August 21, 2020

Second Stimulus Check Will Need to Pass Soon to Be Delivered in August. Click here to know

Another week in the stimulus negotiation has begun. But still, there are no decent developments yet. If the lawmakers do not come up with a deal for the relief package. But, let's hope the stimulus check will likely be not distributed.

Keep on reading to find out more. But, before that have a look at this video-

 

What is the exact case that's happening right now?

In recent days Newsweek spoke to Chad Hooper. He is the national president of the professional Managers Association that represents the managers at the Internal Revenue Service. Now according to Newsweek, Hooper says that if this stimulus check deal was made this week then it would have given his agency just enough time to get them out by the end of the month. Hooper also commented that Getting checks out within just two weeks is a lot more achievable now than it seemed back in the month ofMarch 2020. All because of the global outbreak of the coronavirus Pandemic.

What are the latest updates on the matter?

There are certain signs that there will be another round of the coronavirus relief. The 1200 U.S dollars second stimulus check that's a featured centerpiece in it. Possibly, there are chances that it may not happen at all.

The democratic leaders' Nancy Pelosi and Chuck Schumer haven't yet spoken with the Treasury Secretary, Steven Mnuchin. They have talked neither to the White House Chief of Staff Mark Meadows in all the five days. Not a single talk has been done about the much-needed help which the federal government will be provided to the American Economy.

Even after all these talks that have been going around, there are still some major topics that have never been touched before. Let's have a look at some of them. The four major points of interest which are as follows shall never be discussed :

  1. When shall we expect the much-awaited 1200 US Dollars, direct payment to the Americans who earn less than 75000 US Dollars?
  2. Action on the extending of a moratorium on evictions for renters and homeowners affected by the falling economy.
  3. Resolution of the dispute over the 600 US Dollars supplemental unemployment insurance check, that had expired weeks ago.
  4. The reasonable debate over how much aid would be offered to cities and states, who have seen a huge dive in the revenue generated from taxes.

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