Second $1,200 stimulus checks could be coming. For many, that won’t cover the rent
Tenants and housing activists in Brooklyn, New York, protested in a Bushwick park on July 5.
Erik McGregor | Getty Images
Negotiations over the next coronavirus stimulus package on Capitol Hill ended the week in a stalemate.
But there’s one form of help lawmakers reportedly agree on: a second set of stimulus checks.
This week’s political impasse prompted President Donald Trump to sign executive orders on Saturday aimed at providing immediate relief in certain areas including extra unemployment benefits, extending the federal moratorium on evictions, deferring some student loan payments and initiating a payroll tax holiday.
That’s as the unemployment rate fell to 10.2% in July. While that is an improvement, about 1 in 10 Americans can’t find work.
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[Source: CNBC News]
