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Second coronavirus stimulus payment could be approved by Congress on August 8 – The Sun
A SECOND coronavirus stimulus payment could be approved by Congress on August 8.
The Senate is currently debating another stimulus package – the $3trillion HEROES Act – that could give families up to $6,000.
Congress is currently debating the bill – but if approved, it may happen by August 8.
August 8 is the last day the Senate is set to meet before taking a month-long recess until September 8, AS first reported.
The latest Senate schedule shows a month-long recess from August 10 to September 7 – meaning the first day back on Capitol Hill would be September 8.
The HEROES Act was passed last month in the House, where Democrats hold a majority.
Now, the emergency coronavirus package is up for debate in the Senate – where Republicans have a majority of seats.
In the next round of checks, the proposal gives $1,200 to individuals, $2,400 to couples, and $1,200 per child – a bump from the $500 per child in the first round of payments.
Checks may already be held up by a 2-week Senate recess, from July 3 to July 17.
The Senate's first day back will be on July 20.
Emergency money in the pockets of Americans would come as unemployment rates in May dropped slightly after hitting 14.7 percent in April – the highest seen since the Great Depression.
Democrats have largely supported a second round of checks – but Republicans have favored other forms of relief.
Senate Majority Leader Mitch McConnell previously indicated that the next round of coronavirus stimulus checks would be the last.
White House trade adviser Peter Navarro said in an interview with CNN that President Donald Trump would prefer the second relief package to be at $2trillion.
This would put the package in a middle ground – $1trillion more than what Senate Majority Mitch McConnell would like, and $1trillion less than what Senate Minority leader Chuck Schumer would like.
Although many Americans have received their first round of checks – which gave $1,200 to individuals, $2,400 to couples and $500 per child – many are still waiting on the emergency money to arrive in the mail.
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