Millions of americans received a stimulus check earlier this year.
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Pics. More stimulus is needed to help an economic recovery, federal reserve chairman jerome powell told the house financial services committee on tuesday. The second stimulus check is one of the least contentious issues in the next stimulus package.
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The latest proposal also modified the stimulus checks so that families with dependents over the age of 17 who were excluded from the previous payments — a frequent criticism. See how much you might get, how the irs payment arrives coronavirus stimulus checks: Will another check soon be in the mail?
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The two sides settled on adding $16 billion to the unspent funds to reach $25 billion, senators said. There's still hope americans will receive a second stimulus check in september, but it will require the white house and democrats to close a nearly $1 trillion gap in their proposals on new legislation. Why another $1,200 payment could be off the table. Even as stimulus checks continue to roll out, a second round is a subject of debate.
