3.26.20 Helicopter $ and unemployment compensation details; Student loan stimulus details; IRS filing updates; Taking care of those around you

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 5.2K Ratings

🗓️ 26 March 2020

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stimulus checks are coming. Clark details the Senate bill and what these stimulus payments will look like and who will receive them. The stimulus bill also includes provisions for everyone who has a federal student loan. Clark details the benefit for those people too. You don't have to file your taxes until July 15 now. But what about the contribution deadline for an IRA? The IRS has clarified some of the specifics about filing taxes this year and Clark discusses. It's so important to take care of those closest to you right now. Clark has thoughts on how to do that and how to do it well. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's my pleasure to welcome you to the Clark Howard Show where it's all about you and
0:10.6	that quality yours.
0:12.7	And I want to tell you, I'm a little groggy today because I got very little sleep last night
0:18.9	is I read the text of the stimulus bill.
0:23.8	I am about 20% through the 878 pages.
0:29.7	I've been skipping around to look for key provisions that would be most important to you
0:35.2	as a small business owner, as an individual, as a family member, as someone who owes
0:43.5	student loan money.
0:45.0	I've been looking at piece after piece of the legislation.
0:50.7	And I will be able, over the next day, to hopefully read all of the nearly 880 pages and
1:00.3	be able to speak to great specificity as far as specifics are truly finalized and available
1:08.7	on how the stimulus bill will work.
1:12.3	Our website is Clark.com and ClarkDeals.com.
1:16.3	Clark.com, we are narrow casting with various elements of the third stimulus bill with
1:25.5	information for you on how the implementations will work and is more information becomes
1:31.7	available over the next 72 hours.
1:35.8	We will update to even more specifics for you on it.
1:39.8	So let me deal with the headline on the helicopter money.
1:46.3	Helicopter money if you are not familiar with that term, that's an informal economics
1:51.0	term that when there is a calamity in a nation's economy, you try to drop money out of the
2:00.6	ideas that money would just flow out of a helicopter and people would grab it as it's
2:04.5	falling to earth.
	...

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