Start writing a post

What exactly is happening with the $600 stimulus checks?

To be honest, why Congress took forever deciding whether to provide the American people with $600 is beyond me.

What exactly is happening with the $600 stimulus checks?
white concrete dome museum

What felt like an infinite debacle surrounding the second round of stimulus checks, is finally coming to a close. After weeks of back-and-forth, the Treasury Department and the Internal Revenue Service said Americans can expect seeing $600 in their bank accounts next week.


I mean it took long enough.

If you currently have direct deposit set up with the IRS, you're likely to receive your check as early as Tuesday. If you are not eligible for direct deposit, paper checks are expected to mailed out beginning Wednesday. Individuals who meet income limits will receive $600; couples who meet income limits will receive $1,200; and eligible families will receive an additional $600 per child.

Individuals who made under $75,000 as an individual will receive the full amount. The same goes for couples who made $150,000.

For awhile, it felt as if the debate regarding the second round of stimulus checks would never cease, with a potential government shutdown on the horizon.

To be honest, why Congress took forever deciding whether to provide the American people with $600 is beyond me. But thankfully, Congress finally settled on an outcome and passed the second Covid-19 relief bill, with President Trump signing it last Sunday.


However, it took a moment for the bill to finalize, thanks to Trump prolonging the process by arguing Americans deserved $2,000 instead of $600. I mean, Trump's not wrong... words I never expected to utter in my lifetime. When you consider the financial strain many Americans experienced as a result of Covid-19, $600 seems vastly insignificant.

The second round of stimulus payments is half of what Congress approved last March. On Monday, the House of Representatives passed a measure to increase stimulus payments to $2,000. However, Senate Majority Leader Mitch McConnell blocked quick passage of a bill, arguing the measure has "no realistic path to quickly pass the Senate."

On Tuesday, McConnell introduced new legislation to combine the increased stimulus payments with two policies Trump demanded Congress to examine. The only issue with that plan is it repeals Section 230 of the Communications Decency Act, which allows certain legal protections for big tech companies, and establishes a commission to study Trump's baseless claims of voter fraud during the 2020 election.

Do you have something to say about this subject? Submit a post here and start the conversation.


Can tech help female entrepreneurs break the bias?

Women founders continue to come up against common challenges and biases - solving this problem is bigger than supporting women, it’s about supporting the national economy.

Can tech help female entrepreneurs break the bias?

Women founders continue to come up against common challenges and biases

Written by Kelly Devine, Division President UK & Ireland, Mastercard

Starting a business may have historically been perceived as a man’s game, but this couldn’t be further from reality. Research shows women are actually more likely than men to actively choose to start their own business – often motivated by the desire to be their own boss or to have a better work-life balance and spend more time with their family.

Keep reading... Show less

How am I doing as a parent?

Evaluating yourself is hard. It's even harder when attempting to assess your parenting because there's no set guide and nothing to count, measure, or quantify.

How am I doing as a parent?

Some time ago, I met my lovely friend for a drink, straight off the train from London. She told me about a very intense performance review she had at work recently, which, although scary, was incredibly useful; it gave her a general sense of how she was doing and areas to work on.

And it struck me we don't get this feedback as parents. Am I doing a good job? I have no idea.

Keep reading... Show less
#StartTheConversation by joining us on
x

Join our new platform for free and your post can reach a huge audience on Indy100 and The Independent join