After long months of negotiations that moved at a snail’s pace, Congress has finally agreed on a second stimulus package, as part of the Consolidated Appropriations Act. What’s In the New Stimulus Package BillThe new stimulus package includes funding for another round of stimulus checks, continued enhanced unemployment benefits, funding for small business aid and the Paycheck Protection Program, among other categories. $600 Stimulus ChecksThe new stimulus package includes another round of economic impact payments, also referred to as stimulus checks, to Americans. The new stimulus bill largely leaves out additional relief for borrowers who hold federal student loans. Bottom LineThe next stimulus package provides necessary assistance to struggling Americans right now, but falls short in some aspects.

Source: Forbes December 21, 2020 21:56 UTC