Stimulus Update: (Deadline $1,200 Stimulus Check) Federal Reserve Powell & Powell & HOUSE push $
Stimulus Update 11–14–20
Here’s your daily stimulus check, your second stimulus check, your executive action, order,
memorandums, moratoriums, and stimulus package update for Saturday, November 14th, 2020.
About 64,000 Philadelphia households could still claim their coronavirus stimulus checks from the federal government, but they have just a week left to get the money.
Millions of Americans received payments in April as part of the $2.2 trillion stimulus package passed by Congress.
Most eligible Philadelphians automatically received their checks but others didn’t get it because the IRS needs more information.
There are also those who also didn’t receive their checks because those households that don’t normally file tax returns because they earn little or no income.
The city is urging residents who haven’t been paid must submit information to the IRS’s Non-Filer Tool on the website by Nov. 21st.
Democratic Congresswomen Alexandria Ocasio-Cortez on Friday pleaded for another stimulus check after Mitch McConnell dismissed another call for a relief deal.
Congresswomen is urging lawmakers to resolve their issues to provide much-needed financial assistance to citizens across the country.
She tweeted, “Can we please get people stimulus checks and mortgage relief and rent forgiveness and small business support and free testing and hazard pay.”
She continued: “and healthcare for the uninsured (& underinsured) in the middle of a pandemic or is that too socialist?”
Ocasio-Cortez is certainly not the first person from Congress to plead for another deal.
Earlier this week we heard from Democratic Congressman Josh Gottheimer of New Jersey saying lawmakers and citizens are “out of patience” over the months-long delay.
The Federal Reserve Chair Jerome Powell urged lawmakers in Congress to pass another package instead of relying on a vaccine to solve the economic fallout of the pandemic.
Powell insisted that governments shouldn’t relax efforts to boost economic recovery just yet even when pharmaceutical companies Pfizer and BioNTech announced that their vaccine was over 90 percent effective.
Even Dr. Fauci predicted that the pandemic could reach its end soon.
However, Powell added, “From our standpoint, it’s just too soon to assess with any confidence the implications of the news for the path of the economy, especially in the near term.”
He added, “significant challenges and uncertainties” still remain around the world’s ability to produce and distribute any potential vaccines.
That was your stimulus check, your second stimulus check, your executive action and stimulus package update for Saturday, November 14th, 2020