Second stimulus could get you even MORE money than $1,200 checks… if it passes
THE SECOND stimulus package could see Americans receiving even more money than the $1,200 checks - if the bill is passed.
Treasury Secretary Steve Mnuchin said and are working to come to a deal on before heading into a month-long recess on August 7.
Negotiations between the two parties have slowed to a crawl as Speaker of the House refused to back down over the amount of unemployment relief on offer.
"I think that the number, the , is related more to the unemployment rate. If the unemployment goes down, then that number can go down," she told CNN over the weekend.
At his weekly Senate Republican leadership press conference, to budge on the newly proposed stimulus package.
"Even if I have some problems with certain parts of it."
Despite calling it a "crazy policy" back in May, McConnell's comments appeared to announce a shift in tone towards the package.
The Democrats are reportedly refusing to accept anything less than the return of the $600 unemployment checks.
The other potential benefit is providing a liability shield for businesses.
The aim would be to prevent a wave of lawsuits, for example, stemming from businesses reopening during the pandemic.
The $1,200 stimulus check benefit could land within a few weeks if passes a deal and signs off on the bill straight away, according to Mnuchin.
"If I could get it [HEALS Act] passed tomorrow, I could start printing them the following week," Mnuchin told reporters on Sunday.
"I could have them out immediately."