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KPBS Midday Edition

How The COVID-19 Stimulus Bill Will Impact You

David Mayer, a personal trainer and yoga instructor in San Francisco, sprays down a Wells Fargo ATM machine before using it in San Francisco on Friday, March 20, 2020.
(AP Photo/Olga R. Rodriguez)
David Mayer, a personal trainer and yoga instructor in San Francisco, sprays down a Wells Fargo ATM machine before using it in San Francisco on Friday, March 20, 2020.
Ron Lieber is the New York Times “Your Money” columnist. He joined KPBS Midday Edition on Monday to break down how the stimulus bill will impact your finances.

President Donald Trump signed a second COVID-19 relief bill Sunday night following threats to veto it.

The bill sets in motion stimulus checks for eligible Americans, extends unemployment benefits and the eviction moratorium.

Ron Lieber is the New York Times “Your Money” columnist. He joined KPBS Midday Edition on Monday to break down how this bill will impact your finances.

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Highlights:

  • Eligible Americans will each receive $600, plus $600 per child under 17
  • Unemployment will be extended by an additional 11 weeks and increased by $300 per week
  • Eviction moratorium is extended through Jan. 31
  • You'll have more time to use your FSA money
  • Food assistance will be increased and more people will be eligible