Treasury Trying to Send $600 THIS WEEK + Pelosi Wants MORE Than Trump!

A quick update for you, Washington Post is reporting that according to an anonymous senior Treasury official, the Department of the Treasury is rushing to send out the first six hundred dollar stimulus payments by the end of this week. 

Last week, Secretary Mnuchin said checks would arrive this week under the assumption that Trump was going to sign the bill last week, well he just signed it yesterday, but even so it’s reported that Treasury is still trying to send out the first batch of six hundred dollar stimulus payment this week.  Key word here: “try”.  That doesn’t mean it’s going to happen, but they are trying. 

Obviously those receiving direct deposits, if you got a direct deposit with the last stimulus payment, you will probably be one of the first.  If you got paper checks last time, well I wouldn’t get your hopes up for this week obviously.  This is particularly interesting given that Friday is New Year’s Day, which is a federal holiday, but nevertheless, this senior official is saying that they are sticking to the same targeted timeline that Mnuchin outlined last week but of course said things could change. 

So that’s one update, Treasury trying to get six hundred dollar payments out this week, but don’t hold your breath.  Second update is we have now seen the actual legislative text of the CASH Act, and it actually wants to send out more money than we thought.  Based on Trump’s statement yesterday Trump has in mind two thousand dollar checks for non-dependent adults and six hundred dollar checks for children, that’s why in his family of four example he said fifty-two hundred bucks.  But now that we’ve seen the legislative text of the CASH Act, it actually wants two thousand dollars for adults and two thousand dollars for dependent children under the age of seventeen, it’s saying anybody who would get six hundred dollars under the original bill that is now law, scratch that, make it two thousand, it doesn’t say only the adults, it says wherever six hundred dollars appears, make it two thousand. 

And where twelve hundred appears which is the amount for married couples, make it four thousand, so that actually increases the cost of this thing to four hundred and sixty-four billion dollars, and that’s even less of an incentive for Republicans to go for this, and in fact what the House is voting on today is different than what even Trump had in mind because in his mind he wants two thousand for adults, six hundred for kids as indicated by the calculus in his statement last night. 

So House is voting on this today, right now, actually will need a ⅔ present and voting required to pass because they’re trying to pass this under suspension, meaning they suspend the normal rules to get something to the floor, but to do that, you need a ⅔ majority rather than a simple greater-than-fifty-percent majority.  If the ⅔ vote fails, they will push for a regular majority vote as well. 

I just saw a quick tweet here from a reporter, Kevin Brady, top Republican on Ways and Means, opposes the two thousand dollar check, so that’s not good news if that’s any indication of where Republicans are out on this.

56 comments

  1. Thanks for your marvelous posting! I truly enjoyed reading it, you could be a great author.I will ensure that I bookmark your blog and will often come back in the future. I want to encourage you continue your great posts, have a nice evening!

  2. Great V I should certainly pronounce, impressed with your site. I had no trouble navigating through all tabs and related info ended up being truly simple to do to access. I recently found what I hoped for before you know it at all. Reasonably unusual. Is likely to appreciate it for those who add forums or anything, web site theme . a tones way for your client to communicate. Nice task..

  3. That is really attention-grabbing, You are an excessively skilled blogger. I’ve joined your feed and look forward to in search of extra of your fantastic post. Also, I have shared your web site in my social networks!

  4. This is the suitable blog for anybody who needs to search out out about this topic. You understand so much its almost laborious to argue with you (not that I actually would want…HaHa). You undoubtedly put a new spin on a subject thats been written about for years. Nice stuff, just nice!

  5. Nice read, I just passed this onto a friend who was doing a little research on that. And he just bought me lunch as I found it for him smile Therefore let me rephrase that: Thank you for lunch! “Procrastination is the thief of time.” by Edward Young.

  6. Excellent beat ! I would like to apprentice while you amend your website, how could i subscribe for a blog web site? The account aided me a acceptable deal. I had been tiny bit acquainted of this your broadcast offered bright clear idea

  7. Have you ever thought about adding a little bit more than just your articles? I mean, what you say is important and everything. But imagine if you added some great photos or video clips to give your posts more, “pop”! Your content is excellent but with pics and clips, this blog could certainly be one of the most beneficial in its niche. Awesome blog!

  8. I carry on listening to the rumor talk about receiving boundless online grant applications so I have been looking around for the best site to get one. Could you tell me please, where could i get some?

  9. This blog is definitely rather handy since I’m at the moment creating an internet floral website – although I am only starting out therefore it’s really fairly small, nothing like this site. Can link to a few of the posts here as they are quite. Thanks much. Zoey Olsen

  10. I think other web-site proprietors should take this website as an model, very clean and excellent user friendly style and design, as well as the content. You are an expert in this topic!

  11. Hey there! Do you know if they make any plugins to protect against hackers? I’m kinda paranoid about losing everything I’ve worked hard on. Any tips?

  12. This is the right blog for anyone who wants to find out about this topic. You realize so much its almost hard to argue with you (not that I actually would want…HaHa). You definitely put a new spin on a topic thats been written about for years. Great stuff, just great!

  13. I got what you mean , regards for posting.Woh I am lucky to find this website through google. “Those who corrupt the public mind are just as evil as those who steal from the public.” by Theodor Wiesengrund Adorno.

  14. I discovered your blog site on google and check a few of your early posts. Continue to keep up the very good operate. I just additional up your RSS feed to my MSN News Reader. Seeking forward to reading more from you later on!…

  15. Howdy! Do you know if they make any plugins to assist with SEO? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good results. If you know of any please share. Appreciate it!

  16. I’m really loving the theme/design of your website. Do you ever run into any browser compatibility problems? A couple of my blog readers have complained about my site not working correctly in Explorer but looks great in Firefox. Do you have any recommendations to help fix this issue?

  17. I am now not certain where you’re getting your information, however great topic. I needs to spend some time finding out more or figuring out more. Thank you for excellent information I was in search of this info for my mission.

  18. Thanks for sharing excellent informations. Your web-site is very cool. I am impressed by the details that you have on this site. It reveals how nicely you perceive this subject. Bookmarked this web page, will come back for extra articles. You, my friend, ROCK! I found simply the info I already searched everywhere and just could not come across. What a great web site.

  19. I would like to express appreciation to the writer for bailing me out of this instance. Because of checking through the world wide web and seeing views which were not beneficial, I thought my life was over. Living without the strategies to the issues you have fixed through your main write-up is a critical case, as well as the kind that could have in a negative way damaged my career if I had not noticed your blog. Your own expertise and kindness in dealing with every aspect was valuable. I’m not sure what I would’ve done if I hadn’t come across such a point like this. I am able to at this point look ahead to my future. Thanks so much for this skilled and sensible guide. I won’t think twice to propose your web page to any person who needs to have guide about this issue.

  20. There are certainly plenty of details like that to take into consideration. That could be a nice level to convey up. I provide the ideas above as general inspiration but clearly there are questions like the one you bring up where crucial factor will probably be working in sincere good faith. I don?t know if greatest practices have emerged around issues like that, but I’m positive that your job is clearly identified as a good game. Both boys and girls feel the impact of only a moment’s pleasure, for the remainder of their lives.

  21. Today, I went to the beach with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!

  22. Hi there, just changed into alert to your weblog through Google, and found that it’s really informative. I am going to be careful for brussels. I’ll appreciate in case you continue this in future. Lots of folks can be benefited from your writing. Cheers!

  23. Greate article. Keep posting such kind of info on your site.
    Im really impressed by it.
    Hi there, You’ve done an incredible job. I’ll definitely digg it and in my view
    recommend to my friends. I’m confident they’ll be benefited
    from this web site.

Leave a reply

Please enter your comment!
Please enter your name here