NEW $6000 STIMULUS CHECK | What You MUST Know!

Summary by Krater

The video summarizes the proposed $3 trillion stimulus bill, outlining details regarding $1,200 stimulus checks, rent and mortgage freezes, homeowner forbearance, unemployment benefits, and student loan forgiveness.

From the video

Answers: What is in the new $3 trillion stimulus bill proposal?

• Stimulus check proposal
• Rent and mortgage cancellation
• Homeowner forbearance
• Unemployment benefits extension
• Student loan forgiveness

What it concludes

• Under $75,000 income, individuals receive a $1,200 stimulus check, decreasing by $5 for every $100 over $75,000.
• Married couples can get up to $2,400 for incomes of $150,000 or less, subject to the same phase-out.
• Dependents, including college-aged and adult dependents, are eligible for an additional $1,200 stimulus check up to three dependents, applied retroactively.
• Renters are proposed an eviction freeze for 12 months for non-payment of rent, followed by an additional 30-day notice to vacate.
• Homeowners are eligible for up to 12 months of mortgage forbearance that applies automatically, with options to request up to 360 days.
• Unemployment benefits include an extended $600 per week benefit all the way until January 31, 2021.