not going to go into more details talking about this, but i want to talk about his concluding sentence. He finishes this off by saying the evolving focus of republicans and democrats. This is the last three paragraphs that he has left for. This article republicans have started coalescing around a uniform set of talking points not only opposing direct stimulus payments, but also reframing. The conversation around other topics, including a liability shield for companies senate majority leader mitch, mcconnell, who will control the shape of much of the next stimulus package, has called liability protections.
A must have redline. For republicans. This is a debate. That's been going on so to the republicans eyes.
Basically, the democrats, it looks like they're trying to take a lot more money than they need in order to fix a lot of the mistakes that they've made with budgeting in the past, giving it to state and local government. The idea right now is that the republicans are opposed to that and they want to be able to support a lot of their small business owners. There's a huge focus on that even democrats, while not abandoning direct payments, have shifted focus to a laundry list of other relief priorities, including providing additional money to cash, strapped states and cities. Expanding unemployment benefits and food stamp funding.
Pelosi tipped her hand about which of these is top of mind when she drew a line in the sand saying there will not be a bill without state and local assistance. Does this mean another round of stimulus? Checks is off the table no, but it does show that a second direct payment may not be at the top of the negotiating list, but you just started this article by saying sorry, republicans refuse to budge on second round of stimulus checks with so many direct. It's so much like you guys, think youtubers clickbait, oh yeah, i mean i'm not gon na lie. We do clickbait but shoot man forbes it's another level with so many competing priorities for democrats.
The question will be whether additional payments are predominant or a bargaining chip to secure other concessions. The more opposition emerges for republicans more likely. It is to be the latter. Sorry, he pretty much ends this article by putting the blame continuously on the other party of republicans.
Instead of focusing on the facts right now, it's gon na be a debate and just throwing in politics to confuse a lot of the people. Yes, a lot of this news does generate good media and content for websites like forbes, but honestly, it's crooked, and it's annoying to people like us who are actually trying to find the right information. This is my job. I don't want you guys to spend four or five hours going through a lot of bs. I will do it for you. I will go through my entire day trying to find out the right, legitimate information in order to give you guys, 10 minutes worth of the right thing. You need to know for this day, so guys. This is one of the reasons why i believe youtube is one of the most powerful and best emerging platforms out here, even with an article like forbes look, they purposely took out a comment section, so people can't just like uprise this.
You can't thumbs down an article like this, because if you could, i'm telling you man this guy should hear ziv he'd be shaken. Okay, his knees would be shaking his palms would be sweaty and his arms like spaghetti like that, was not cool. That was not funny. Not funny brian you're, so unknown, that's pretty much the sum of the article i mean.
I really want to give you guys an idea that this guy doesn't know what he's talking about. Republicans are not completely against stimulus checks. The idea is that everyone here is on board to giving more money to the americans. So one of the reasons why the government may be opposed to stimulus checks is because they just want to allocate their funds in the proper places.
At this moment, it's gon na be very rare for us to hear a politician just flat out say no, we don't need a stimulus check. No, no one else deserves to get one. That is not the question. Everyone is on board on the idea that we need more stimulus and that we need more help during these times.
Politicians right now are just working out different bills in order for us to pass the right things during the right times. In order for us to not be spending trillions and trillions of dollars on efforts that really aren't to do much, i don't believe one party out here is completely opposed to stimulus checks. That's just that's! Just such a cl! That's just annoying! Okay, shahar ziv! That's annoying man but anyways guys, uh. Please don't let a lot of these articles.
You see online swayed you in one way or another. Our congress is meeting right now they are progressing towards different bills. If we do get any more additional updates, i will inform you as soon as possible. We should be hearing a lot more monumental updates within the next few days.
Regarding on the decision of the second stimulus check, i know there are going to be people watching this video who are having issues with their first check. I know some of you guys have not received it. I also know people are having issues with unemployment benefits too. If you guys are in that type of situation, please let me know down below in the comments. I'm really curious to see where a lot of the people are with the stages of their check, because some people are saying like yo. How are we focused on the second one, if i should have received my first one last month and i still haven't gotten anything so there are definitely good points to be made. Like always, you guys, if you enjoyed this video, don't forget to drop a like on this video. If you guys want to support this channel in any way, without losing anything, you guys can also sign up for an app called weeble.
If you guys deposit a hundred dollars into this app, you can get a chance to winning two free stocks, one valued at 1400, but you have to deposit a hundred dollars. Some people are saying: yeah, i'm not seeing the second stock at 1400 deposit 100. It's gon na be a chance for you guys to win i'm hearing from a lot of people that they are getting a lot more higher payouts than you would. If you signed up for an app like robin hood, that's why i took out robin hood robin hood.
Sucks right now, they've let a lot of people down i'm going with apps that are paying out high amounts to other people. So thank you all for the support. Thank you all for the kind words and messages i will be keeping you guys up to date with all the new information. I love every single one of you guys, you guys are absolutely insane like some of you guys.
You guys are they're like some really nice people like watching these videos. Like i like, like i love you guys, god bless all of you guys. You are seriously amazing and hopefully i'll see you guys in the next one peace. You.
@brian – you need to do a follow up and reaction on how the recent extension of the unemployment benefits.
Helllooo I have a question my son gets ssi and his check comes under my name and he 19 years old I received my stimulus check but he did not get his how come ?
Wow my first time here! You're Amazing! Looking forward to seeing all of your upcoming videos! God Bless and Keep You All Safe!!!
You go man! 23! You definitely have a future. You have a great broadcast future. Your knowledge and style are an asset. Best wishes for a positive caree
You are literally the perfect combination of truth and fun as hell to watch… from this momma earning an MBA in hopes of breaking into Disney or Universal Corporate, THANK YOU for doing this footwork for me. I’m off work right now and need a stimulus so so much 🙌🏻
Flipper 62 Has the right idea.
The people have spoken..
Thanks for the clarification, that Forbes article was disheartening. As for $1200, in Massachusetts that is about one month rent. God bless, pray this virus ends soon, my city is seeing an uptick. 😔🙏
You are a very good man! So careful and thorough. I really appreciate your wise approach to this! Thank you so much! Excellent video!
I haven't received mine. They did send a letter saying it would come via mail.
Odd, i heard the house of congress democrats keep adding stuff onto the stimulas check bill like, mandatory RFID for everyone, or gun bann's .. then the bill goes to senate and gets denied because all they want is to pass a stimulas check and not a gun bann or forced RFID chip's ..
The answer is, We the people need to pull together…We cannot rely on the government, these fraudulent folks don’t care about us. If they do something it’s to benefit them, ONLY. Pray and turn to God, you would get help quicker from him then these Red and Blue folks.
If. We. Get. If. We dont. Big. Deal some. People. Dont. Know. How. To. Handle, money. Linda. T. Milwaukee. Wis
Thanks for the updates! My mother just told me that she finally got her stimulus check, but now she's been dealing with the unemployment office here in South Carolina and still no response and it's always showing a pending resolution message. It's getting ridiculous she can't work right now and she has no other source of income. We try our best to help out, but we are both in the same situation right now. Hopefully the unemployment gets a move on asap.
Brian, you are such a breath of fresh air. Your attitude and friendly demeanor is something you don't see often. Thank you!
I don’t make much money but I’ve saved up since I’ve started working. I take responsibility for myself and don’t want a handout. I don’t need or want another stimulus. The last one was a horrible idea and people have been getting fired on purpose to make more money. I want everything to open and for us all to go back to work.
Sorry no chance of a second stimulus but big corporations will get theirs.
Republicans just want more tax breaks, they don't want to give a stimulus check to regular people. We need the $2,000.00 that we were supposed to get. How is a payroll tax cut supposed to help, when so many people aren't getting a pay check.
Brian, your doing an amazing job. Keep these video coming. You have a bright future ahead of you. 🙏✌️
Ty, for exposing the lies .So appreciate your channel. Ty for keeping me informed on truth news!
Republicans will sign their own demise , if they block the Second Stimulus ………………….
I think people on this video should do some investigating why the Republicans refuse to budge on second round of Stimulus checks…….
Basically both party want to give money to the people BUT with their own version of "additional things" added in and both party disagree with the other side of "additional things".
So instead of passing a small bill to give people direct money and doing a separate bill for other things they want to give money too, they want to hide whatever they want behind the idea of giving people free money.
There I will not be another stimulus check coming until another 300,000 people die💲💲
McConnell said that the Supreme judges or the frist priority not a stimulus check that sounds like the rebublicans or leaning towards not wanting to give another stimulus check i have not heard one rebublican say anything about another stimulus check so yeah i believe the rebublicans only cater to the rich…vote all Democratic in the upcoming election
I think that 1200 lasted me a whole 5 days. Didnt help that I got it when the bills came knocking.
I always look forward to your updates, always straight to the point with important information; unlike some people like @ClearValue; I swear, five minutes listening to him feels like 25 years with nothing to show for it. @Brian God bless you much more🙏🏾👏🏾👏🏾
I understand that US government have large debt and we the people don't want to pass it on these debts to the future generation but with these situation, if the government doesn't give the second stimulus check, a lot of people will get desperate and I hope there will be no trouble. TRUMP you dont help you loose period.
Politicians in the House and the Senate better not leave Retired Senior Citizens out of the second round of Stimulus payments because We need money too! We all Vote and there are 60 million of US! And what about Americans that avoided credit cards, ridiculously expensive cars/trucks, saved their money and paid off their mortgages and now own their Home outright? Those Americans would be punished for doing the right thing all of their working lives when people with overextended credit cards, huge mortgages, and $85K pickups truck get bailed out?