Second Stimulus Check Update - Unemployment Benefits Update (8/18/2020)

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Second Stimulus Check Update - Unemployment Benefits Update (8/18/2020)

Welcome back to your second stimulus check update for August 17,2020.

0:00: Intro
0:12: Unemployment Benefits Update
1:00: Commit to this!
1:28: Stimulus check IRS fix
2:06: Breaking News about Walmart
2:57: Post Office Drama & Mail In Voting
6:05: Why Congress Is Worried About USPS
7:15: When We Might See Second Stimulus Check

The Unemployment Benefits Update:
The news is in about the unemployment benefits deal that President Trump was attempting to make with state governments. 18 states have agreed to the unemployment benefits deal, including California, the rest of the country is still analyzing the unemployment benefits deal beside 2 states, Mississippi & South Dakota, which declined President Trump's unemployment benefits deal.

IRS Stimulus Check Fix:
Just a reminder, if you did not receive the proper amount of stimulus check when the government initially dispursed them back in March, you have until September 30 to make a claim with the IRS.
Link for Get My Payment (IRS):

Breaking News about Walmart:
Walmart just released its earnings report, they attributed their recent growth to the stimulus check that was paid out back in March. July saw a 4% jump in revenue at Walmart. Walmart did notice though, that the further we get away from the original stimulus check, the more revenue began to taper. So Walmart is calling for an additional stimulus check because they are noticing the growth and stimulation of the economy.

Post Office Drama:
3 months ago, President Trump appointed a new Postmaster General, who made contributions to his Presidential campaign and is a huge supporter of President Trump. But the Postmaster's job was to find a way to prevent USPS from bleeding money which started back in 2007. In President Trump's words, he wanted to, "Make the Post Office Great Again". So the Postmaster made significant cuts to spending for the USPS and this brought up concerns for Democrat lawmakers because of the mail in voting proposal. Mail in voting will cost the post office a significant amount of funding. Republican lawmakers are concerned with fraud and mistakes when it comes to mail in voting which may curb the voting process one way or the other. For example, many deceased people received a stimulus check in march, so the records have not been accurately updated which again, may cause errors in the mail in voting process.

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