By JOSH RESNEK
Many, many thousands of people breathed a sigh of relief Monday when the second Stimulus passed after taking months to negotiate.
The stimulus will provide, among others, an extension of unemployment benefits as well as a $300 unemployment weekly bonus for 11 weeks.
In addition, $600 checks will be sent to all taxpayers who make $75,000 or less as individuals, and $150,000 or less as a married couple.
Also, the stimulus provides for $600 checks for children up to the age of 17 and for those out on their own over 17.
The checks will be deposited into the accounts of those who pay their taxes electronically or who have given the IRS their electronic information.
Secretary of the Treasury Steve Mnuchin said those checks could begin arriving in checking accounts next week.
The $600 payment is better than nothing but in reality, cannot alter the financial situations of those in need.
For those running out of unemployment after Christmas, the Stimulus translates into an additional three months of payments.
The Stimulus provides added protection to those finding it impossible to pay their rent.
An edict not allowing evi tions will remain in place until the end of January. Twenty-five billion in rental assistance will be provided for those who lost their ability to pay their rent because of the virus.
Small loans will be provided through the Paycheck Protection Program. Some of the hardest-hit businesses will be allowed to apply for second loans.
Billions were appropriated for aid to America’s public schools and colleges.
Food banks will receive millions. Hospitals will be funded for vaccine distribution and testing for the virus.
No funding for cities and towns were appropriated.