Will A Second Stimulus Package Pass

The second stimulus checks would be phased out entirely for single people earning over 87 000 or married couples earning more than 174 000 compared with the cares act s phaseout for single.

Will a second stimulus package pass. Prior to the election the white house and pelosi have already agreed that the next stimulus package will include a second round of stimulus checks for americans. Should the bill be passed by that aug. 7 date it is likely that the second round of stimulus checks would begin going out to the american people later in august.

Biden mcconnell and others have repeatedly described this december legislation as emergency aid instead of a broad economic stimulus package and have pledged to pass another stimulus bill in 2021. A large down payment on what will have to be done at the end of january and in february. 1 the house of representatives passed a revised heroes act that included a second stimulus check and additional benefits such as enhanced unemployment benefits for tens of millions of.

It s a down payment biden said dec. By allison schonter july 27 2020 02 51 pm edt. Democrats weigh options to pass biden s massive covid relief.

A second round of stimulus checks is a definite possibility the cares act passed in march was the first stimulus package intended to help people financially affected by the pandemic.