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HEALS vs. CARES vs. Heroes stimulus packages: Key differences between Democratic and Republican proposals – CNET

Published

7 months ago

August 5, 2020

money-bills-dollars-recession-stimulus-cash-4392 — CARES, HEALS, Heroes. Here’s what each stimulus package has to offer.
Angela Lang/CNET

Understanding the key differences between the Republican HEALS Act plan, the Democratic counter-proposal Heroes Act and March’s CARES Act, which authorized the first direct payments, will give you insight into why it’s taking Washington leaders a long time to form a consensus on the next economic package aimed at providing relief during the ongoing coronavirus recession.

Once a decision is reached, implementing the plan could be challenging.

“Economists and labor market experts also warn that any solution that emerges from the negotiations would take weeks, if not months, to get up and running, risking a potentially catastrophic fiscal cliff for tens of millions of US households,” The Hill cautioned.

Both sides of the aisle concur that a second stimulus payment for qualifying Americans should be part of the final relief bill, but still disagree on enhanced jobless benefits: Democratic leaders want to reinstate the $600 weekly amount that expired on July 31 and object to the GOP’s figure of just $200 per week in enhanced benefits. However, White House and Senate Republicans have signaled a willingness to meet in the middle.

Below, we lay out the key similarities and differences between the HEALS act (as proposed), and the CARES and Heroes Acts. Check back on this story for updates.

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Stimulus standoff on Capitol Hill

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	CARES (from March)	Heroes (Democratic)	HEALS (Republican)
Total cost of stimulus package	$2.2 trillion	$3 trillion	$1 trillion
Stimulus check maximum payment amount	$1,200 to single filers earning under $75K per year, $2,400 for joint filers under $125K. Reduced $5 per $100 of income above limits.	Same as CARES.	Same as CARES.
How much stimulus money you get for dependents	$500 for dependents, 16 and under. College students, 24 and under, are not eligible.	$1,200 for dependents, maximum of three.	$500 for dependents, no age limit.
Enhanced unemployment benefit	$600 per week in addition to state benefits.	Same as CARES.	Initially $200 per week. Then up to $500 per week to match 70% of lost wages when added to state benefits.
How long enhanced unemployment lasts	Expires July 31.	January 2021 for most workers, through March 2021 for gig workers, independent contractors, part-time workers and self-employed.	$200 per week bonus through September. Then 70% matching of lost wages. Extends expiration of federal benefits until Dec. 31.
Paycheck Protection Program	Allocated $659 billion total in forgivable loans for small businesses, who must use 75% on payroll to be eligible for forgiveness. $130 billion remains, but expires Aug. 8.	Expands eligibility, eliminates 75% payroll requirement and extends application period to Dec. 31.	Injects another $190 billion into the PPP fund, expands eligibility and allows businesses to request a second loan. Eliminates 75% payroll requirement and expands approved uses of funds for loan forgiveness.
Employee tax credit	Tax credit on 50% of up to $10,000 in wages.	Increases tax credit to 80% of up to $15,000 in wages.	Increases tax credit to 65% of up to $30,000.
Bonus for employees who start new jobs or are rehired	Does not address.	Does not address.	There could be a return-to-work bonus of up to $450 per week for unemployed workers who secure a new job or are rehired.
Eviction protections and moratorium	Bans late fees until July 25 and evictions until Aug. 24 on properties backed by federal mortgage programs (Fannie Mae, etc.) or that receive federal funds (HUD, etc.).	Expands to cover nearly all rental properties in the US, extends eviction moratorium an additional 12 months, allocates $200 billion for housing programs and another $100 billion for rental assistance.	Does not address.
School reopening	Does not address.	$58 billion for grades K-12, $42 billion for higher education.	$70 billion to K-12 that open for in-person classes, $29 billion for higher education, $1 billion to Bureau of Indian Education, $5 billion state discretion.
Liability protection from coronavirus illness	Does not address.	Does not address.	5 year liability shield to prevent schools, businesses, hospitals, from being sued over coronavirus-related issues.
Coronavirus testing	Does not address.	Does not address.	$16 billion.

Source : CNET Read More

Tech

Charge Your Phone Wirelessly With 50% off a Multifunctional LED Lamp

Published

3 weeks ago

February 10, 2021

theworldtrend

Best Tech Deals

Best Tech DealsThe best tech deals from around the web, updated daily.

When you’re ready to turn in for the night, you don’t want to forget to charge your phone— especially if your mobile device doubles as your alarm clock.

With this wireless charger lamp, you can make this crucial step of your nightly routine even easier by just setting your phone on the wireless charging pad and… well, that’s all there is to it!

Other functions include multiple lighting modes as well as a sleep timer option for auto shut-off of the light after 30 or 60 minutes.

This lamp can be yours in white for $18 if you clip the coupon on Amazon (it’s below the original $40 price) and add promo code ABC88699 at checkout.

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You can snag the black version for $20 using the same code—no coupon though, sorry.

Don’t sleep on this deal! Who knows how long stock or the coupon code will last?

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Tech

Keep That Hotdish Hot With 65% Off a Luncia Casserole Carrier, Only $11 With Promo Code

Published

2 months ago

December 22, 2020

theworldtrend

Best Home Deals

Best Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Luncia Double-Decker Dish Carrier | $11 | Amazon | Promo code SDDU9S7F

It has been a long time since the days we could safely have a potluck or other gatherings, but we have a fantastic deal perfect for once those times return. These double-decker Luncia dish carriers can be had for 65% off when you add promo code SDDU9S7F at checkout and clip the coupon on the site (it’s just below the price). These holders fit 9″x 13″ sized baking dishes.

That means you can insulate and keep two dishes of food warm for only $11 instead of $30. What’s more, your Luncia carrier will arrive by Christmas if you order today as a Prime member.

Just add promo code SDDU9S7F and clip the 5% off coupon to bring the price down to $11 for the blue or the grey option.

Grab this offer while it’s still around!

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Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum

Published

4 months ago

November 1, 2020

theworldtrend

Best Home Deals

Best Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy

Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy

Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.

You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.

It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!