Here's how the coronavirus stimulus affects you

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CBS This Morning

CBS This Morning

Hace 2 meses

The CARES Act, signed into law on Friday, is the largest economic stimulus package in history. The bill allocates $2.2 trillion to people and businesses negatively impacted by the coronavirus’ effects on the economy. Jill Schlesinger joins “CBS This Morning: Saturday” to explain if and how the stimulus will affect you.
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Comentarios
New Era Socialist
New Era Socialist Hace 17 días
Still no check.
Jim Benge
Jim Benge Hace 23 días
What is the point in giving stimulus when the State of Indiana takes it all for Child support? All of it went to the ex.. And I'm a, now struggling, SBA and she is already on welfare! She receives hers as well as the extra for 2 children, which is really extra income on top of what she already gets. And she gets mine while my business is left struggling or possibly close?!! And I will have to pay taxes on it as well?! Oh, and she moved out of state thanks to the raise in her income... Thanks for making the lazy rich!!! Welcome to a Greater (and even Stupider) America! SMH....
Corey Chambers
Corey Chambers Hace un mes
I can’t complain about the 1200 dollar I’m happy with it good pocket change
Jane Aquaro
Jane Aquaro Hace un mes
If this was the other way around and we owed money to the IRS, we would get jail time threats and charged interest and compounded daily!! When we ask where our relief check is in order to have a roof over our heads, we get the same rude answer!
Sylvia Street
Sylvia Street Hace un mes
You know who’s making money from borrowing? The loan companies!
Zachary Hill
Zachary Hill Hace un mes
eswomen.com/id/v%C3%ADdeo-AKN_DjVDcLk.html
Donald Trump
Donald Trump Hace un mes
Check your bank account baby girl.
Luvy L.
Luvy L. Hace un mes
Will we have to pay this money back to the government in the near future?
Little Miss Muffet
Little Miss Muffet Hace un mes
The numbers dont add up ....First 250 b. to individuals making under 75.000 yr. and up to 99.000 yr. each get a 1200 check and an extra 50/ per child .....and ppl getting SS and SSI benefits ...............All the ppl in this bracket are suppose to receive $1200 out of $250 billion One problem ....its not enough to cover everyone ....So they are giving it out in waves ...1) ppl making under 99.000 yr. and 500 for each kid .... there is not enough to cover the ppl in the forst wave ......so how do they decide ....do they go in alphabetic otder ? and ppl at the end of the alphabet lose out ? or do they start by the most impoverished ???? doubtful . i bet they start at the ppl that make beyween 75.000 yr to 99.000 yr . ..... which means ppl who make under 75000 yr . will be left out ..... ALSO , why is the 250 b for individual checks and 250 b. for enhanced unemployment benefits on the same line ? ...... it appears that there is only 250 b for both groups put together , which would mean its actually only 125 b. for each program .... even if its seperate the grand total equals 1 trillion and 250 billion but they claim it equals 2.2 trillion ....which means , there is 850 b. not accounted for perhaps higher (250 b ). So most americans will not see any relief at all there is 90% of americans in the below 75.000 yr. ( income ). 9.9% of americans make above 75.000 per year 0.01% of americans make over 50 million per year and more ........that group is getting 550 billion . thats not nice trump .many americans ...... like almost all of us will be expecting help in this relief package .............. and it will of run out before it even reaches 30% of us ....same with unemployment And the 00% of all Americans are the ones who will be paying back this 2.2 care package ..........and the less than 1% of americans get the bulk of it , yet they do not have to pay it back ....since trump cut their taxes now a large number ...DO NOT PAY ANT TAXES ... that group used to be taxed at 91% here in the US ........ack when things were good here in the United States .and businesss were booming ...everyone was working and thriving The great America ppl wanted to return to when they voted for trump ..............NOPE Just the opposite is happening........You just dont realize it yet .
Sammy Zoom
Sammy Zoom Hace un mes
Is is true they are taking all the money back dollar for dollar from next years income tax refunds???
MADARA UCHIHA THE TRUE SAVIOR
MADARA UCHIHA THE TRUE SAVIOR Hace un mes
It's crazy how money controls our lives
Nevermore
Nevermore Hace 20 días
Totally unnecessary as well. We have the natural resources, technology, knowledge, science to create a world of abundance never seen before in human history. There is no such thing as scarcity other than false scarcity created by rationing resources via the concept of money.
Soinas Doyi
Soinas Doyi Hace 2 meses
don’t discount how much this can help some of us.
Elizabeth Guzman
Elizabeth Guzman Hace 2 meses
Nothing comes free
Elizabeth Guzman
Elizabeth Guzman Hace 2 meses
😄😄😄😄i don't believe people us will get a check n if we do probably we have all have to give it back
Billy Estep
Billy Estep Hace 2 meses
I see all these promises of increase unemployment pay and stimulus check. Yet it’s been 2 weeks and I haven’t heard of anyone receive these promises. All I see is govt forcing businesses to close cause a few people are dying of the flu. Makes sense not
Soinas Doyi
Soinas Doyi Hace 2 meses
What about if I file a return for last year but this year someone claimed me on their return? Also, I'm a gig worker, I sit with an elderly man during the week, since this has
afutla qian
afutla qian Hace 2 meses
Me: Yay, we are getting $1200, so thankful! This helps! Me on the phone: “Wait a minute, explain how my car insurance premium went up.”
oiuet souiu
oiuet souiu Hace 2 meses
don’t discount how much this can help some of us.
Stop Hacking
Stop Hacking Hace 2 meses
Yes so, there's talk about them taking onts out of our pay checks!
Jose Mercedes
Jose Mercedes Hace 2 meses
Where is the rest of the 850 billion dollars going? I only see 1.35 trillion dollars here. I would like that part also explained.
oiuet souiu
oiuet souiu Hace 2 meses
🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿
franklin archambault
franklin archambault Hace 2 meses
not getting one SSA to small to pay taxes so like always I will have to adjust
franklin archambault
franklin archambault Hace 2 meses
@afutla qian I always plan for the unexpeted and this is just an inconvients I always get along so no biggie but it would have helped
afutla qian
afutla qian Hace 2 meses
🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿
Young Boss Vlogger
Young Boss Vlogger Hace 2 meses
THANK YOU
John Pearson
John Pearson Hace 2 meses
At the present time the $2.2 trillion stimulus package left a quarterly déficit of $4 trillion. We are gonna need a much bigger boat in the next stimulus package!
Tony Atliss
Tony Atliss Hace 2 meses
O we haven't seen anything yet
Honey Adeniyi
Honey Adeniyi Hace 2 meses
What about people who make less than $75,000?
Claudia Claudia
Claudia Claudia Hace 2 meses
Trump hook them up with good microphones
abbsnn cose
abbsnn cose Hace 2 meses
The responsible side of me says to invest in the stock market, the irresponsible side of me is to buy video games.
Johnny Lee
Johnny Lee Hace 2 meses
Do we qualify if we do income tax for youtube
WO ME
WO ME Hace 2 meses
Cut taxes and child support
Geoff Roach
Geoff Roach Hace 2 meses
We're most likely gonna have to see multiple checks get shipped out, because we may not start seeing a decline in this until after may, which means 40% of American's won't be able to work until June.
ROZZY ROZE
ROZZY ROZE Hace 2 meses
WILL I GET A CHECK IF MY SISTER CLAIMED ME AND MY MOM IN 18-19 THANKS.
Jessica Trotter
Jessica Trotter Hace 2 meses
What about if I file a return for last year but this year someone claimed me on their return? Also, I'm a gig worker, I sit with an elderly man during the week, since this has happened I haven't gotten paid.. Do I get any sort of relief?
Mentally Hurting
Mentally Hurting Hace 2 meses
what's going on with people on disability?
cruz silva
cruz silva Hace 2 meses
I have to admit. this stimulus money aid. won't take place. won't happen. it's one thing after another as to the money aid package. the republicans will find a way to by pass that money aid from reaching our hands. that I strongly believe. what i'm saying seeing is believing. don't count your chickens till you see it in your bank card, or a actual check in the mail
cruz silva
cruz silva Hace 2 meses
@TrueMohax as ur to reply. as whom. the Democrats should be the ones that all America needs to worry about. if that's ur finger is seriously pointing too. the Democrats fought hard during the senate, debating the the rights to aid all & every American as to the coronavirus, the Democrats have always created bills, programs that benefits all Americans throughout the united states. the republicans aim has always been to demolish those very bills, programs created by the Democrats. the republicans don't really care for the American people. they care for the all mighty $$$$$$$$$$ and those with the big $$$$$$$$$$$$ interest. I believe strongly the republicans have always embezzled, launder the American tax payer taxes...as to their own pockets as to those with the big $$$$$$$$$$ bank accounts.
TrueMohax
TrueMohax Hace 2 meses
The Republicans are not the ones you should be worried about. But I agree, don’t spend money that you don’t have yet
Kate Gainer
Kate Gainer Hace 2 meses
🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿
Lynn Ranney
Lynn Ranney Hace 2 meses
i bet people on food stamp and have not worked over the last 2 years will not get a Check
Leg acY
Leg acY Hace 2 meses
Hey CBS editors, I think the video is too loud, do you mind tuning it down a lot more?
Ramanneet Kaur
Ramanneet Kaur Hace 2 meses
For how long they are giving the money to all of us ? Until it will go away COVID 19
mummra7
mummra7 Hace 2 meses
i wonder if this a way to wipe off the books the missing nearly 2 trill that rummy told us about on sept. 10, 2001.
M T
M T Hace 2 meses
Bull spit. My company just finished March with record setting sales again. Keep preaching the doom and gloom, and eventually you’ll get what you’re hoping for.
Dylan Felix
Dylan Felix Hace 2 meses
I filed my taxes but I don’t get by direct deposit I get it by mail so does that mean I would receive it that way too ?
Leo Master Daddy Senpai Oppa ALPHA Male Hunk Stud
Leo Master Daddy Senpai Oppa ALPHA Male Hunk Stud Hace 2 meses
Just give every tax paying Citizens of the United States $1 billion dollars from the $2 trillion+ dollar stimulus bill, that's supposedly "to help small businesses, the economy, and those in need". Just give everyone a billion dollars and our economy will skyrocket. No recession, stocks will go up sky high and etc. And they'll still have over $1.5 trillion+ dollars left from the stimulus bill for their corperate billionaires and share holders.
anonamous365
anonamous365 Hace 2 meses
They create the problem so they can rob the people as the "solution".
A Penny Pincher's Guide
A Penny Pincher's Guide Hace 2 meses
Anyone curious with how much they should receive, I made a helpful calculator docs.google.com/spreadsheets/d/1QGOcah1f6AQ5OHuAcElueGHIEXsYqXIEPe_hoetP8d4/edit?usp=sharing
Michael Newman
Michael Newman Hace 2 meses
To those Americans that don't make enough money to file a tax return (disabled, elderly, low income), you won't receive any of the stimulus money. Those that really could use it are being left out. Just another example of the saying, "The poor get poorer." The stimulus is only being handed out to those that file a tax return.
Savoy 505
Savoy 505 Hace 2 meses
Don’t forget Democrats got 100’s of millions for illegals to get lawyers .
Tasha Huntley
Tasha Huntley Hace 2 meses
How do you fuckers live with yourselves lying to the american people i think we should put you fuckers out of business you dont even tell the truth you are just as bad as these governors you are all liars
Savoy 505
Savoy 505 Hace 2 meses
Why give broke people money ? Then complain about the 1% that foot the bill ?
crellr sage
crellr sage Hace 2 meses
Why can't the IRS call SSI for addresses or should I ask why I'm doing the IRS job
st prch
st prch Hace 2 meses
Bet less then 30% of the working population gets these checks most of It will go to poltical "special interest programs for funding"
Manny Bike-Trails
Manny Bike-Trails Hace 2 meses
Republicans can't way for their 1k hand out... speaking from the social point of view, pure hipoccresy!
Manny Bike-Trails
Manny Bike-Trails Hace 2 meses
If you don't believe in democratic socialism, return your stimulus check back to the government. Hipoccresy and very convenient now, right?
Manuel Trujillo
Manuel Trujillo Hace 2 meses
Wait so I filed my taxes so I’m going to get it by direct deposit??? Help please????
Jessica Robison
Jessica Robison Hace 2 meses
YES if you received an income tax return either this year or last and got the money direct deposit to your bank then yes that is how you will get this money too.
Christopher Champion
Christopher Champion Hace 2 meses
Oh, yeah, the stimulus package. I broke that down to check it out.
Adrian Rivera
Adrian Rivera Hace 2 meses
How are you guys ok with the air lines getting 500 million and hospitals only get 100 million. Large numbers but they ARE PRIORITIZING AIRLINES OF CITIZENS LIVES
Tiny Tim
Tiny Tim Hace 2 meses
I know a woman that has 4 kids by 4 different men , and purposely ignores the men as soon as she becomes pregnant, because relationships are “stressful” and because “she likes to do what she wants to do.”And refuses to go to work or get a GED. Lives with her mom at 28yro. She collects 10,000.00 annually as a tax refund. Now they’re giving people like that fat check? I think there are many that realize the world is effed up no matter how it goes and are checked out cause it’s not worth saving.
dreadeddraws 20
dreadeddraws 20 Hace 2 meses
So I’m confused am I eligible?, I am a claimed as a dependent but I pay half of the bills in my house and I’ve filled my taxes for 2019 would I still get a check or due to me being a dependent am I exempt?
Danova 2611
Danova 2611 Hace 2 meses
dreadeddraws 20 since you were claimed as a dependent you won’t receive anything.
Not Offended
Not Offended Hace 2 meses
My government never asked us to pay taxes...because of this corona we might end up paying taxes for the first time in our lives.....
JMR JMR
JMR JMR Hace 2 meses
They are going to give you money out of thin air literally
David James
David James Hace 2 meses
Very poorly thought out plan by Congress. A better plan would have been to double the amount of anyone who qualifies for unemployment benefits (UB for short) and double the maximum duration of that. For example, if before the virus, someone who qualified for UB would have gotten $300 a week for up to 26 weeks, instead give then $600 a week for up to 52 weeks. No $600 a week on top of their normal UB as that make them get more money then many people that are actually working. The "helicopter" money should have been $1500 per person tapering off $5 per $100 earned over $70K (per person), $750 per qualifying child. They have an error at 2:15. For $90K earned, the amount should be $450, not $400. Idiots don't even check their work. Lots of mistakes here. All those people in Washington, DC and an average Joe Shmoe like me can EASILY come up with a MUCH better plan than them.
J Yo
J Yo Hace 2 meses
Some people are going to die waiting on a $1200 check to come in the mail.
Necessary Evil
Necessary Evil Hace 2 meses
When Obama-phones were dispersed: isn't Obama the best president?! When Covid checks are dispersed: uh akshually Trump has almost nothing to do with these checks hurr durr sniff my own taint libtard
Jerry Castaneda
Jerry Castaneda Hace 2 meses
What if you don’t even make 50,000 with a family of 5? Damn people be making bank out there . Let the virus go I make more money that way.
Carlito
Carlito Hace 2 meses
Does childsupport have the autoroties to take your stimulus check if you own and old account...
jerszak
jerszak Hace 2 meses
Fake
David Chavez
David Chavez Hace 2 meses
That is chump change for American people is not what can they give as just need to go back to normal is best they give as toilet paper what that f....k who's going to s***instead of work this is nonsense they stimulants check is he's loan from next year taxes
Cat&Fish M.
Cat&Fish M. Hace 2 meses
No taxes, no check? $13. for a dozen eggs in Oklahoma store! Are we supposed to just disappear? Even poor people have bills to pay, food to buy, exactly same things people with money do! But who gets the help?! 🤬🤬🤬
ford nut
ford nut Hace 2 meses
How many would bang this chick in the blue besides me.😋
W M
W M Hace 2 meses
How is this fair to working people?
jose larios
jose larios Hace 2 meses
I mean population cotrol the new world order.only the sheep dont believe it
jose larios
jose larios Hace 2 meses
The ones that created the virus want to give you money.blade of two sides.
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