Massive Stimulus Package For Americans Proposed

OneEyedDiva said:
Pepper, so much information is coming in day by day. I haven't seen that on any of the N.J. news sites I visited but I did hear something about it (just don't remember if it was in N.J.). People who are out of work through no fault of their own should be given a break, but landlords do need to be paid so they and their families can survive. It's quite a conundrum.
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Yep, Diva, that's where those ''at least one year emergency fund'' that you and I champion would come in handy, eh?
 

Like the saying goes, I'll believe it when/if I see it.
If it happens at all, I'm sure there'll be some kind of catch- like ronaldj posted, or similar- what about those of us who don't get refunds, but, instead, pay taxes (self-employed)?

I'd never even heard of anything in the Bush years. I missed the Obama-era stimulus check because my income was a little below the minimum requirement- wasn't eligible because I didn't make enough money!!

Also, if anyone knows- figuring it'd be considered taxable income, would it also affect programs like Section 8, food stamps, etc.? I mean receiving less from those programs because it'd be considered income?
 
JaniceM said:
Also, if anyone knows- figuring it'd be considered taxable income, would it also affect programs like Section 8, food stamps, etc.? I mean receiving less from those programs because it'd be considered income?
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No one will be receiving less from these programs. Are you missing the point of these programs?
 
OneEyedDiva said:
My grandson posted this on Facebook.
View attachment 96049
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I work pt for a very large grocery store chain. We started allowing Seniors to have the first hour to themselves from 6-7 a.m. They are just as nutty as the rest that come in afterwards. Whatever happened to having a little class, manners and some etiquette?

This morning, as is every morning, our truck came in at 5:00 a.m. I start at 6:00, but someone else stacks my cart for me to push out to the glass cabinets and load the pull-out trays with the products that I stock like: bacon, hot dogs, sausages, etc. I had one woman run her cart into me this morning "on purpose" and yelled at me to "MOVE!" The meat manager saw her do it and he had her escorted out of the store. I wasn't mad or even upset about it. I just moved. The other customers gave her crap, but I just walked away. Then, not 10 minutes later, another lady drove her motorized cart into my (what we call) u-boat with all the boxes piled on it and that caused a mess. She didn't even apologize or say two words for that matter. I had to re-stack my cart, which took a good 15 minutes and slowed me down getting the food into the trays.

IMO, people are just out of control.
 
"Also, if anyone knows- figuring it'd be considered taxable income, would it also affect programs like Section 8, food stamps, etc.? I mean receiving less from those programs because it'd be considered income?"

If you file an income tax form, I would imagine you would get a check under the McConnell plan, regardless, so long as you meet the income level that is stated.
 
Catlady said:
https://theweek.com/speedreads/9035...alk-trump-coronavirus-relief-checks-americans

"During a Senate GOP lunch on Thursday, Sen. Lindsey Graham (R-S.C.) told his colleagues he was trying to talk President Trump out of supporting individual coronavirus relief checks for Americans, Politico reports. White House Chief of Staff Mark Meadows was also trying to get Trump on Graham's side, per Politico. "
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More irresponsible "journalism." :rolleyes: I see they used "reportedly" in their title to keep from being sued. Here it is, straight from McConnell's own website. https://www.mcconnell.senate.gov/pu...eases?ID=CE78AB58-6B6D-4115-9E14-4BD516CF3B8D

And from Yahoo...

On Thursday night, Senate Majority Leader Mitch McConnell released his plan.

Within the nearly 250-page bill is a proposal that would send up to $1,200 per person in a one-time payment. There would be an additional $500 per child. The payments would be based on income, so individuals making up to $75,000 annually ($150,000 in the case of a married joint return) would get the full $1,200.

Income is defined as wages, Social Security benefits, and any pension income. It appears that potential recipients would have the option of using their income from either 2018 or 2019 to calculate the benefits they receive.

The payments would gradually decline for individuals making between $75,000 and $99,000. Anyone making over $99,000 (or a family making over $198,000) would not get a check.

The plan will “put cash in the hands of the American people,” McConnell said. “The Senate is not going anywhere until we take action.”
 
From Facebook

Just. To let you know..Just got a phone call from 875-343-0221. The Man claimed my Government issued check was ready for deposit into my Banking Account! He needed my account information for the deposit to go through! WHAT??? He got the right girl. Pretty sure he's sorry it was me on the end. BEWARE! Our Elderly might fall for this horrific Scam. Don't let it be your Parents or Grandparents. SCUM, true definition of SCUM!
 
Ken N Tx said:
From Facebook

Just. To let you know..Just got a phone call from 875-343-0221. The Man claimed my Government issued check was ready for deposit into my Banking Account! He needed my account information for the deposit to go through! WHAT??? He got the right girl. Pretty sure he's sorry it was me on the end. BEWARE! Our Elderly might fall for this horrific Scam. Don't let it be your Parents or Grandparents. SCUM, true definition of SCUM!
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I read about this kinda thing in the news this morning- plz continue passing the warning around!
 
oldman said:
I work pt for a very large grocery store chain. We started allowing Seniors to have the first hour to themselves from 6-7 a.m. They are just as nutty as the rest that come in afterwards. Whatever happened to having a little class, manners and some etiquette?

This morning, as is every morning, our truck came in at 5:00 a.m. I start at 6:00, but someone else stacks my cart for me to push out to the glass cabinets and load the pull-out trays with the products that I stock like: bacon, hot dogs, sausages, etc. I had one woman run her cart into me this morning "on purpose" and yelled at me to "MOVE!" The meat manager saw her do it and he had her escorted out of the store. I wasn't mad or even upset about it. I just moved. The other customers gave her crap, but I just walked away. Then, not 10 minutes later, another lady drove her motorized cart into my (what we call) u-boat with all the boxes piled on it and that caused a mess. She didn't even apologize or say two words for that matter. I had to re-stack my cart, which took a good 15 minutes and slowed me down getting the food into the trays.

IMO, people are just out of control.
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Too bad that happened to you but at least you kept your cool. Admirable. LOL Some people have no class, no etiquette. Damned shame.
 
Ken N Tx said:
From Facebook

Just. To let you know..Just got a phone call from 875-343-0221. The Man claimed my Government issued check was ready for deposit into my Banking Account! He needed my account information for the deposit to go through! WHAT??? He got the right girl. Pretty sure he's sorry it was me on the end. BEWARE! Our Elderly might fall for this horrific Scam. Don't let it be your Parents or Grandparents. SCUM, true definition of SCUM!
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AND ...the scammers are pouncing already! Thank your for posting this. Our children and grandchildren who work need this information as well.
 
Aunt Bea said:
This idea for a temporary increase to SS benefits was news to me.

It's just a proposal but it will be interesting to see if it takes shape.

https://thehill.com/homenews/senate...boost-social-security-benefits-by-200-a-month
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That would be nice, but I thought Social Security is going bankrupt? Wouldn't this hasten their demise? I do agree with the below from your link =

"Sen. Debbie Stabenow (Mich.), one of the Democratic negotiators, on Friday faulted the GOP plan for proposing $1,200 rebate checks for adults earning up to $75,000 per year but much less for people who earn little to no federally taxable income. “I couldn’t believe that they were talking about lowest-income people getting $600 and somebody making $75,000 getting twice as much as that, $1,200,” she said. “Those numbers don’t make any sense.”
 
Don't know if this has been mentioned already, but I heard it somewhere on the news days ago and read it today online. Those of us who are receiving Social Security benefits by direct deposit into our bank account, should receive the Stimulus payments the same way.

The government is also supposed to set up an online portal for those who want to register their bank account info. If they didn't use the account we already have set up for SS payments, we would just wait to get the check in the mail.

You should receive the stimulus payment the same way you receive your Social Security benefits.
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https://www.aarp.org/retirement/social-security/info-2020/social-security-coronavirus-faq.html
 
SeaBreeze said:
Don't know if this has been mentioned already, but I heard it somewhere on the news days ago and read it today online. Those of us who are receiving Social Security benefits by direct deposit into our bank account, should receive the Stimulus payments the same way.

The government is also supposed to set up an online portal for those who want to register their bank account info. If they didn't use the account we already have set up for SS payments, we would just wait to get the check in the mail.



https://www.aarp.org/retirement/social-security/info-2020/social-security-coronavirus-faq.html
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This is the same that I heard.
 
Aunt Bea said:
I have no problem with economic stimulus targeted to the people who have been living paycheck to paycheck and are now facing a job loss through no fault of their own.

I also believe that any stimulus that increases the national debt should come with a bullet-proof plan to pay it down quickly when the economy rebounds.

IMO if the government is planning on mailing everyone a check it's a foolish waste.

American's need jobs, not handouts.

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We probably need both
 
I read that the first round of stimulus payments has reached banks for some people and will be available on Wednesday morning.

But get this: I saw a couple people say they're gonna use most of it to buy lottery tickets. 🤔😏 Part of me wants to laugh, 😀 but I suspect there are people who will seriously do that and end up broke again. :(
 
applecruncher said:
I read that the first round of stimulus payments has reached banks for some people and will be available on Wednesday morning.

But get this: I saw a couple people say they're gonna use most of it to buy lottery tickets. 🤔😏 Part of me wants to laugh, 😀 but I suspect there are people who will seriously do that and end up broke again. :(
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Lottery tickets! Dumb. My motto is, a bird in hand is worth 2 in the bush. 😂
 

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