Mnuchin Announces When Americans Will Get Second Stimulus Payment
Stimulus Checks: Mnuchin Announces When Americans Will Get Second Payment
Alex Woodward Mon, December 21, 2020
Millions of Americans could receive $600 in direct payments before the end of 2020 following the passage of a $900bn relief package eight months into the coronavirus crisis and its economic fallout.
Hours before a midnight deadline averting a government shutdown, after several frustrating weeks of debate, leaders in Congress agreed to legislation that includes $600 in direct payments for most Americans, along with $300 in weekly federal unemployment aid, an extension of a moratorium on evictions and $25bn in rental assistance, $284bn for businesses, and $20bn for local Covid-19 vaccine distribution, among other provisions.
Members of Congress had agreed to some form of direct payments to Americans following one-time payment from April that put $1,200 into millions of Americans’ bank accounts. But Republicans rejected efforts to do the same, eight months later, despite a worsening pandemic and more than 20 million people out of work.
Following an 11th-hour agreement on the scope of the relief package on Sunday night ahead of a potential government shutdown, the text of the legislation has not been released.
Treasury Secretary Steve Mnuchin told CNBC on Monday that Americans could expect to begin receiving payments before the start of 2021.
He said payments could be sent out as early as next week.
Individuals, including children, will receive $600 in the form of a direct payment from the US government into bank accounts. A family of four could receive $2,400 total.
Those payments would apply only to people who earned $75,000 or less based on earnings from the 2019 tax year, not in 2020. People who earned $99,000 or more that year would not be eligible for payments.
Unemployment insurance payments will extend up to 11 weeks of “enhanced” federal relief, beginning as soon as 27 December, according to lawmakers.
More follows…
https://news.yahoo.com/stimulus-checks-mnuchin-announces-americans-154709169.html
It Took 211 Years to Borrow $2.3 Trillion. Congress Just Did It in Twelve Months.
Notes From The Field By James Hickman (Simon Black / Sovereign Man) October 5, 2026
$2,307,765,598,614.61. That’s how much the national debt grew by in fiscal year 2026, which just ended last week on September 30.
$2.3 trillion in a single year is clearly and obviously runaway debt growth; think about it— the entire national debt didn't reach $2.3 trillion until 1987.
Ariel: You are Hearing it from Official Iraqi Sources
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You Are Hearing It From Official Iraqi Sources
You Need To Read This Now!
The Cabinet Will Be Completed Next Week
Do you know what Iraq is doing for the 1st time for the 2027 budget?
Financial System Will Be On The Chain, We Are Transitioning From A Fiat To Asset Back System
X22 Report: 10-5-2026
Affordability goes back to 1971, but Biden has caused higher prices and that is what people are feeling. Oil is flowing. Trump is preparing the system to be put on the block chain backed by gold.
Trump is in the process of completely and utterly transitioning the Economic System. The Treasury Secretary Scott Bessent is continually bringing on people to help transition the system.
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Good Afternoon Dinar Recaps,
INDIA RESET WATCH: RBI FACES FIRST RATE HIKE SINCE 2023 AS OIL AND DEBT PRESSURES BUILD
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TNT:
Tishwash: Al-Khafaji told: The cabinet will be finalized and voted on next Thursday.
Member of Parliament Miqdad al-Khafaji predicted that the cabinet formation process would be finalized and voted on in Parliament next Thursday.
Al-Khafaji told Al-Mada in an exclusive interview that “the end of this week will be the expected date for finalizing the cabinet and voting on it.”
Emailed to Recaps~ Thank you David
Reset Intelligence: Iraq Drops the Borrowing Law
By Reset Intelligence | @EXIT_FIAT
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The same weekend, a headline claimed Iraq is about to devalue the dinar. The lawmaker it quotes said herself it is not a final decision.
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Good Morning Dinar Recaps,
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The Real Story Behind The Bond Market Selloff
Kana Norimoto , Managing Director of Asset Allocation Research , Fidelity Investments
Rising yields may be signaling a new regime for markets.
Treasury bond yields of all maturities have been climbing higher in recent months. As an example, the 30-year Treasury reached a yield of 5.3% in August, a level not seen since 2006.
What investors are seeing in Treasury markets is less about a single concern or a looming crisis, and more about a confluence of factors that are reshaping global markets.
Rob Cunningham: Do we Actually Own What we Paid for?
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DO WE ACTUALLY OWN WHAT WE PAID FOR?
That is what modern tokenization can help answer more clearly.
In plain English, tokenization means creating a digital representation of a real asset or legal right on a shared, neutral, transparent, electronic ledger. The asset could be a share of stock, a bond, real estate, gold, intellectual property, or another recognized property interest.
Algerian President Violates IMF Expectations
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Good Afternoon Dinar Recaps,
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The Surprising Risk Of Having Too Much Cash
September 17, 2026 Fidelity
Investing in stocks and bonds may reduce some types of risk and enhance return potential.
There are many wonderful attributes of cash and short-term investments. Money held in a bank account or in a short-term investment like a money market fund is generally easy to access. The risk of volatility or loss is extremely low—or even nonexistent. Many short-term options, like money-market funds or short-term CDs or Treasurys, even pay interest.
EU Ambassador: Trade Between Iraq And Europe Amounts To About 18 Billion Euros
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