Monthly Archives January 2021

5 Highlights of the New Stimulus Package

What the latest round of funding may mean for you. The $900 billion Consolidated Appropriations Act of 2021 (2021 CAA) was signed into law by President Trump on December 28th as the COVID-19 pandemic continues to impact employers and employees. The new package resembles March’s $2.2 trillion CARES Act, but will only be $920 billion, with roughly half of that—$429 billion—being paid for with unspent CARES funds.   Here’s a quick recap of five key highlights:   Stimulus Checks The new law authorized a second round of $600 checks for people with income that meets the criteria. The checks start
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Categories: Legislation.