Forbes Magazine reported this week that a recent poll found 82% of Americans believe the $1,200 stimulus checks should keep coming until the lockdowns are 100% over. 79% said the government should do more to help the unemployed. And 55% said mortgage and rent payments should be frozen until it's all over. More about that poll here.
While the House passed the 2nd stimulus package last Friday, the Senate has yet to pass it, and it appears they won't. More negotiations are expected with some sort of package voted on the first week of June. Until then, many households are being forced to choose between paying bills or buying food...and food prices are skyrocketing in the wake of factory closures and supply chain problems. Most retail businesses are beginning to re-open, but the days of 'normal' are still a long way over the horizon as the public hasn't flocked to anything except big box retailers and home improvement places. This event is a very long way from being over. And the financial hardships are just beginning to become evident.
Meanwhile, if this crisis has created a personal financial situation you feel is out of control for you...contact us for a FREE CONSULTATION for debt resolution and/or bankruptcy at (731) 423-1888. The law office of T. Verner Smith has helped thousands overcome financial problems, and can help you too. Call today!
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