This Proposal Could Take the Place of a Second Stimulus Check
Millions of Americans have been hurt financially by COVID-19, and while there's been an initial round of relief in the form of a one-time stimulus payment, for many people, it just isn't enough. Lawmakers agree, which is why Democrats introduced the HEROES Act, a $3 trillion relief bill that calls for, among other things, an even more generous stimulus payment than the initial one that went out.
Stimulus payments under the HEROES Act will be worth up to $1,200 per qualifying adult or child, up to a maximum of three children per household. By contrast, the initial stimulus round allowed for only $500 per child. As such, a family of two adults and three children would've received $3,900 as an initial stimulus payment, but may now be eligible for $6,000 if the HEROES Act is passed.
But to be clear, that's a very big "if."
Source Fool.com
