Trump could issue an executive order to send stimulus checks to millions of Americans if Congress fails to act this month due to disagreements and rejections.

Donald Trump
Reutersconnect

Steve Mnuchin, the U.S. Treasury Secretary, recently revealed that the White House would make sure that there will be a second round of stimulus checks. In fact, an article from a news outlet said that Pres. Trump is now planning to issue an executive order to send stimulus checks if Congress fails to act.

Pres. Trump urged Congress to release the unspent $300 billion relief aid under the CARES Act. Pres. Trump said that the Democratic leaders are blocking the cash to be sent out to millions of Americans. He even noted that the money is available and ready to go.

Meanwhile, the Senate will return from recess on Sept.8, and the Republican lawmakers will introduce the new stimulus bill. This is to make sure that Americans' financial aid will be sent out before government operation shuts down.

The resumption of the session at the Capitol this Sept. 8 could include another stimulus checks or stimulus package and the eligibility of those who will qualify for the next round. The Republican lawmakers will also try to find common ground with the Democrats to have progress on the stimulus checks.

On the other hand, even though Treasury Secretary said that Pres. Trump does not have the power to send federal budget that is why the administration is urging to act immediately, Trump can still release an executive order that mandates the use of the unspent funding of agencies like what he did with FEMA.

According to a published article in CNET, if the new coronavirus relief aid will be passed into law, a qualified individual is more likely to receive $1,200 while $2,400 for a couple if you file jointly with your spouse.

Additionally, the first stimulus checks, only dependents aged 16 or younger could qualify for an extra $500 each toward the family total. However, this time there is bipartisan support to include more people, which means that you could potentially receive more checks that the first.

These are the amounts proposed from CARES Act HEALS Act where lawmakers try to have an agreement with on Sept.8, according to MSN:

CARES Act: With the CARES Act from March, there was no limit to the number of children who could count as dependents, as long as they were under 17 and claimed by the taxpayer on the tax return, according to the Tax Foundation. Each dependent would garner the taxpayer $500. Theoretically, a family in which two adults and six children under 17 were eligible for the full amount could receive $5,400.

HEALS Act: Similar to the CARES Act, the HEALS Act put forth by Republicans doesn't mention a cap on the amount a family may receive. The difference is that it doesn't limit dependents to those under 17 to qualify for the $500 payment.

Heroes Act: The Heroes Act, put together by the Democratic-led House and which has never been taken up or vetoed by the Senate, would place a cap of $6,000 for households of five or more. Essentially, it proposes $1,200 for each adult and dependent, with a maximum of three dependents per family.

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