Stimulus Update & News in 3 Minutes - Friday November 27th

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Your second stimulus check update, stimulus package update, news update, and stimulus check 2 update for Friday November 27th. Everything you need to know in 3 minutes!

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Stimulus News
Co-chairman of the Problem Solvers Caucus Tom Reed had some strong words for the current Leaders holding up stimulus from passing.

Tom Reed said, quote "My concern is that we're getting pushback from leadership saying that the elections in Georgia is their top priority, not getting a COVID package done,"

Reed went on to talk about his disappointments in his colleges expressing they should “get out of the way” and let other leaders “do the job for you”

The Problem Solvers Caucus continues to push for bipartisan negotiations and with that and a few other factors congress may be narrowing down to a bill somewhere between $500 billion and $1 trillion.

Last week unemployment claims increased 30,000 from the prior week, causing the 4 week rolling average to increase by 5,000 as well.

Around 12 million Americans will lose their UI benefits the day after Christmas, that number is set to rise as more and more file claims with the second wave of COVID hitting the country.

On top of UI benefits coming to an end many other programs and orders will be ending come December 31st in what experts are calling the “perfect storm”.

Rent moratorium ending, student loan freezes ending, increased lockdowns, and loan programs for small businesses completely exhausted. The is set for some hard times.

Hard times that could and should be greatly reduced with another round of stimulus, something all the experts, people, and leaders agree on… they just can’t seem to get it done!

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