This has a lot of you talking a second round of stimulus checks is being talked about in washington but you're not guaranteed another payment just because you got one the first time the new stimulus could be for those who make forty thousand dollars or less and ellie ruiz takes a closer look. Save it to your desktop, read it on your tablet, or print it out to read anywhere! "In most cases, those are not checks, it's direct deposits and we can get that into hard-working Americans' bank accounts very, very quickly".
House Democrats already included a second round of checks to Americans in legislation they passed in May.
McConnell suggested the legislation could include direct payments only to people who make $40,000 or less a year.More news: Nathan Law: Hong Kong pro-democracy activist reveals he's in London
By lowering the income threshold for eligibility, lawmakers would also reduce the amount of money spent on stimulus payments, making room for more provisions in the phase four package.
During a press conference in June to discuss unemployment, President Donald Trump said his administration will be "asking for additional stimulus money". However, Pelosi said he has not spoken to her about that income limit. "I consider there are many households dependent on dimensions of household and so quite a few unique issues, that the $40,000 would have to be described, justified and the rest", she claimed. Given that the climate has become more political than it was a few months ago, it may be more hard for Republicans and Democrats to come to an agreement. "As soon as the Senate gets back, we're going to sit down on a bipartisan basis with the Republicans and the Democrats and it will be our priority that between the 20th and the end of the month, we're going to pass the next legislation".
The Senate is now on its July recess and will not return until July 20, but McConnell said that senators will attempt to pass a measure after they get back.
Mnuchin said that he had a "very productive call" with McConnell and White House chief of staff Mark Meadows on Wednesday about negotiations, which he said will resume with Democrats later this month.More news: Widow condemns ‘barbaric’ death of bus driver beaten over face masks
Even though the checks have been canceled, you should still return the checks to the government, the IRS said.
As a Forbes piece explains, this means that those who get a second stimulus check likely would not receive it until late August at the earliest if the check is approved.More news: Serge Aurier's brother shot dead in Toulouse