Ep. 392: Let’s Break Down This New Stimulus Bill…

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This week on the Pete the Planner Show, Pete admits that Damian was right! Whether you know if that’s common or not, check out the show to find out why.

NOTE: In the first six months of 2021, we’re going to make over five families’ financial lives, LIVE on the air! WE’RE GIVING AWAY FIVE FREE HEY MONEY, MEMBERSHIPS to walk with them across six months telling their stories about their struggles in personal finances.

No time to listen? BUMMER. Here’s some of what happened:

Show Notes:

The New New Stimulus Package:

    • What’s included in the bill that people are upset about?”
      • Damian: It’s equal opportunity to offend everyone. The direct payments to individuals got a lot of attention. The first time, it was $1200, this time it looks to be signed off for $600. They needed to do better in this case.
      • Pete: So, it took 6 months to give people half of the money they needed to survive 6 months ago. That’s where we’re at.
    • Is Congress out of touch for the American people? Do they not understand that $600 is not a lot of money for most?
      • Damian: [FIND OUT HIS RESPONSE IN THE SHOW!]

 

Eviction Moratorium:

    • Pete: I do like one part of the Bill that’s going to help me sleep better at night… There was reportedly $70 million in back rent due come January 1st. As part of the new Stimulus Bill, is reported to have about $25 billion in rental assistance included for people to catch up on their delayed payments.

 

Unemployment Benefit:

    • The new Bill includes $300 of additional unemployment benefits 
      • It finally extends to the benefit to workers in the gig economy.

 

There’s so much more in the full show, including the laughs!  — click PLAY below for the full show.


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