
Nearly 8 million Americans have fallen into poverty since Congress authorized a first round of $1,200 stimulus checks in April, and things are only getting worse. Lawmakers scrambled through the weekend to cobble together a new coronavirus stimulus plan, finally ending a half-year stalemate between congressional leaders and the Trump administration.The good news is that a second round of direct stimulus payments to individuals is included in the latest $900 billion stimulus package, even though they were not proposed in the original legislation.The bad news? The new check amount is significantly less than the first round of checks that were authorized …
Source: Money