• Q&A: How can the huge congressional aid package help you?

    6 days ago - By Wood TV

    WASHINGTON - Congress is poised to approve an unprecedented $2.2 trillion economic rescue package that will provide one-time checks for most Americans and significant enhancements to unemployment benefits. Both will provide much-needed help to those recently laid-off and to financially stressed households as the coronavirus shuts down much of the economy.
    Here are some questions and answers about how the legislation can help you:
    WHO IS GETTING A CHECK?
    Everyone earning up to $75,000 in adjusted gross income - the income on your tax return - and who has a Social Security number will...
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  • Washington set to deliver $2.2 trillion virus rescue bill

    6 days ago - By Wood TV

    WASHINGTON - With rare bipartisanship and speed, Washington is about to deliver massive, unprecedented legislation to speed help to people and businesses as the coronavirus pandemic takes a devastating toll on the U.S. economy and health care system.
    The House is set to pass the sprawling $2.2 trillion measure on Friday morning after an extraordinary 96-0 Senate vote late Wednesday. President Donald Trump marveled at the unanimity Thursday and is eager to sign the package into law.
    The relief can hardly come soon enough. Federal Reserve Chairman Jerome Powell said Thursday the economy “may...
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