Yo, what's going on, you guys welcome back to another video. So what we're gon na do in today's video is give you guys the most up-to-date information regarding when you guys should expect to see the next $ 1,200 stimulus check now. The reason why we're talking about the $ 1,200 stimulus check is because this seems to be the most likely to pass out of all the different things that we've heard. In my honest opinion, I don't think we're gon na see $ 2,000 and retroactive payments for the next few months.

I don't believe that we're gon na see a $ 450 boost for workers at the moment, right now in its current form, and I don't believe that we're gon na see the debit cards filled with additional stimulus and all the things that we've heard about in the Past, I think the biggest thing right now in the works that has the highest probability of actually going through is gon na, be the heroes Act which actually has that $ 1200 second stimulus check. So where are we now? So it's been about 10 days since the house went ahead and passed the heroes Act. This is definitely good progression, but one of the most important things that we need to all consider is that this still needs to go through the chain of command. So, in order for us to have a better idea of when we should see a second stimulus check, let's go through the expected dates of when this will actually pass.

Now. In order for me to compile my opinion and to give you guys the most up-to-date and accurate prediction, what I'm gon na do is formulate an idea of how long it should take for them to negotiate things based on what we seen in the past and also Take into consideration the cares Act and really the process of how that really went. So looking back on past data, here's what we know the cares Act actually passed on March 27th. On April 17th, 80 million Americans actually had their checks direct deposited.

So that's about 20 days from the passing date of that bill in order for people to see their money. So once we take that into consideration, we can fill in the gaps of the different factors that we have with regards to negotiating and actually getting this bill. Passed so to make things a lot easier to understand. A lot of this is actually gon na take place.

On June 1st, I feel like knowing the calendar system. It's gon na be a lot easier to count the weeks ahead once we're on the start of a fresh new day of the month. Now going back about 10 days ago, heroes Act passed okay. Since then.

What has actually happened not too much Memorial Day weekend happen. A lot of our government leaders went on vacation and the Senate is looking to actually resume where they left off on the start of June 1st so fast forward June 4. Here we are, what do we predict so if the Senate is able to take the bill? Look at the bill and then they're able to debate and then add specific changes, we're looking at a time frame of between 7 to 14 days, especially with the length of how big the hero's bill actually is. Don't forget, 1800 pages.

That is not just a little. That's huge say: the son is able to debate, say they're able to add the specific changes that they need to and then they all are able to come to a common agreement on letting the bill pass in its new readjusted form. I would estimate, in my opinion, it's gon na, take about two weeks for that to happen so June 14th. If we expect that day to be the day where Senate actually says all right, let's get this bill going through.

It then needs to be reviewed again by the House of Representatives once they're able to all look through this as Congress in hole, then they should be able to determine whether or not they can actually finalize this and send things through now. Judging by how lightning quick our Congress, leaders and government officials have been working through this entire pandemic, we can assume that it probably won't take a week. I'm gon na always urge, on the latter side of things, which may take a little bit longer, which is probably gon na, be two weeks so right there that's about a full month in order for them to actually do renegotiations, and that's just that's a long time. Right there, judging by where we are right now in the political State, with election years, people getting their vote ballots coming in right now, it would be crazy if President Trump, who is the last remaining guy, that needs to stamp on this bill for him to say.

Okay, guys this isn't passing yep we're not gon na. Be able to do this. Sorry, I'm gon na be the bad guy, that's very, very unlikely, seeing that it's actually an election year once President Trump is able to sign off on this bill, then what we should see is similar things that we've seen within the Kerr's Act and then that's the History of us people actually getting the direct deposits into their bank account. Like I mentioned within the original Kerr's Act, we should see about a three-week waiting period before people actually start seeing their payments.

So, in my opinion, I feel like check. Payments and direct deposits are gon na, be a lot more smoother than it was before. People are pretty familiar now with the IRS website and because we've done it once in the past. Most recently, I feel, like it's just gon na, be a lot easier in order for both the government to send out the checks and for people to give them the right information on receiving it.

In my opinion, I believe we could start seeing checks as early as two weeks once the bill she gets signed. So if we put that into an estimate of the timeline end of June, then we work into July and then two weeks in July is gon na. Be around the time where, if a second stimulus check does get passed, that's when we should actually see it now, that is my stimulus. Pail update regarding the prediction that I have.

This seems to line up with a lot of what the politicians have in mind as well July seems to be the big month. But here's where an issue comes up right now we are going into the month of June and if we take into consideration how much stimulus we've actually gone in the entirety of this whole coronavirus pandemic, we realize yo. It's only been $ 1,200 for the past three to four months that were going through this pandemic, so, in my opinion, people receiving checks all the way in July may actually be too late. Just because there are so many people going through things right now financially that they may not be able to last until during that time, let me know down below in the comments what you guys think: how can they speed this process up? Should they add the feature of retroactivity within that bill? So that means, if that bill does pass, should they add a provision to this new heroes Act when it goes through Senate, where they can say, okay, look.

Our people did not get money in the month of May and even in the month of June, either - and I know they're getting things in July, but that may be too late should they add a feature to the bill where maybe they can actually get $ 1200 To the past few months, where people have not received anything at all guys, I'd be reading all the comments down below. I know how much people are struggling during these times, and I just want you guys to all keep your head up. I do believe at the time of this recording. There is still a high probability of something like this.

Actually passing so don't lose the faith people right here. I think we do have something better than nothing and it's gon na get worked through our government leaders. We just have to wait a little bit of time, and I know waiting is probably one of the worst things we can do right now, especially as we see states starting to open up people still unable to go back to work and people still struggling to keep Food on the table so guys that right there was my video just on my prediction on when the next stimulus check would come out. I hope you guys were able to find some type of value.

I hope you guys have a good idea of when you believe the stimulus check will also come out. Please, let me know down below if you guys agree with me. Disagree with me, like always, don't forget, to check out the links down below and if you guys are interested in signing up for a free stock with weevil. If you guys deposit $ 100, you can get a chance of winning two free stocks and one of them get up to $ 1400 down below so guys.

That is my video hope you guys enjoyed it like always. I hope I see you guys the next time. Don't forget to drop any like and don't forget to add me on Instagram over at credit Brian, which I get to ten thousand followers on Instagram that'd be dope, follow me over there and I hope you guys have a good one. Stay safe, stay, healthy and I'll, see you guys in the next video peace.