MORE MONEY! U.S. Government To Give $1,200 Checks, Stop Evictions

White House economic advisor Larry Kudlow said Sunday that the next round of coronavirus relief will include $1,200 stimulus payments to Americans and said the Trump administration will lengthen the federal eviction moratorium.

�There�s a $1,200 check coming, that�s going to be part of the new package,� Kudlow said in an interview on CNN�s �State of the Union.�

The next coronavirus bill from Senate Republicans is set to provide a temporary and reduced extension of unemployment benefits, another round of stimulus checks, liability protection for businesses and funding to help schools restart. The legislation will also include $16 billion in new funds for testing and tax incentives to encourage companies to rehire employees.

�The check is there, the reemployment bonus is there. The retention bonus is there,� Kudlow said of the next relief legislation. �There will be breaks, tax credits for small businesses and restaurants.�

�It�s a very well rounded package,� Kudlow added. �It�s a very well targeted package.�

Kudlow also said the administration plans to lengthen the federal eviction moratorium, which has protected millions of renters in the last four months from getting evicted.

READ MORE: CNBC

2 Responses

Leave a Reply

Popular Posts