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CASH ON THE WAY

Second stimulus checks could be signed NEXT WEEK as push for new deal continues

A SECOND round of stimulus checks could be signed NEXT WEEK as a push for a deal continues.

A second round of stimulus checks could soon be in the hands of Americans
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A second round of stimulus checks could soon be in the hands of AmericansCredit: Getty Images - Getty
Treasury Secretary Steve Mnuchin said legislation could be in action as soon as next week
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Treasury Secretary Steve Mnuchin said legislation could be in action as soon as next weekCredit: AFP or licensors
Speaker of the House Nancy Pelosi assured Americans that Congress will come to an agreement
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Speaker of the House Nancy Pelosi assured Americans that Congress will come to an agreementCredit: AFP or licensors

Treasury Secretary said Democrats and Republicans are working to come to a deal on before heading into a month-long recess on August 7.

"We’re not at the point of being close to a deal, but we did try to agree to set a timeline,” Mnuchin said on Tuesday, as reported by

"We’re going to try to reach an overall agreement, if we can get one, by the end of this week -- so that legislation could then pass next week," he added.

Hic comments came after meeting with Speaker of the House and Senate Minority leader Chuck Schumer, Bloomberg reported.

'We’re not at the point of being close to a deal, but we did try to agree to set a timeline,' Mnuchin said.
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'We’re not at the point of being close to a deal, but we did try to agree to set a timeline,' Mnuchin said.Credit: AFP or licensors
Mock-up of coronavirus checks
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Mock-up of coronavirus checksCredit: Getty Images - Getty

Pelosi also said in an interview with "we have to have an agreement" by the end of the week, and assured Congress will come to one.

As much of the country has gone back into lockdowns due to rising cases, another 

If no bill is passed before August 7,  until negotiations could resume.

However, if a bill is passed, .

 in May  which included $1,200 for individuals – or up to $6,000 per family.

Last week, Republicans .

Check negotiations come as millions of Americans are out of work due to coronavirus lockdowns
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Check negotiations come as millions of Americans are out of work due to coronavirus lockdownsCredit: AP:Associated Press

As negotiations are ongoing between Democrats and Republicans, the   to help Americans.

 "As the negotiations continue to progress as a snail's pace, the administration is considering a number of options that might be available without congressional legislative action," a senior administration official told  on Monday.

Democrats are demanding to be extended – but Republicans have said that much extra assistance is not necessary, and pushed for a $200 boost instead.

A person looks in the doors of the closed Pasadena Community Center in California amid the coronavirus outbreak
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A person looks in the doors of the closed Pasadena Community Center in California amid the coronavirus outbreakCredit: AP:Associated Press

has urged a package to be passed.

He accused Democrats of holding up the stimulus checks in a Tweet on Friday

"The  are holding back the $1,200 to $3,400 (family of four) checks that were ready to be sent out!" Trump tweeted.

Pelosi blames Trump for $600 unemployment benefits running out after lawmakers fail to reach stimulus agreement
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