In what will be the last jobs report before the Nov. 3 election, we learned that the U.S. economy added 661,000 jobs in September. These numbers indicate the labor market’s recovery from the coronavirus pandemic may be leveling off as the second round of government stimulus relief seems more and more likely. In the September report, we see the unemployment…
How to Keep the Economic Recovery Effort Going Read More »
Yesterday, Democrats unveiled a scaled-down $2.2 trillion coronavirus relief package. This seems to be a last attempt to get Republican negotiators back to the table to strike a deal before the election. This pared-down Heroes Act is $1.2 trillion less than the original bill passed by the House last spring. Show Me The Money This
Better Than Nothing: Scaled Back Stimulus Package Unveiled Read More »
A push to restart the Paycheck Protection Program (PPP) is in the works. GOP lawmakers unveiled a proposal yesterday to reopen applications for the unspent $138 billion from the small business loan program. Lawmakers will also seek out to force a vote on a bill to replenish a key coronavirus small business aid program. Reps.
Restarting The Paycheck Protection Program Read More »
With so much talk of stimulus checks and a potential second relief package discussed in Washington, we at Fingercheck thought to answer the question, “where is all this money coming from?” To do that, we looked at money pumped into the economy by way of stimulus checks, PPP funding, and small business lending programs. Now,
Where Does All Government Money Come From? Read More »
Americans have patiently waited for a decision on whether to expect a second stimulus check. And wait they will. It seems a second check isn’t part of the plan. But first, let’s take a look at the pending government shutdown that’s looming. A plan is currently in the works to prevent a shutdown at the
Is the Plug Being Pulled on a 2nd Stimulus Check? Read More »
As both Republicans and Democrats wrangle over the amount of a second COVID-19 related stimulus bill, Americans patiently wait. And wait. And wait. Currently, the Republicans are considering a new $500 billion stimulus bill while Democrats have remained firm on a $2.2 trillion for the next stimulus. So, why would Republicans introduce a smaller stimulus
The Latest on the Stimulus Bill Soap Opera Read More »
Republicans are trying to piece together a stimulus draft proposal for when lawmakers return from their recess next month. In a much more scaled-down version of the original stimulus package, we see that a second stimulus check is missing. In addition to no direct payments, this latest version also has reduced unemployment benefits of $300
Second Stimulus Check Missing from Latest Relief Package Proposal Read More »
After canceling its August recess, in the hopes to strike a deal on the next coronavirus relief package, house leaders postpone the vote until September. This comes after negotiations between Democratic leaders and the White House hit a wall. This leaves no immediate relief to out of work Americans. Talks remained deadlocked even after President
Stimulus Package Vote On-Hold Until September Read More »
Over the weekend, President Trump signed an executive order and issued three memoranda that provide another round of economic relief to Americans during the coronavirus. As expected, the bickering has begun. Democratic negotiators have instantly responded with sharp criticism. For the benefit of our readers and small business owners, we’re going to focus primarily on 2
Are Negotiations Over the Stimulus Package Dead? Read More »
The RESTART Act is a proposal that extends and broadens the Paycheck Protection Program (PPP) and it’s likely you never heard of it! It’s been gaining momentum in Congress and could be part of the next stimulus package. Here’s what small business owners need to know. Closer Look: The RESTART Act This act was proposed
The RESTART Act: The Small Business Relief Proposal — You Never Heard Of! Read More »
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