Disaster: Stimulus Check & Stimulus Package Update [8-2]

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Second stimulus check update, HEALS Act , $1200 Stimulus Check, and stimulus check 2 update as of Sunday, August 2nd. We cover the second stimulus package, the stimulus update, and also the next stimulus package. ✅Join The Power Of Finance Investor Group:

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House Speaker Nancy Pelosi, Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows spoke in separate interviews this morning about the second stimulus package and what the current stance is on it. They made clear in separate interviews Sunday that they remain far apart on a coronavirus relief deal that would restore expired unemployment benefits for millions of Americans. The key sticking point separating Democrats and Republicans continues to be the federal boost to unemployment assistance, which was set at $600 per week in March but recently lapsed. When asked what she would say to Americans who lost their unemployment benefits, Pelosi responded: “Talk to President Trump. He’s the one who’s standing in the way of that.” And Using identical language in a later interview, Meadows told “Face the Nation” the exact opposite and said “It’s important for your viewers to understand that if you have unemployed people that have lost their enhanced unemployment, they need to call their Democrat senators and House members because they’re the ones standing in the way of having those extended right now.” They are simply blaming each other. To make things even worse, in a pair of tweets Saturday, Trump accused Pelosi and Schumer of blocking “desperately needed unemployment payments, which is so terrible, especially since they fully understand that it was not the workers fault that they are unemployed” — and claimed that the Democratic leaders “have no interest in making a deal that is good for our Country and our People.”

However what actually has happened is that the republicans have proposed extending the $600/week payments in a smaller package however democrats only want to pay a broad scoped bill. Right now the democrats want a bill that is closer to $3T and the Republicans wants a deal that is closer to $1T. Steven Mnuchin said “we have to balance the next relief bill,” in an interview following Pelosi's interview on "This Week" Sunday. He said “There’s obviously a need to support workers, support the economy … on the other hand, we have to be careful about not piling on enormous amounts of debt."

Pelosi (D-Calif.), who has been pushing for a comprehensive bill to address multiple economic and health care needs, insisted the administration continues to resist a public health strategy to attack the virus, which is surging in many states. In her interview earlier today, she said, “that is one of the points we still have not come to any agreement on.” However, moments after Pelosi’s segment, Mnuchin said, “I was surprised that the speaker said we don’t agree on the need to kill the virus.” He said “We absolutely agree on the need to kill the virus.”

Right now they are arguing back and forth without what seems like actually thinking. They both want the same thing and are blaming each other, pointing fingers saying its the other sides fault that a bill hasn’t passed yet. As a result of this, White House Chief Of Staff explained on CBS Face The Nation that “yesterday was a step in the right direction. Our staffs are actually working today. We'll be meeting again tomorrow. But I'm not optimistic that there will be a solution in the very near term. “

#StimulusCheck #StimulusPackage #StimulusUpdate
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