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Second stimulus check isn't dead yet — here's the possible date

Second stimulus check isn't expressionless yet — here's the possible date

(Image credit: Getty Images)

Although stimulus check 2 has been tabled in recent coronavirus relief negotiations, at that place'due south withal a take chances another round of $1,200 direct payments could come up to low-earning Americans before the stop of this yr.

In fact, if Congress tin agree on a bill past September 30, which is the almanac government budget deadline, a second stimulus bank check could exist distributed in mid-Oct.

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Co-ordinate to Treasury Secretary Steven Mnuchin (via Equally,) should the Senate pass a bill that includes a stimulus bank check two amount on September xxx, President Trump could sign it as early as October 2.

With the infrastructure of the first stimulus cheque all the same in place, the 2d ane would start reaching eligible taxpayers by the week of October 12.

Mnuchin and House Speaker Nancy Pelosi have also agreed to avoid a government shutdown with a short-term spending beak if the parties are however at odds come the end of the month.

Pelosi and Mnuchin's apparent cooperation on regime spending could be a good sign for stimulus spending. White House, GOP and Democratic leaders have disagreed over how much relief money is needed for over a month.

Stimulus check two engagement: What happens side by side?

With the Senate and Business firm dorsum in session, Congress is expected to go to piece of work on a stimulus beak that satisfies the demands of both parties.

Senate Bulk Leader Mitch McConnell'southward $500 billion pecker didn't receive enough back up to pass, which means more spending volition likely exist needed for the necessary bipartisan votes.

That bill did non include stimulus checks, either. With negotiators on each side — including President Trump — in favor of another round of straight payments, we could see it included in upcoming legislation.

Kate Kozuch is a senior author at Tom'south Guide covering wearables, TVs and everything smart-home related. When she's not in cyborg fashion, you can find her on an practise bike or channeling her inner celebrity chef. She and her robot regular army will rule the world one twenty-four hour period, but until then, accomplish her at kate.kozuch@futurenet.com.

Source: https://www.tomsguide.com/news/second-stimulus-check-isnt-dead-yet-heres-the-possible-date

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