Congress
Since last year, whenever Congress has returned from a long break, there have always been expectations of lawmakers approving fresh stimulus checks. Now that the lawmakers are back from their summer recess, people are starting to get hopeful of fresh coronavirus stimulus checks. This time, however, it is very unlikely that lawmakers would approve new checks as they already have plenty of things to focus on. Q2 2021 hedge fund letters, conferences and more Why Are Fresh Coronavirus Stimulus Checks Unlikely?Since the start of the pandemic last year, lawmakers have approved more than $3 trillion ...
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You may have recently come across a report claiming Congress has approved another round of stimulus checks amounting to as much as $7,000. This claim of a surprise coronavirus stimulus check, however, is completely false. Q2 2021 hedge fund letters, conferences and more Report Of Surprise Coronavirus Stimulus Check Is UntrueA recent report claimed that Congress had approved another round of stimulus checks of up to $7,000. Further, the report also claimed that the checks would start hitting the bank accounts of eligible recipients from August 19. Such claims, however, are false. Neither Congre...
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People have been anxiously waiting for another round of stimulus checks, but so far, there hasn’t been any official talks on it. Moreover, considering the other stimulus packages that President Biden is working on, along with a better than expected economic recovery, another round of stimulus checks seems very unlikely. But, now there is a slight chance that lawmakers may win approval for a fourth coronavirus stimulus check as Congress nears its long Fourth of July recess. Q1 2021 hedge fund letters, conferences and more Is there any chance of another coronavirus stimulus check?Congress is sch...
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After months of stalemate, Congress is finally nearing a consensus on the coronavirus relief package. In a big relief for Americans, the coronavirus stimulus checks are now reportedly back in the negotiations, but aid to state and local governments is out. Q3 2020 hedge fund letters, conferences and more Coronavirus stimulus checks back in, but state aid out?A report from CNN, citing sources familiar with the matter, said the stimulus package could be close to $900 billion. Earlier it was reported that stimulus checks wouldn’t be part of the stimulus package. Now, as per the report, stimulus c...
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Despite the surge in coronavirus cases across the U.S., the negotiations for the second stimulus package remain in limbo. Congress was on leave for most of last week, and is scheduled to return on Monday. Last week, Senate Majority Leader Mitch McConnell also finally agreed to restart negotiations on the coronavirus stimulus package (and possibly checks as well), but time is running out fast to work out a package in 2020.Q3 2020 hedge fund letters, conferences and moreCongress has fewer sessions left this yearEven though there is still a month left until the New Year, the time for official in-...
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Lawmakers have worked for months to come up with the next relief package, but so far there has been nothing except for words. Post-election developments do hint of a coronavirus stimulus package soon, but there is one more crucial factor that could decide when Congress approves the relief bill and if it would include checks or not, and this factor is the COVID-19 vaccine.Q3 2020 hedge fund letters, conferences and moreA vaccine dims chances of coronavirus stimulus checksThe sooner we have an effective COVID-19 vaccine, the better are the chances of no, or a reduced, stimulus package. In case a...
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It is now almost certain that there will be no stimulus package before the Nov. 3 election. This will come as a big disappointment for Americans who are still struggling to meet their needs amid the pandemic. The Republican governor of New Hampshire, Chris Sununu, slammed Congress for failing to come up with a coronavirus stimulus package, including checks, saying Americans would probably be a bit “better” off if all members of Congress were removed.Coronavirus stimulus checks: GOP governor wants to fire all Congress membersSununu’s comments came as House Speaker Nancy Pelosi and Treasury Secr...
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President Donald Trump has long been pushing the lawmakers to come up with the next relief package quickly. On Saturday again, he made a plea from Walter Reed Medical Center, where he was admitted after he tested positive for COVID-19. In a tweet, Trump urged Congress to come up with the coronavirus relief package and stimulus checks quickly.Q2 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: growing pressure on CongressTrump’s tweet came amid reports that House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin failed to strike a deal. Despite the negotiations,...
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Lawmakers may be saying that the coronavirus relief package is a priority for them. However, despite two months of negotiations, they have failed to reach a deal. Now, it is being reported that the Congress could be planning to leave town until after the election without passing another coronavirus relief package and stimulus checks.Q2 2020 hedge fund letters, conferences and moreLawmakers may complete work this week?A report from CNN noted that the Congress could be preparing to leave Capitol Hill as soon as this week until after the election without giving Americans another round of coronavi...
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