NEW! Second Stimulus Check is Coming, Here's Why | Stimulus Package Update & Stimulus Update June 14

This is your Second Stimulus Check update and stimulus check 2 update as of Sunday, June 14th. We cover the second stimulus check, the stimulus update, and also the next stimulus package.

As you already know, there has been so much debate in Congress about the next stimulus package. At the moment, Senate Republicans are not in support of the proposed HEROES Act which includes another $1200 direct payment to the American people.
For many, the first stimulus check has not been sufficient as the struggle continues.
Right now, the debate over a second stimulus check for 2020 -- and how much money you could get -- appears to be on hold for June. Though the situation could change.
In today’s video, you will discover the 3 major signs that a second stimulus check will be sent to the American people. Also, I’ll be disclosing some new and easy ways to make extra money from home for those looking to boost their income. So stick around till the end.
So far, the U.S. government has sent some 159 million stimulus checks but
Here are the 3 Signs That Suggest Another Stimulus Check Is Coming:
Experts Expect Slow Economic Recovery
The pandemic caused the economy to shut down. As a result major economic damage that sank the U.S into a recession happened.

This recession is unlike any other in history, since it was, in a sense, man-made, with economic activity coming to a complete stop.

The International Monetary Fund forecasts that this global recession will become the worst downturn since the Great Depression.

With unemployment benefits expiring soon, major companies going bankrupt and millions of workers still jobless, it is almost impossible to say that the economy will bounce back quick.

The Fed has expressed interest in helping out the economy. On Thursday, Treasury Secretary, Steven Mnuchin told CNBC that he’s prepared to return to Congress to request additional fiscal spending to help juice the economy if needed.
MarketWatch also reported last week that Mnuchin is considering options to stimulate the economy with more direct money to the people.
Give this video a thumbs up if you support direct payments to the American people.
The President and Top White House Officials Are in Support
Last week, President Trump told reporters in the White House Rose Garden that he’s asking for additional stimulus money.
Economic advisor Kevin Hassett told the Wall Street Journal that the odds of another stimulus package “are very, very high.” He said this will continue to hold true even if data on output and jobs continue to exceed expectations.

Public Health Experts Fear a Big Second Wave of Virus Cases
A lot of people are afraid that the virus is making a comeback.
Many experts fear attempts to reopen shuttered state economies and mass protests over police brutality and structural racism could contribute to a second spike in cases.
The rise in U.S. reopening efforts has made investors nervous that states may have to reimpose business closures to again try to slow the spread of the virus.

According to Forbes, recently, cases have increased in Texas, Arizona, Florida and California. While the magnitude of a spike still remains unknown, a second wave would cause further setback to the economy, prompting a stronger argument for why more stimulus relief is needed.

No doubt, Congress doesn’t move as fast as we think they should, so be sure to subscribe for the latest update as we track the progress of the second stimulus check.

The Wall Street Journal reported that the White House is working on a plan, and Senate Majority Leader Mitch McConnell has mentioned that Congress may decide in the next several weeks.

CHECK BACK LATER FOR MORE UPDATES.
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