Stimulus check 2: Will you get a second $1,200 payment from the IRS? The news so far
If the House and Senate can agree to send another economic stimulus payment to you -- and that's not guaranteed -- this is what we're hearing about how much money might actually arrive.
Will the federal government approve a second stimulus check in 2020? And if it does, for what amount? It's one of three pieces of the relief package puzzle at the center of intense speculation while waiting for the Senate to begin deliberation. The central questions are: when another payment for Americans could happen, who qualifies if another payment is confirmed and, perhaps most important to you, how much of the money you may be entitled to.
Here's what we know about three competing government proposals and how much money they could include. This story updates frequently. If you're still waiting for your first stimulus check, here are 10 possible reasons for a delay and what you can do if you think your payment is lost or has fallen through the cracks.
President Donald Trump is "largely supportive" of another round of coronavirus stimulus payments to help support the US economy, according to The Washington Post. Over the last week, he's been vocal about giving Americans more money. "We will be doing another stimulus package. It will be very good. It will be very generous," Trump said in an interview with Scripps' Washington correspondent Joe St. George on Monday.
Senate Majority Leader Mitch McConnell has set a July deadline to make a decision on whether Americans will see a second stimulus check or not. Meanwhile, the House of Representatives has already passed the Heroes Act (PDF), which would authorize a second round of payments if signed into law -- which at this point is extremely unlikely in the face of strong opposition from the Senate and Trump.
