New Stimulus Check: $1200 Expected In August 2020

Many news outlets are reporting that their will be a new stimulus package approved by Congress and the White House.

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Many news outlets are reporting that their will be a new stimulus package approved by Congress and the White House. It's estimated that this new stimulus package will be worth an estimated $1 Trillion dollars.

In this new stimulus package:

- $1,200 Stimulus Check for individuals - Extension of Federal eviction moratorium

- Small Business Stimulus for companies who has revenues that have fallen over 50%

- Extending Unemployment insurance benefit at a level of 70% of income or reducing the benefit to $100 a week instead of $600 a week unemployment benefit that expired this week.

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