Holding Out for a Second Stimulus Check? You May Get Your Answer Soon.
Once the COVID-19 outbreak hit U.S. soil, it quickly became evident that Americans would need some amount of financial relief to cope with widespread unemployment and income loss. The solution came in the form of the CARES Act, which called for a one-time, $1,200 stimulus payment that millions of Americans have received over the past two months.
But many people blew through that stimulus cash quickly, and with the jobless rate hanging tight in double-digit territory, it's clear that Americans need additional relief. Democratic lawmakers agree, and so they've introduced the HEROES Act, which calls for, among other provisions, a follow-up round of stimulus cash that's actually more generous than the first.
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Source Fool.com
