Will There Be A Stimulus Package Before Christmas

There s also the issue of a new administration coming into power and the possibility that democrats could take control of both chambers of congress.

Will there be a stimulus package before christmas. In august treasury secretary steve mnuchin said if congress passed a package on a monday he could start sending payments out the following week and 50 million people could see funds deposited into their direct accounts. Assuming congress passes the package on monday as legislators expect to happen there s enough time for some people to receive payments before the end of the year. If a stimulus deal isn t reached before the.

The 600 checks will only go out to. President trump says that s not enough. But if there s a deal they would likely come after christmas a continuing resolution lasting 24 or 48 hours could maintain government operations and allow negotiations to move forward.

The new package includes a 1 500 per fortnight payment to employers so that they can maintain their employees during this hibernation period. Here president donald trump s name. If congress passes a coronavirus economic relief package before the thanksgiving break millions of americans could receive another stimulus check by late december.

And unfortunately unlike last time when we heard guarantees that no shut down would happen it is not so clear cut this time. Plus there is a another big issue on the horizon coming december 11. He recently stated after retaining his.

That is the deadline that lawmakers must act by in order to approve the next spending package to keep the government operating. The stimulus package is intended to assist hibernating aussie businesses and their employees and brings the government s spending over the last three weeks to a whopping 320 billion. Google tag manager jan 21 5 13.

Legislators put stimulus checks in a new relief package but getting payments to people before christmas would take a strong push from the treasury department. Mcconnell who said he didn t want republicans to work on a stimulus package before the election according to the new york times changed his position.