Next Stimulus Package? Why We’re NOT Getting $2,000/mo (Automatic Boost to Communities Act & more)

Next Stimulus Package 2020? Why We’re NOT Getting $2,000/mo (Automatic Boost to Communities Act and more)/// WARNING: don’t expect your next stimulus check to be a $2000 stimulus check for 6-12 months from the Automatic Boost to Communities Act (ABC Act) or the Emergency Money For The People Act.

In this video, I share a stimulus check update and I break down the differences between the 3 main proposed stimulus packages which are the Rent and Mortgage Cancellation Act of 2020, Automatic Boost to Communities Act (ABC Act) and the Emergency Money For The People Act. I also breakdown the estimated cost associated with each and then share my opinion on what I believe will be approved by Congress for a new stimulus update, whether it’s $2000 stimulus checks or a $1000 stimulus check. Comment below on what you think will happen!

Please note: this video is NOT tax or financial advice. Hire a professional tax accountant or financial advisor to verify this information. Please consider this video as entertainment only. I’m just some guy on YouTube trying to help you out. Thank you!

Resources and websites that I mentioned in the video:

The Rent and Mortgage Cancellation Act of 2020
https://omar.house.gov/sites/omar.house.gov/files/Omar%20-%20Rent%20%26%20Mortgage%20Cancellation%20Act%20-One%20Pager%20and%20Legislative%20Framework.pdf

Automatic BOOST to Communities Act (ABC Act)
https://tlaib.house.gov/sites/tlaib.house.gov/files/Automatic%20Boost%20to%20Communities%20Act%20.pdf

Jason Walter (Sacramento Realtor and native)
DRE #01923240
Realty ONE Group Complete
Follow me on Instagram ➜ @SacramentoRealtor

➜➜➜ SUBSCRIBE FOR MORE VIDEOS ➜➜➜
To never miss a video about personal finance & real estate related topics, please subscribe to my channel & then hit the bell notification here ➜ https://bit.ly/31kAR73

More of My YouTube Videos:

BEWARE - Why I Cancelled My Mortgage Loan Forbearance Offer
https://youtu.be/7ovaZw9m60c

Real Estate Market Crash Coming? California Housing Market UPDATE:
https://youtu.be/eIquaC0gmFI

Housing Market Crash 2020? What EVERYONE Needs to Know:
https://youtu.be/rjsOnJF_538

How to Apply for the $10k SBA Disaster Loan - Stimulus Package:
https://youtu.be/u_Ww86WmZAw

What To Do With YOUR Money RIGHT NOW: Personal Finance:
https://youtu.be/f8hhkgWV5Q0

Real Estate and COVID-19:
https://youtu.be/VHf0MqOgUjc

DEAL REACHED: $2 Trillion Coronavirus Stimulus Package:
https://youtu.be/g4pJCaV0E34

➜ PLAYLIST: Videos about Living in Sacramento
https://bit.ly/2TkXZSh

➜ PLAYLIST: My 5 Favorite Areas Near Downtown Sacramento:
https://bit.ly/2FNHTbT

➜ PLAYLIST: Fixer Upper videos HERE ➜ https://bit.ly/3aGUTNS

Moving to Sacramento? Top 10 Reasons to Move Here:
https://youtu.be/LHfCyvnSR1w

Where to Live in Sacramento CA:
https://youtu.be/Xhcb28wjuic

5 Pros & Cons of Living in Sacramento:
https://youtu.be/4xVgRZ4alDY

What does Contingent Mean in Real Estate?
https://youtu.be/C5pcVGW9ZTE

Unexpected Ways to Use Your Real Estate License:
https://youtu.be/BHviM61p5Ow

Why You Should NOT Buy a House: 5 Reasons:
https://youtu.be/aTjcCglFfNI

5 Things EVERYONE Should Do When Buying a House:
https://youtu.be/M4Thg6NXC74

Royalty Free Music from Bensound

Disclaimer:
Jason Walter is not a practicing CPA or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified CPA, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only.

This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed Realtor with Realty One Group in California under DRE #01923240.

#ABCact #stimuluscheck #nextstimulus