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Stimulus status
Stimulus status









stimulus status

Business leaders like Walmart CEO Doug McMillon as well as trade groups such as the Footwear Distributors and Retailers of America have urged the government to enact legislation that could help provide financial aid to an ailing U.S. The IRS issued three Economic Impact Payments during the coronavirus pandemic for people who were eligible: 1,200 in April 2020 600 in December 2020/January 2021 1,400 in March 2021 These payments were sent by direct deposit to a bank account or by mail as a paper check or a debit card. Both Democrats and Republicans have said that they favor providing another round of direct payments to individuals and families, as well as continuing additional unemployment benefits though they have differed significantly on amounts. COVID-19 Stimulus Checks for Individuals. Publicly after the meeting, however, he told reporters that he would put the bill up for a vote if a deal is struck between Mnuchin and Pelosi, as well as receives the support of President Donald Trump.Īccording to reports, the latest stimulus agreement under discussion could total between $1.8 trillion and $2.2 trillion. In the meantime, the Trump administration has been reportedly working on its own stimulus proposal, but as far as the status of a second round of IRS stimulus checks for everyone, it seems very unlikely at this point. Multiple reports, which cite sources familiar with the conversation, indicated that McConnell told Republican members at a closed-door lunch yesterday that he was “encouraging” the White House to wait until after Nov. The next stimulus package if there is one may not go up for debate in the Senate until July. What’s more, Senate Majority Leader Mitch McConnell suggested that the stimulus package was unlikely to get a vote before the election. The two are expected to resume talks today, but any proposal would likely get a vote during a lame-duck session, as some policymakers who return to their chambers following the election will not be in the next Congress.











Stimulus status