Republicans and Democrats Agree to Send $1,200 Stimulus Payment Again, When Will You Receive It?
The Republican and Democrat lawmakers will go back to the Capitol Hill to vote for the funding of the USPS and to discuss the new relief bill that includes the second round of $1,200 stimulus payments and more aids.
The Republican and Democrat lawmakers agree to send out the second round of stimulus payments to millions of Americas who are financially devastated by the global pandemic. The two groups have been pushing for stimulus payment but were only stalled due to their disagreement with the amount of relief aid.
Meanwhile, Chief of Staff Mark Meadows already said that Pres. Trump will immediately sign the bill for the relief aid that includes a $1,200 stimulus payment once it is on his table. As soon as the President will have the bill, the most optimistic time millions of Americans will receive the stimulus payments will be in September.
Even though both the Republicans and Democrats have disagreements on different issues ad different ve perspectives on what a stimulus bill should look like, one thing that both parties have common ground is to give the second round of stimulus payment.
If the bill will be passed that includes the stimulus payment, millions of Americans will receive $1,200 stimulus payments in September and payments for $500 of qualifying families for up to three dependents.
It can also be remembered in the previous report of Latin Post that Pres. Trump directed the U.S. Treasury Secretary Steven Mnuchin to send $3,400 stimulus checks to a family of four after Congress failed to act on the Stimulus bill.
Now that the Republicans and the Democrats seem to have found their common ground on the second round of the stimulus payment, it is more likely possible that millions of Americans will receive $1,200 stimulus payments and an additional $500 or more for qualifying families.
Here's the difference of the proposal of the Democrats and Republicans. The Republicans want the check amounts to remain the same and has proposed using the same income-eligibility rules as the CARES Act. But they want to broaden eligibility rules for dependents - who, under the CARES Act, had to be under 17 years old - but would keep the dependent payout at $500.
Meanwhile, Republicans want the check amounts to remain the same and has proposed using the same income-eligibility rules as the CARES Act. But they want to broaden eligibility rules for dependents - who, under the CARES Act, had to be under 17 years old - but would keep the dependent payout at $500.
This means that Democrats also want those who do not have SSS numbers but are paying taxes in the country to receive the stimulus payment. It is the reason why they proposed $3 trillion to cater to millions of people in the country who do not have SSS numbers due to their immigration status.
If ever that Congress will start the negotiation during the first week of September of after the Republican Convention week, the lawmakers will be able to push the deal before the fiscal year ends or on September 30.
Check these out!
- Trump Ready to Act on Stimulus Checks, Meadows Reveals
- Stimulus Payment: Here Are the Parts of the New Relief Bill
- Relief Aids Americans Are Expected to Receive Until The End of This Year
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