Theto agree on the substance of a new that could include a are still far from concluding, but the need for more financial relief is still growing.
“This is an emergency of the highest magnitude,” House Speaker Nancy Pelosi has said, noting that there are 20 million jobless workers across the country. According to the Labor Department, initial jobless claims hit 742,000 in the second week of November; that’s 31,000 more claims than the previous week.
The most recent Republican plan, a tightly focused $500 billion bill, doesn’t provide any new stimulus aid for people in dire need, but President-elect Joe Biden’s, which could come into more consideration following the Jan. 20 inauguration, includes a second direct payment for the American people.
If authorized, a second stimulus payment could follow the lead of the first stimulus payment from the spring and be worth up tofor those who , with additional financial assistance for . But until that authorization happens, we won’t know all the eligibility rules,