McConnell and House Minority Leader Kevin McCarthy met with President Trump and Treasury Secretary Steven Mnuchin on Monday to discuss legislation. The current plans are as follows.
Second Stimulus Check Money Coming Soon? The Senate is expected to engage in debates surrounding the next stimulus as soon as next week. They will be working on a very tight timeline, that’s if they want to get something accomplished before heading out for another recess.
If you're looking for a possible date and a timeline for a second stimulus check, here's a good place to start. When will your stimulus check arrive? In this video, we take a look at the White House timeline of when you should receive your stimulus check.
On Tuesday night, the US Senate passed by unanimous consent a five-week extension of the Paycheck Protection Program (PPP). Yesterday, the House followed suit and the bill is expected to soon be signed into law.
Many leaders understand millions of people are experiencing financial difficulties, but they also believe a stimulus check is too expensive and doesn’t solve the problem. The next stimulus package will come from Congress. While the White House may have input and help draft the legislation, only Congress can authorize legislation for the next stimulus package.
The Second Stimulus Check’s fate is in the hands of the U.S. Senate, and based on the latest update it seems the government is torn on whether a second round of the stimulus check is needed as the country moves to reopen.
At a press conference in the Rose Garden on Friday, President Donald Trump said he would like to see a payroll tax cut to help the American economy to continue to recover from the shutdown caused by the pandemic. What is a payroll tax cut and how much money would it mean to you?
Senate Majority Leader Mitch McConnell is predicting if there is another stimulus package, it won’t be as big as the last one, and if there is another one it will be the last. McConnell said that we could anticipate the decision being made on whether to go forward with a stimulus in about a month.
The Senate has to decide whether it agrees to do what the House has already done and approve the following provisions, present a modified version on stimulus checks, or refuse additional stimulus checks altogether. They can even start with a blank slate to write their own bill.