Mitch McConnell said today it will probably be 3 weeks before the stimulus bill goes to the house. Vacation starting August 8th

With new unemployment figures being higher with all the new shutdowns in states, Mitch saying today that this will take longer than they were hoping for. It looks like it’s going to the house in about three weeks. Just getting back from a three week vacation, the congress goes on another 31 day vacation starting August 8th. He wants to also make the next bill, additional bills so they can get things passed sooner that Republicans and Democrats agree on. But Nancy Pelosi is saying unless they agree to 600 a week on unemployment, the house wont even take up the bill and all senate democrats will vote no. Bottom line is don’t expect anything passed anytime soon. Not only does the unemployment benefits run out, but eviction protection ends after today. Now landlords, banks, can give a 30 day eviction notice as early as Sunday.

www.cnn.com/2020/07/25/politics/mitch-mcconnell-coronavirus-relief-bill-senate/index.html

Extra PPP aid expires…

More layoffs…

McConnell says new deal could take ‘weeks’…

Young Have Used 33% Of Total Savings During Pandemic…

 

AC