House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke Thursday about the prospect of striking a broad coronavirus stimulus deal, after President Donald Trump pulled out of talks earlier this week and called for stand-alone bills. CNBC's Ylan Mui reports. For access to live and exclusive video from CNBC subscribe to CNBC PRO: [ Ссылка ]
Millions of Americans have been waiting for Congress to pass another stimulus package that would deliver them financial relief during one of the steepest downturns in history.
They’re still waiting.
The delay hasn’t been helped by Capitol Hill’s mixed messages. Earlier this week, President Donald Trump said that he was postponing stimulus bill negotiations until after the election, only to reverse his stance a few days later, saying that talks over another package had turned “very productive.”
Frustrated by the conflicting news? Here’s where relief measures stand.
Unemployment benefits
After the $600 federal unemployment checks came to an end in July, the president took executive action in August to give many jobless Americans an extra $300-a-week boost for up to six weeks.
Yet some states have already run out of that extra money, and South Dakota never applied for the funds, even while tens of millions of Americans remain unemployed.
Without news on another federal boost, most jobless Americans will continue to get state unemployment benefits. The average state pays out around $300 a week. Yet the minimum benefits in each state leave some people in even more dire situations. For example, jobless workers in Hawaii can get as little as $5 a week, or just $15 in Connecticut.
Thanks to the first stimulus package, most workers will be able to collect these payments for 39 weeks, or even longer in some cases.
Stimulus checks
House Democrats introduced new legislation last month that would include another round of $1,200 stimulus checks.
Most recently, the president called on Congress to approve the direct payments.
However, experts say that Democrats may be hesitant to send out checks with Trump’s name on it right before the election.
Still, the effort has had bipartisan support all along.
Evictions are banned for now
As millions of Americans grapple with a loss of income and difficultly paying their bills, most should at least be protected from eviction until the end of the year.
That’s because earlier this month, the CDC made it illegal for landlords across the U.S. to evict tenants who can’t afford to pay their rent.
One important caveat: Renters will need to sign a declaration form and give it to their landlords to make sure they’re protected. And to qualify, individuals have to expect to earn less than $99,000 a year in 2020 and couples, under $198,000.
Worrying advocates is the fact that some states seem to be adopting a more narrow application of the CDC ban.
For example, the CDC doesn’t say anything about renters needing to provide documentation to prove that they qualify for the protection aside from the declaration form but, in Maryland, evidence may be required.
And in Michigan, it’s up to a judge’s interpretation of what stages of an eviction the CDC’s ban should apply to.
Experts say renters worried about eviction should seek legal help in their area. You can do so at Lawhelp.org.
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