Tags: Coronavirus | Donald Trump | Senate | House | stimulus check | heroes act

Congress Considers Issuing Some Americans Second Stimulus Check

mcconnell in a gray suit and green and white polka dotted tie
Senate Majority Leader Mitch McConnell (Alex Wong/Getty Images)

By    |   Friday, 10 July 2020 12:17 PM

The government may issue some Americans facing financial struggles due to the coronavirus pandemic another stimulus check, Fox Business reports.

As lawmakers consider passing another coronavirus relief package, stimulus checks will be a topic up for discussion.

House Democrats already included a second round of checks to Americans in legislation they passed in May. The HEROES Act includes a direct payment of up to $1,200 for some Americans. 

Senate GOP members blasted the House’s proposal, but some Republicans have recently signaled support for a second cash infusion.

President Donald Trump and other White House officials have also expressed support for another cash payment to Americans.

What remains unclear is how much money Americans may receive and who is eligible for the payment.

Trump told Fox Business he would be OK with issuing a stimulus check that was more than what Democrats proposed.

“I support actually larger numbers than the Democrats, but it’s got to be done properly,” Trump told Fox Business' Blake Burman. “I want the money getting to people to be larger so they can spend it. I want the money to get there quickly and in a noncomplicated fashion.”

Senate Republicans will return to Washington, D.C., from a two-week break on July 20 to discuss the next relief bill. 

Senate Majority Leader Mitch McConnell proposed that the direct payments go to people who earned $40,000 or less a year.

“I think the people who have been hit the hardest are people who make about $40,000 a year or less,” he said on Monday.

Congress will have two weeks to hash out a deal before the House begins its recess by Aug. 3.

McConnell said he wants to finish legislation on the package before August.

Treasury Secretary Steven Mnuchin said Thursday that if lawmakers sign off on another payment, the federal government would be able to get the money out "very, very quickly."

"We do support another round of economic impact payments," Mnuchin told CNBC. "In most cases, those are not checks, it's direct deposits and we can get that into hard-working Americans' bank accounts very, very quickly."

If Trump signs any new legislation by the beginning of August, Americans could see the money in their accounts by the end of the month, according to Fox Business. 

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The government may issue some Americans facing financial struggles due to the coronavirus pandemic another stimulus check, Fox Business reports. As lawmakers consider passing another coronavirus relief package, stimulus checks will be a topic up for discussion. House Democrats...
Senate, House, stimulus check, heroes act
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2020-17-10
Friday, 10 July 2020 12:17 PM
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