Second stimulus bill could be agreed on THIS WEEK and $1,200 checks ‘could be sent in just six days’
A SECOND stimulus bill could be agreed on THIS WEEK and $1,200 checks ‘could be sent in just six days’.
Members of Congress are still working to hash out the details of another package, after signed an executive order over the weekend extending unemployment benefits.
The on Friday .
Treasury Secretary said that with checks sent out soon after.
“The president is determined to spend what we need to spend. … We’re prepared to put more money on the table,” Mnuchin told on Monday, indicating the White House is open to resuming negotiations with Democrats.
He added: “Again, if we can get a fair deal we’re willing to do it this week.”
Once an agreement is made, could .
Mnuchin previously said .
If lawmakers make a deal by the end of this week, checks could potentially begin rolling out in as little as six days.
Checks would likely be $1,200, like the first round from the CARES Act.
Details – including how much money could be given for children – has yet to be agreed upon, however.
After a $2trillion coronavirus proposal package from was rejected by the White House on Friday,
The order gives a $400 bump a week to Americans – down from the previous $600 per week that ran out at the end of July.
claiming Speaker of the House and Senate Minority Leader want to “make a deal.”
Democrats, however, denied reaching out to the president.
Speaking during a session between senators, Schumer and Senate Majority Leader on Monday each slammed the respective party’s side, alleging they are the cause for another package being held up.
“Clearly this isn’t about COVID. Democrats think they smell an opening they’ve wanted for years to make Uncle Sam bail out decades of mismanagement and broken policies in places like , , and ,” McConnell claimed.
Schumer hit back at the claims.
“He sees everything through a political lens,” Schumer claimed of McConnell.
“But we Democrats are looking at the needs of the people, and they’re large.”
Democrats passed the $3.4trillion HEROES Act in the House in May.
plan.
The two sides have been working back and forth to try and negotiate an agreement, as coronavirus cases surpassed 5million in America.