JUST IN: New Stimulus Checks!! $2000 Plus $1000/mo In Congress [Info]

In this video, I go over the new proposed stimulus package called The Automatic BOOST To Communities Act. ✅Learn from Michael✅: https://www.patreon.com/bePatron?u=32... 📈 Get Two Free Stocks on WeBull(Valued up to $1400): https://act.webull.com/promotion/part... 💰 Get $5 on Acorns Investing App: https://acorns.com/invite/FVFG8R 💎 Get a Free Stock on Robinhood: https://join.robinhood.com/michaew12190 🏦 Get $20 on M1 Finance when you use my invite link: https://mbsy.co/Gwd7j 🎥 Stimulus Checks Update | SSA, VA, Railroad Retirement 4-24-2020    • Stimulus Checks Update | SSA, VA, Railroad...   🎥 NEW $1,000 Stimulus Checks JUST Passed!!! (EIDL Grants)    • NEW $1,000 Stimulus Checks JUST Passed!!! ...   🎥 NEW Stimulus Bill | FREE RENT & MORTGAGE [Info]    • NEW Stimulus Bill | FREE RENT & MORTGAGE   🎥 NEW $2,000 Per Month Stimulus Package In Congress! [Info]    • NEW $2,000 Per Month Stimulus Package In C...   -FOLLOW ME ON: Instagram:   / michaelwrub   Facebook:   / michaelwrub   Patreon: https://www.patreon.com/bePatron?u=32... Twitter:   / michaelwrub   TikTok: https://vm.tiktok.com/Hf1BcM/ Snapchat:   / michaelwrub   LinkedIn:   / michael-wrubel-905751178   1. What is the bill? It is called the Automatic BOOST to Communities (ABC) Act proposal, which was introduced by two Congresswomen and has 11 cosponsors If approved, the ABC Act would provide every American with a BOOST debit card that is preloaded with $2,000. The card would be reloaded with $1,000 each month until one year after the end of the COVID-19 crisis. By sending out debit cards, it would ensure that everybody living in America, including people who do not have bank accounts or social security numbers, non-citizens, and dependents, would receive the stimulus funds. The money can be withdrawn from an ATM, and the card can be used at any store that accepts credit or debit cards. The cards would be mailed out to most Americans, but those who do not have a permanent address would be able to pick them up in person from any FDIC-insured bank or credit union.  2. Who is eligible? The goal of this bill is to guarantee no one is left behind. As written, the bill would provide a $2,000 pre-paid debit card to everyone, including: 1. Taxpayers 2. Dependents 3. Non-citizens-This would include permanent residents, undocumented individuals, and temporary visitors whose stay exceeds three months. 4. Individuals who do not have a bank account, social security number, or permanent address. 5. People living in unincorporated territories or protectorates and Americans living abroad. 3. How much would you receive? This bill is very simple. It would give every American a BOOST debit card that is preloaded with $2,000. The card would be reloaded with $1,000 each month until one year after the end of the COVID-19 crisis.For example, The proposal gives an example of a family with four dependents being eligible to receive a pre-paid debit card for each taxpayer and each dependent. For example, a couple with two children would receive 4 debit cards at $2000 each, for a total of $8,000. 4. How Would Money Be Distributed? The funds would be distributed via pre-paid U.S. Debit Cards in a program managed by the U.S. Treasury. The pre-paid U.S. Debit Cards would be distributed via: Direct Mail: All individuals with an active address on file with any government agency would have a card sent to them to that address via USPS. In-Person Pickup: would apply to those who do not have a permanent address, as well as permanent residents, undocumented individuals, and temporary visitors whose stay exceeds three months. At-Risk Outreach: would address those who are elderly, homeless, disabled, or those live in remote areas. 5. What can you use the money for? The pre-paid U.S. Debit Cards could be used to make purchases at stores or online, or to make cash withdrawals at ATMs. 6. Proposal Calls for Digital Dollar System by 2021 This proposal also outlines the possibility of using the infrastructure behind the U.S. Debit Card system to create a “digital public currency wallet system,” or a digital currency based on the U.S. dollar. No later than January 1, 2021, the Secretary shall offer all recipients of BOOST payments the option to receive their payments in digital dollar wallets," 7. The ABC Act Would Be Paid For with Two $1 Trillion Coins The ABC Act would be funded directly from the Treasury with no additional debt issued by minting two $1 trillion platinum coins. Additional coins would be minted as needed.  #StimulusChecks #StimulusPackage #NewStimulus