FINALLY! Stimulus Check Package COMING THIS MONTH? Second Stimulus Check Update CONFIRMED! [11/13]

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This is your Second Stimulus Check update, stimulus package update, and stimulus check 2 update as of Friday, November 13th for the new stimulus bill. This video covers the second stimulus package, the stimulus update, the new stimulus package, the economy, and the stock market, and the contested election. ✅ Join The Power Of Finance Investor Group:

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The top Democrats in Congress said Thursday that a record surge in coronavirus infections raises the urgency for a new relief bill. Speaking to reporters in Washington, House Speaker Nancy Pelosi said she still supports legislation to inject at least $ trillion into the American health-care system and economy. The California Democrat, who will see her party’s majority shrink by at least six seats after the 2020 election, cited Wednesday’s record 143,231 new Covid-19 infections as a reason to stick to a spending demand that the GOP has said is unreasonable. Pelosi said yesterday that “we’re at the same place with what we want in the bill, even more so with the pandemic because look at those numbers!” Ann here comments reflect the biggest disagreement with Republicans over what the needs to recover from the pandemic which is the total price tag

On Thursday, Senate Majority Leader Mitch McConnell also came outing acknowledged the need for another aid package but said it should resemble the GOP’s $500 billion proposal that Senate Democrats blocked before the election. He said that “I knows that [Pelosi] and the Democratic leader in the Senate still are looking at something dramatically larger.” But the problem is that “a large bill like what democrats are describing is not something he is willing to do.” McConnnell said that he does think there needs to be another package and hopefully they can get past the impasse they’ve had now for four or five months and get serious about doing something that’s appropriate.”

Senate Minority Leader Chuck Schumer also came out on Thursday and indicated again Thursday that Democrats would block a bill similar to the one Republicans previously crafted. He called Mitch Mcconnells $500B bill a “nonstarter” and said he backed Pelosi’s stance of at least $ trillion in new spending. Schumer also contended many GOP senators’ refusal to acknowledge Democrat Joe Biden as president-elect — while President Donald Trump levels baseless charges of electoral fraud — has hampered efforts to govern during the crisis.

Biden spoke to Pelosi and Schumer later Thursday and they all agreed on the need for a second stimulus bill to pass before the president-elect takes office, according to a joint readout of the call. “They discussed the urgent need for the Congress to come together in the lame duck session on a bipartisan basis to pass a bill that provides resources to fight the pandemic, relief for working families and small businesses, support for state and local governments trying to keep frontline workers on the payroll, expanded unemployment insurance, and affordable health care for millions of families.” Bottom line is that Biden, Pelosi, and Schumer said that leaders “will stay in close touch in the days ahead” and try to gt that stimulus bill passed

Ultimately, lawmakers would have to overcome a number of challenges to pass pandemic relief legislation before Inauguration Day on Jan. 20. Among some of the barriers is that Trump has showed little interest in anything other than fighting the election results since Nov. 3. Currently more than 21 million Americans remain on some form of unemployment assistance, and economic pain could sharpen as more states consider restrictions to slow the spiking infection rate.

#StimulusPackage #StimulusCheck #StimulusUpdate
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