Second $1200 Stimulus Check APPROVAL Success Chances & Odds | Summary and Q&A

TL;DR

The chances of the $1200 stimulus check passing are around 80-90%, based on similarities to previous legislation and the ongoing need for relief.

Key Insights

• 🪡 The Heroes Act still needs to go through the Senate and gain the President's approval.
• ✋ The similarities between the Heroes Act and the previous CARES Act suggest a higher likelihood of passage.
• ⏮️ There is speculation that the government may be intentionally prolonging the process to assess the effects of previous relief.
• ☠️ The need for continued relief, given the high unemployment rates, supports the approval of a stimulus check.
• 💦 Some concerns include the potential decrease of incentives to work if stimulus checks are given out.
• 🦕 The approval odds are estimated to be around 80-90%.
• ❓ The writer celebrates reaching 100,000 subscribers on their YouTube channel.

Transcript

stimulus check success odds what is the likelihood that that $1200 stimulus check is actually gonna get passed so over this past Friday we heard some pretty big news with the house actually passing the heroes Act now although this is this sounds really good and a lot of news media articles can hype this up being like are this is the best thing ever... Read More

Questions & Answers

Q: What are the chances of the stimulus check passing?

Based on current circumstances and the need for relief, it is likely that the stimulus check will pass with a 80-90% probability.

Q: Why is the bill going through different entities?

The bill needs to be passed by the House, the Senate, and gain the approval of President Trump in order to become law.

Q: Is the government intentionally prolonging the process?

There is speculation that the government may be prolonging the process to see the effects of the previous stimulus before deciding on further relief.

Q: How is the cost of the Heroes Act similar to the previous CARES Act?

The cost of the Heroes Act and the previous CARES Act are in the same ballpark, indicating that there may be a higher chance of it passing.

Summary & Key Takeaways

• The House has passed the Heroes Act, but it still needs to go through the Senate and gain President Trump's approval.

• There are similarities between this bill and the previous CARES Act, including the cost and the amount of the stimulus check.

• Some speculate that the government may be intentionally prolonging the process to see the effects of the previous stimulus before deciding on further relief.