When would the second stimulus check be approved in US Congress?
The White House, Republicans and Democrats are all discussing the creation of a second bill that would give millions of Americans a second round of stimulus payment.
The discussion of a second stimulus relief package is on the table but the situation changes daily. It is expected that a second payment is approved by Congress before the end of the year and President Donald Trump said that everyone in Washington is working on something “dramatic.”
“I think that we are working on something that’s going to be very dramatic, very good. I think we are looking at a Phase 4. Phase 1,2 and 3 have been fantastic for the people generally,” said Trump when asked about the second stimulus check and then he referred to the economy in the United States.
The amount of money Americans could get if a second payment is approved in Congress is not known because the Democrats proposed the $3.3 trillion HEROES Act last month, while Republicans don’t want the bill to exceed $1 trillion, and Trump suggested at least $2 trillion in June. So until they figure something out it is all speculation.
When is Congress making a decision?
Even though the Democrats want a decision of a second stimulus relief package before the 4 July break, Congress has not set a date for a vote even though discussions have been going on. Senate Majority Leader Mitch McConnell said the Senate may wait until the end of July to start working on a new bill and this could be the last relief package amid the coronavirus pandemic.
From 3 July to 17 July there is a two-week recess in the Senate and the White House officials also believe that the executive branch will work on its own proposal through next month, according to the Wall Street Journal. During this time the White House and Republican leaders want to evaluate how much money allocated to the first stimulus payment and other aid businesses has actually been spent, CNBC reported.