Another $1,200 in direct payment is likely to happen in the second round of stimulus checks for Americans, Treasury Secretary Steven Mnuchin said on Thursday.
If the second stimulus bill will be passed into law and signed by President Donald Trump, you might be wondering if you qualify for the second round. Here's what we know.
To help weather the recession as a result of the coronavirus disease 2019 (COVID-19) pandemic, a second round of stimulus checks may be sent to eligible Americans as early as August based on the Senate's calendar.
Financial aid for undocumented migrants residing in California set to be available on Monday. These particular people are not qualified for any of the federal or unemployment stimulus checks.
Unlike other countries, Mexico has not released stimulus checks to support its citizens so supporting small businesses will eventually help them survive and therefore avoid laying off their workers.
Single people received $1,200 and each child received $500. However, for California citizens who have consumer debt, the money sent them can simply vanish fast.
The ongoing CARES Act allows programs to give taxpayers cash relief to assist them during the coronavirus crisis, which is a combination of health, economic, and social crises.
Steven Mnuchin, the Treasury Secretary said on Monday, 80 million Americans will receive their stimulus checks through direct deposit to their bank accounts by Wednesday.
