4.6 • 1.8K Ratings
🗓️ 21 December 2020
⏱️ 18 minutes
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0:00.0 | Welcome to the Jill on Money Podcast. It is Monday, December 21st. And we're |
0:10.4 | recording this at 4 o'clock on Sunday afternoon. |
0:14.7 | Looks like we're going to get a stimulus, ladies and gentlemen. |
0:17.2 | I can't believe it. |
0:18.2 | An additional $900 billion. |
0:20.8 | Here's what we know so far at this moment. Another round of non-taxable direct |
0:26.2 | payments of $600 for individuals with income that includes wages, Social security, and or pension. |
0:33.9 | You got to earn under 75 grand as an individual, right? |
0:37.6 | An individual, 150 grand, married filing jointly. |
0:41.7 | The amount's going to probably phase out. We don't actually have |
0:44.3 | those numbers but it was up to 99,000 for individuals in the last round, 198 for married filing |
0:51.3 | jointly. There's going to be another 330 billion dollars or so for that |
0:55.5 | paycheck protection program for small businesses and remember those extra $600 per week checks |
1:01.7 | that you got if you were unemployed, that federal extra benefit? |
1:05.0 | Well, it's going to be $300 per week and it will last for an additional 11 weeks, |
1:10.4 | at least through March 14th. |
1:12.4 | We're also seeing an extension for that time |
1:14.2 | that 11 weeks for assistance for contract and gig workers. There's going to be |
1:19.8 | aid for vaccine distribution and schools about $80 billion, assistance for transportation, |
1:25.2 | some money for airlines to get some of those furload workers back on the payrolls and public transit |
1:30.0 | systems. There was no specific mention at this time of an extension of eviction |
1:34.5 | moratorium and home loan forbearance for federally back mortgages, but I assume |
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