Connect with us

Breaking News

The Latest on a Second Stimulus Check

Published

on

Stimulus Package or Bailout for Companies in Financial Crisis | The Latest on a Second Stimulus Check | Featured

WASHINGTON, D.C. — It's a question on the minds of millions of Americans. Will another stimulus check be heading their way?

WHAT WE KNOW

On June 22, President Donald Trump committed to a second stimulus in an interview with E.W. Scripps at the White House.

“Are you going to get them a second stimulus?” asked National Political Editor Joe St. George.

“We are, we are,” Trump said. “Probably in the next couple of weeks.”

Well, that was nearly three weeks ago, and so far, no bill with a chance of passing the Senate has been introduced.

WHAT WE KNOW ABOUT CONGRESS

The Democrats in the House have already passed a relief package, but that has no chance in passing the Senate.

Republican Leader Senator Mitch McConnell has committed though to writing another relief package.

This time around, however, stimulus checks may not go to the same people.

“The people that, I think, that have been hit the hardest during this whole episode are people making $40,000/year or less,” McConnell said this week.

“We are going to be acutely aware of that particular segment of our population,” McConnell said.

The previous stimulus legislation gave Americans making under $99,000/year something and Americans making under $75,000/year a $1,200 check.

TICKING CLOCK AND LOOMING QUESTIONS

Not much is expected in D.C. until the week of July 20, when Senators are scheduled to return.

That officially puts Congress on the clock because they are scheduled to go on a month-long recess in August and after Labor Day, presidential politics is expected to be in full swing leading up to the November election.

It's not just stimulus checks on the minds of lawmakers either.

Members of Congress must decide whether they will debate President Trump's desire for a payroll tax cut, whether to extend emergency unemployment benefits that are set to expire on July 31, as well as whether more PPP loan relief is needed.

© Copyright © 2020 Local TV LLC, All rights reserved.

UP NEXT:

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2022 Breaking News Alerts. This copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this page and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.