The White House wanted to send the second round of stimulus payment to Americans faster than the first round under the CARES Act that already helped millions of Americans.

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Even before the first round of stimulus payment expired, President Donald Trump has announced his support for the second round of stimulus to support Americans and qualified individuals in the country that are heavily impacted by the global pandemic.

Trump recently said he would sign an executive order that centers house eviction protection and unemployment claims if the Congress does not act within this week. As the days progress, Republican senators are urging the Congress and the stimulus negotiators to close a deal.

According to a published article in CNET, Trump said he is ready anytime to act on his own by releasing an executive order to enact parts of the HEALS Act. He issued the statement following a series of talks between the Democrats and Republicans, who both failed to come up with weekly unemployment claims.

On Wednesday, Trump said his administration is looking for immediate actions to protect millions of Americans from being evicted from their homes.

Senate Majority Leader Mitch McConnell on Thursday said his chamber will delay its August recess as scheduled to convene on Monday.

For his part, Treasury Secretary Steven Mnuchin said the Internal Revenue Service (IRS) could start printing a week after two sides reach an agreement. He added that the timeline would be much faster than the 19 days it took for the IRS to send out the first stimulus payment.

Here is the timeline for the second stimulus payment once it is signed into law:

  • If Senate will pass it on Aug. 10 and the House will pass it on Aug. 11, then this will be signed by Trump on Aug. 12. This means that you will receive your first check during the week of Aug. 17. The same situation if the negotiated bill would be passed on Aug. 11 and 12 in the Senate and Congress subsequently.
  • If the negotiated bill would pass in the Senate on Aug. 13 and the House will have it on Aug. 14. Trump will then sign it on Aug. 17, and you will probably receive your first check a week within Aug. 24.
  • If negotiations are still not closed, the Senate might have the bill on Sept. 8, and the House will have it on Sept. 9. The President will then sign it on Sept. 10. Thus, you might receive your check a week within Sept. 21.

Meanwhile, the IRS will use the same calculations and tools to send the second stimulus check during the first round. You can still use the "IRS Get My Payment" tool to track your stimulus check payment and sign up for a direct deposit.

According to the House Committee on Ways and Means, the IRS sent the first batch of stimulus checks to people who had filed 2018 or 2019 tax returns and had already provided the IRS with their direct deposit information.

This means the first batch of people who will receive the second stimulus payment are likely those who have already registered for direct deposits.

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