Will Americans Get More Coronavirus Stimulus Money?
The coronavirus crisis has led to record filings of initial unemployment claims and an unprecedented shutdown of businesses across the country. In response, Congress passed the CARES Act, which entitles most Americans to receive emergency relief checks worth up to $1,200 per adult and $500 per dependent child.
But $1,200 doesn't go very far, and there are already some legislative proposals that would provide more coronavirus stimulus money to citizens in need.
Unfortunately, while there's bipartisan support for additional direct payments to Americans, there are also some big obstacles standing in the way. However, the longer the voluntary lockdown continues, the greater the possibility Americans will see additional coronavirus payments hit their bank accounts.
Source Fool.com
