EAST PEORIA (WEEK) - President Trump signed the massive $2.2 Trillion stimulus package last Friday. It offers relief for small businesses, large business, and includes a one time payment for Americans up to $1200 for individuals and $500 per child.
Wednesday, Senator Tammy Duckworth (D) Illinois, said there is another relief package in the works. "There's another plan in the works already. But I think there needs to be more money. We have enough money in there to help small businesses survive this time period, but we don't have money in there to help them survive the six to nine months following," she said via Zoom Wednesday afternoon.
Some people are finding out they won't be receiving a check. High School students over 17-years-old and college students who are still claimed as dependents on their parents taxes will not be eligible to receive a check. Additionally, immigrants who do not have a social security number are also not eligible.
The plan includes cash for many Americans, but also relief for businesses in the form of loans and grants. "The loans will be forgiven if they hire back all of their employees," explained Duckworth.
In the next stimulus bill, Duckworth wants to provide OSHA benefits for front line workers. "Not just healthcare workers. Cashiers at grocery stores, people stocking shelves, and delivery drivers too," Duckworth explained. Adding, "Those people are on the front lines too. And they never asked to be on the front lines but they are."
Seniors who collect social security will not have to file taxes in order to receive their check according to the Treasury Department, contrary to previous reports by the IRS.