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Here's what you need to know about the $1200 stimulus coming in August

Trump administration has another round of $1200 stimulus checks coming out to Americans, here's what you need to know about them.

@anthony256
Anthony Garreffa
Published Mon, Jul 27 2020 9:11 AM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

COVID-19 has struck the world almost like an asteroid, with Americans being in a position where they don't even know the extent of the damage yet -- which is where stimulus checks have been helping millions of Americans around the US.

But now the Trump administration are stamping their seal of approval on a new round of $1200 stimulus checks, explained White House economic advisor Larry Kudlow on a recent interview with CNN.

Kudlow explained: "The check is there, the reemployment bonus is there, the retention bonus is there. There will be breaks, tax credits for small businesses and restaurants. It's a very well-rounded package. It's a very well-targeted package".

If you making over $100,000 per year you will not receive a new round of $1200 stimulus checks, but if you make $75,000 or less you're guaranteed to get the whole $1200 COVID-19 stimulus check.

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Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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