I'm so glad you're with us here today on the Clark Howard Show where it's about you and

your wallet.

I want you to learn ideas to me so that especially now you can keep more of what you have,

Clark.com and ClarkDeals.com or our websites.

And coming up a little later, I want to talk about how to handle your credit cards and

how to negotiate with your credit card companies.

But right now I want to tell you the latest information as it's available on the agreed

to massive third wave legislation for quote unquote stimulus to deal with coronavirus.

This was something that was a herculean effort at a time where there's such a breakdown

and trust between the political parties that they were able to after some hollering at

each other were able to set aside the partisanship and rise to the occasion and do what they

needed to for our country.

And that's what we should have a right to expect right now.

Now I want to tell you the general framework of what is going to be available although the

mechanisms are not clear yet because I need to explain how an emergency piece of legislation

works.

A small group of people come up with the general parameters and very general language.

And then it's up to people who are generally legislative aides, lawyers on Capitol Hill

to come up with the actual legal wording that's what's going on right now.

And then following that we'll have the votes and then the signature by the president.

So in general terms, Americans who make up to 75,000 a year will get 1200 bucks.

Those with kids will get 500 bucks.

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