Congress continues to debate on the second round of stimulus designed to throw lifelines to every American in what is being called the “Coronavirus Recession.” Their self-imposed deadline to agree is August 7th and has us watching developments closely this week. Here’s our quick analysis. Democrats have proposed the Heroes Act and Republicans the HEALS Act. Both have plenty of well-meaning material proposed, but some key differences they will need to meld. We are watching these 4 areas closest: Stimulus Checks It appears they agree that some form of $1200 payment will come again to all individuals like what we experienced in the CARES Act earlier this year. We expect this to once again be figured on the same income formula based on the Read More...