(TODAY! NEW STIMULUS, EXECUTIVE ORDERS & PRESIDENT!) $2000 STIMULUS CHECK UPDATE & PACKAGE 1/20/21
Today was a historic day as we witnessed the transition of power in the U.S. Presidency. President Donald Trump gave his final remarks and left the White House as now President Joe Biden entered offices and executed his first action items of signing new executive orders.
His top priorities will be fighting the pandemic and providing economic stimulus. We have heard several members of congress suggest modifications to his newly proposed stimulus package which is the first of two new stimulus packages expected to roll out in the coming month. Some of the suggestions include increasing the amount of the stimulus checks, providing monthly stimulus checks, making unemployment benefits retroactive, and increasing the monthly boost to $600 per week, just to name a few.
The new congress enters session in the Senate starting this Friday so we will see very soon what is drafted into the new stimulus bill. Newly appointed Senate Majority Leader Chuck Schumer is also vocalizing that stimulus will be the Senate’s top priority.
As updates come out, I will be sure to share.
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