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EXACTLY WHERE THINGS STAND NOW with Unemployment Benefits Extension in DC | HEALS vs HEROES Act

White House Chief of Staff Mark Meadows: “I don’t know that there is another plan, other than no deal.” In this video, Dr. Chhoda explores:

1. Total negotiation standstill
2. Need for urgency from the federal reserve chairman
3. Resistance within the republican party
4. President and senate majority leader want a deal
5. Alternative unemployment insurance proposal from Mitt Romney

BREAKDOWN OF SENATE GOP $1.2 TRILLION “HEALS” ACT

1. $300 BILLION: Stimulus checks 2.0
2. $300 BILLION: Tax breaks/retention credit
3. $158 BILLION: PPP 2.0, help for industries
4. $111 BILLION: Health spending
5. $110 BILLION: Unemployment benefits
6. $105 BILLION: Education spending

BREAKDOWN OF HOUSE DEMOCRATS $3 TRILLION “HEROES” ACT

1. $1 TRILLION: STATE STATE/LOCAL/TRIBAL AID
2. $435 BILLION: EXTEND UI IN FULL
3. $430 BILLION: CHECKS 2.0
4. $380 BILLION: HEALTH AID
5. $300 BILLION: BUSINESS AID
6. $300 BILLION: TAX BENEFITS
7. $200 BILLION: HAZARD PAY
8. $200 BILLION: RENTAL/HOUSING AID

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Related Videos

Managing your Money Crash Course

Millionaire Mindset Blueprint

Stimulus Proposals

Stimulus Check Updates

Unemployment Benefits Crash Course

Remote Work 101

Reference

https://www.washingtonpost.com/us-policy/2020/07/29/trump-pushes-short-term-fix-unemployment-insurance-eviction-moratorium/

https://www.washingtonpost.com/politics/senate-leaders-trade-withering-criticism-as-benefits-set-to-expire/2020/07/30/af3d4df8-d272-11ea-af07-1d058ca137ae_story.html

https://www.washingtonpost.com/politics/trump-floats-idea-of-delaying-the-november-election-as-he-ramps-up-attacks-on-voting-by-mail/2020/07/30/15fe7ac6-d264-11ea-9038-af089b63ac21_story.html

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