2d stimulus test – what quantity of money may you obtain when a …

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Washington lawmakers had two weeks to negotiate and construct the next stimulus package.

However, negotiations between Republican and Democratic leaders have stalled, so it remains unclear what type of economic relief package will ultimately be presented to Americans still struggling during the coronavirus pandemic.

About Second
The second (symbol: s, abbreviation: sec) is the base unit of time in the International System of Units (SI) (French: Système International d’unités), commonly understood and historically defined as ​1⁄86400 of a day – this factor derived from the division of the day first into 24 hours, then to 60 minutes and finally to 60 seconds each. Analog clocks and watches often have sixty tick marks on their faces, representing seconds (and minutes), and a “second hand” to mark the passage of time in seconds. Digital clocks and watches often have a two-digit seconds counter. The second is also part of several other units of measurement like meters per second for velocity, meters per second per second for acceleration, and cycles per second for frequency.
Although the historical definition of the unit was based on this division of the Earth’s rotation cycle, the formal definition in the International System of Units (SI) is a much steadier timekeeper: it is defined by taking the fixed numerical value of the caesium frequency ∆νCs, the unperturbed ground-state hyperfine transition frequency of the caesium-133 atom, to be 9192631770 when expressed in the unit Hz, which is equal to s−1.
Because the Earth’s rotation varies and is also slowing ever so slightly, a leap second is periodically added to clock time to keep clocks in sync with Earth’s rotation.
Multiples of seconds are usually counted in hours and minutes. Fractions of a second are usually counted in tenths or hundredths. In scientific work, small fractions of a second are counted in milliseconds (thousandths), microseconds (millionths), nanoseconds (billionths), and sometimes smaller units of a second. An everyday experience with small fractions of a second is a 1-gigahertz microprocessor which has a cycle time of 1 nanosecond. Camera shutter speeds are often expressed in fractions of a second, such as ​1⁄30 second or ​1⁄1000 second.
Sexagesimal divisions of the day from a calendar based on astronomical observation have existed since the third millennium BC, though they were not seconds as we know them today. Small divisions of time could not be measured back then, so such divisions were mathematically derived. The first timekeepers that could count seconds accurately were pendulum clocks invented in the 17th century. Starting in the 1950s, atomic clocks became better timekeepers than earth’s rotation, and they continue to set the standard today.

Second stimulus check: How much money could you receive when a …

About stimulus
A stimulus is something that causes a physiological response. It may refer to:

Stimulation
Stimulus (physiology), something external that influences an activity
Stimulus (psychology), a concept in behaviorism and perception
Stimulus (economics)
For government spending as stimulus, see Fiscal policy
For an increase in money designed to speed growth, see Monetary policy
The input to an Input/output system, especially in computers

How much money U.S. citizens and families will receive if/when a compromise is official is unknown, but distribution amounts and eligibility requirements are at least presented on the GOP-backed HEALS Act.

“There are only really two choices for them: negotiate with Democrats and meet us in the middle,” Senate Minority Leader Chuck Schumer said in a CNet.com report.

Second stimulus check: How much money could you receive when a …

Schumer also said the second choice is to “go the route of President Donald Trump making an executive order.”

Friday was the original deadline set by Senate Majority Leader Mitch McConnell.

The HEALS Act has endorsed a $1,200 direct payment cap to qualified individuals, although a person’s tax filing status in 2019, among other factors, will determine how much of that $1,200 is received.

The Republican plan, according to CNet, would include $500 for dependents regardless of age.

This is a change from the first stimulus package (CARES Act), which denied payment to dependents 17 and older and university students under the age of 24.

In addition, the initial CARES Act provided no limit on the number of children who counted as dependents as long as they were under 17 and claimed by the taxpayer on their return. It meant a married couple with three kids, if qualified, could have received a maximum of $3,900.

Under the HEALS Act, without a maximum number of dependents, there is no mention of a cap on the total amount a family may receive.

A third proposal, the HEROES Act, which blazed through the House but has not yet been discussed in the Senate, has a $6,000 cap for families. It would distribute $1,200 to individuals and $1,200 each for up to three dependents.

CNet is reporting that second stimulus checks will likely be distributed in the same variations as the CARES Act, via check, direct deposit or Economic Impact Payment (EIP) cards.

While Republicans and Democrats have agreed that a second, direct payment to eligible Americans is needed, forecasting when a final bipartisan deal is struck is unknown.

US Treasury Secretary Steve Mnuchin said Friday that if the two sides can manage to reach an agreement, he’s prepared to “start printing [stimulus checks] the following week.”

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