As lawmakers negotiate a second relief package to mitigate COVID-19’s health and economic toll, a new study sheds light on how lower-income Americans have fared during the pandemic — including those who missed out on the first round of stimulus checks.
“Most of these hardship impacts cost additional money for the households who can least afford it,” wrote report authors Guillermo Cantor and Stephanie Landry, citing costs like late fees and interest charges. “They also leave families vulnerable to additional risks, including eviction or foreclosure, utility shut-off, damage to credit reports and scores, account closure, and/or cycles of borrowing predatory lending products.
Meanwhile, white low-income households were more likely than their Black , Latino or Asian counterparts to say they received an economic-impact payment — suggesting the payments “did not reach different segments of the population evenly,” Cantor and Landry wrote. Possible reasons for not receiving a stimulus check include the Internal Revenue Service not having a person’s bank-account details on file, debt collectors seizing money that suddenly appears in a bank account, or a person’s immigration status complicating their payout, MarketWatch previously reported.
Then turn shit back on.
No fucking shit
lol, who is wasting their money on these useless surveys stating the obvious
Very bullish signals. Nasdaq hitting all time highs Monday you heard it here first
Americans spent so much money on beefing other countries every single year since I cant remember now a situation has happened where every1 is struggling and their own country can't even help them. Or maybe they just won't. I mean UK have handed out alot of money. ....
Me, I said all of that..
What if the government gives them a $5 foot long every day. Will that help?
Would love to look at this data by state/ZIP prosperitynow
How much more money do these fucking ppl want before they won’t have problems damn. What you want a 7figure salary then you won’t complain
This is sad to hear. God help us all. Praying for vaccine to end this pandemic.
Don't worry. Just open up a Robinhood account. The Federal Reserve has your back. inequality
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australian state to impose hefty fines to compel COVID-19 isolationAustralia's second-most populous state Victoria said on Tuesday that anyone breaking COVID-19 isolation orders will face hefty fines, as high as A$20,000 ($14,250), and that more military personnel will be deployed to fight the spread of the virus. Colpackham Tyranny in the name of a pandemic. Colpackham The police state has started! Colpackham Virus martial law... Good luck Aussies
Source: Reuters - 🏆 2. / 97 Read more »
This chart reveals what matters most as schools announce COVID-19 reopening plansOpinion: local public health considerations are not driving the decision to reopen schools. It's politics. Usually publishes great stuff. But this headline def falls in the “water is wet” category. Yeah, there’s no correlations in that grapgh at all. Like, at all.
Source: MarketWatch - 🏆 3. / 97 Read more »
Nursing home leaders hope new antibody trials will put them on 'offense' against COVID-19After spending the past six months trying desperately to keep the deadly virus from invading their facilities, Dr. Mark Gloth says he believes he is finally getting a chance to strike back. There's GOOD NEWS today... While a cure for Covid_19 may be a year or more away, a cure for Trump is only a short 91 days away... & the best news is that it's in YOUR hands now !! VoteBlue, that's all you have to do. JoeBiden will heal America. 🇺🇸 You know, more and more people all around me are finding out how the hospitals are paid $10-30k by the feds for each 'COVID' death, giving them obvious incentive to up the numbers to make more money. I no longer believe the death stats the news reports. It's a fabrication.
Source: ABC - 🏆 471. / 51 Read more »
260 Workers In Georgia's Biggest School District Caught Or Were Exposed To COVID-19Schools in Gwinnett County are opening for digital classes on Aug. 12, but in a controversial decision, employees are still required to show up in person.
Source: HuffPostParents - 🏆 414. / 53 Read more »
Health care workers share their experiences as COVID-19 deaths surpass 156,000'When you're doing it patient after patient after patient all day long, it's mentally stressing and it's physically stressing. We don't even have a vaccine for this thing and there's going to a lot more people dying.' BSDNC is the Left Wing Vomit on the bathroom floor of journalism. It’s a good thing the numbers are going down. Fake news
Source: MSNBC - 🏆 469. / 51 Read more »
An Alabama high school principal turned 'U Can't Touch This' into Covid-19 safety videoIn a video for his students that went viral, an Alabama educator channeled his background in music to help his school prepare for reopening in the era of Covid-19. 😊 Everybody do what you can do to keep us all safe! Good job! I sincerely hope that this visual aid works and that the high school kids don't drink the Lysol after all.
Source: CNN - 🏆 4. / 95 Read more »