Donald Trump signs $900 billion coronavirus relief bill

Donald Trump signs $900 billion coronavirus relief bill

After days of delay, Donald trump-president of the United States—finally signs off on a coronavirus stimulus package, which would see people getting $600 checks, a marked reduction from the first stimulus package that saw people receiving $1200 checks. 

 The delay was caused by the president’s refusal to sign a bill that he called “an unsuitable disgrace,” demanding lawmakers raise the second stimulus checks to $2000 per person instead of the proposed $600. He added in a statement that the senate would also “start the process for a vote that increases checks to $2,000.”

Congress divided over $900 billion stimulus Package

 But this might prove impossible, as the Democrats and Republicans are divided on the stimulus package, with most republican majority leaders. Senate Majority Leader Mitch McConnell, in a later statement that day, made no mention of plans to consider this legislation, should the House succeed in passing it. 

Americans that are eligible for a new stimulus package

 The second stimulus bill was passed after months of failed negotiations and political feuding. But not everyone is eligible for the stimulus package. Those qualifying for the maximum stimulus payment include individuals earning up to $75,000 in adjusted gross income, or $112,500 as head of household and $150,000 as a married couple filing jointly.

 Even with the reduced amount, the stimulus check is good news, as millions of Americans have lost their jobs due to the recent coronavirus epidemic. Economists still argue that after nine months of waiting, the proposed amount is not enough to cover necessities such as food, housing, and passed bills many families owe this year. 

 “People are facing evictions, utility disconnections, and continued struggles in the labor market dealing with the virus,” said Olugbenga Ajilore, a senior economist at a left-leaning think tank. He added that even though a $600 stimulus check is “better than nothing,” it is very insufficient. 

On the same subject

Exploring The Impact Of AI-Generated Art On The Creative Economy

Exploring The Impact Of AI-Generated Art On The Creative Economy

The emergence of artificial intelligence has unarguably revolutionized numerous industries, with the creative sector being no exception. AI-generated art, once a futurist's fantasy, now plays a significant role in shaping the landscape of the creative economy. As the lines between human creativity and machine-generated content blur, it becomes increasingly vital to explore the implications of this paradigm shift. From altering the definition of authorship to reconfiguring the economics of art production and distribution, AI-generated art is a harbinger of transformation. This exploration is not merely academic; it has real-world repercussions on careers, legal frameworks, and cultural norms. What does this mean for artists, consumers, and the overall structure of the creative marketplace...
Maximizing Your Initial Deposit: Strategies for Online Casino Bonuses

Maximizing Your Initial Deposit: Strategies for Online Casino Bonuses

Embarking on the thrilling world of online gambling can be as lucrative as it is entertaining, particularly when leveraging the allure of casino bonuses. These tantalizing incentives are designed to amplify your gaming experience, effectively boosting your initial deposit and elevating your chances of hitting it big. But with an ocean of offers and fine print, navigating the best path to maximize these bonuses requires strategy and know-how. This piece delves into the art of optimizing your starting capital through the intelligent use of online casino bonuses. Uncover the secrets to stretching your bankroll, understanding wagering requirements, and selecting the most beneficial promotions. Whether you're a seasoned gambler or a newcomer to the virtual casino floor, the following...
How Chatbots are Transforming E-Commerce

How Chatbots are Transforming E-Commerce

In a world that is becoming increasingly digitized, e-commerce platforms have rapidly adapted to offer an enhanced customer experience. One of the key developments driving this change is the integration of artificial intelligence in customer service - particularly, chatbots. These AI-based tools are not only transforming how businesses operate but also reshaping consumer expectations and behaviors. If you're curious about the role of chatbots in e-commerce, how they benefit both businesses and customers, or even what future implications might hold, keep reading! This article will take you on a journey through the crucial landscape of chatbot technology in online retail. Understanding Chatbots and Their Role in E-Commerce Chatbots, fundamentally, serve as AI-powered customer service...