The U.S. Treasury Secretary Steven Mnuchin said that IRS is ready to send the $1,200 stimulus checks to over 160 million Americans and qualified individuals.

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The IRS is now ready and prepares to send the $1,200 checks within one week, according to the U.S. Treasury Secretary Steven Mnuchin. The IRS will use the same mechanism in sending the stimulus checks that could be anytime before the government operation shuts down. 

There are three options left for distributing stimulus checks and other relief aid: first, another bill from the Republican Senate; second, another version of the stimulus package from Democrats. And last, is through an executive order that only Pres. Trump can do. 

While bipartisan on another relief aid could still be possible as Congress returns next week to draft their own version of the stimulus package that includes stimulus checks, Pres. Trump's administration is also looking for ways to legally send the $300 billion unspent budget under the CARES Act. 

If ever that Congress will discuss and deliberate another stimulus bill next week, it would be the fifth time since the impasse of their stimulus negotiations in July. Congress has failed to act on the call for another stimulus package two months ago, and Democratic members in Senate also rejected the Republican-led targeted bill. 

Meanwhile, Congress will return next week and has 12 working days to draft the new stimulus bill while the Senate has 22 workings days since they resumed last week. The remaining days are very critical and essential for the possible another round of stimulus package. 

Even though the Republicans and the Democrats have different views on the total amount of another stimulus package but one thing is just for sure, both parties are eager to send another stimulus checks up to $1,200 under the CARES Act. 

Meanwhile, IRS is ow ready and preparing to send the $1,200 stimulus checks once Congress gives the green light to use the $300 billion unspent budget. According to a recently published report, the IRS will send the money within the week of its approval. 

Meanwhile, Treasury Secretary Steven Mnuchin said that if the Senate passes the bill on September 30 and Congress will agree on it on October 1, Pres. Trump will immediately sign it on October 2. This means that the IRS will start sending the stimulus checks in the week ending October 12. 

It can be remembered that Pres. Trump, who has bee very vocal and assertive in pushing for another round of stimulus package, also said that he would immediately sign a bill related to the stimulus package. He even said that he wanted to give more relief aids. 

After the Democrats in the Senate rejected the proposed targeted bill that will help millions of Americans in the country, a series of actions were immediately taken to make sure that people in the country will meet their daily needs and expenses. 

Trump's LWA's program or $300 unemployment will be extended for another three weeks. This means that those who started to receive the claims will have to expect a total amount of $1,800 unemployment claims. On Friday, legislation was also passed to suspend the payroll taxes until the end of this year from 6.2 percent to zero percent. 

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