September is just around the corner, and Americans are eagerly awaiting information on a second stimulus check.
In August, Congress went on a summer recess without having ironed out the details of a stimulus package.
The earliest a deal could be reached is September 8, when the Senate returns from vacation, according to AS.com. Even if that’s the case, members of the House are not due to return until September 14. It’s possible they could be called back in early to vote on a stimulus bill, but in the words of AS.com, “Looking ahead to a potential agreement and subsequent payment, the earliest feasible and most optimistic date when beneficiaries would see money arriving in accounts would be September 23.”
But while talks on a stimulus package are stalled, a timeline on receiving a second payment is very much up in the air.
Here’s what you need to know:
Mark Meadows Calls Pelosi Out
On Sunday, White House Chief of Staff Mark Meadows said of House Speaker Nancy Pelosi, “She puts forth a number, suggests that she came down, and yet she’s willing to turn down $1.3 trillion of help that goes to the American people because she would rather them have nothing than to give way on what her fantasy might be.”
As Nexstar outlined in a recent story, the issue is that both sides of the aisle are still $1 trillion away from agreeing with one another on how much a stimulus package should cost.
Last week, the outlet reported, Senate Majority Leader Mitch McConnell stated that discussions have reached a “stalemate.” He added, however, that there could still be hope for another $1,200 check.
“We need another one. The country needs another one,” McConnell said, according to Nexstar.
On Friday, Meadows said that President Donald Trump is open to signing a coronavirus relief bill at $1.3 trillion, according to Forbes. That would mean Trump is open to “signing a coronavirus relief bill with a $300 billion increase from Senate Republican’s HEALS Act, but shy of House Speaker Pelosi’s demand for a $2.2 trillion bill,” reported Forbes.
Bipartisan Support for a Second Stimulus Check
Both the House and the Senate, along with Trump, have voiced their support for another round of stimulus checks. Thus, the issue does not stem from a disagreement over a second payment but rather over the details of the entire package that includes the payment.
In a recent statement, Pelosi said, “We hope Republicans will come to the table and accept our lower offer to save the lives and livelihoods of the American people.”
Treasury Secretary Steven Mnuchin has said the IRS could start issuing checks within one week if a deal is reached.
If the Senate passes a second stimulus check when it returns on September 8 and the House is called back to vote on the deal on September 9, the president could sign the bill on September 10, and the first checks could be sent out as early as September 21.
If that’s the case, the first group of checks would be issued to those who have already filed their 2018 or 2019 taxes. Next, according to CNET, would be Social Security beneficiaries and those who have their bank account information on file with the IRS.
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