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Second Stimulus check: Discussion still continues

Second Stimulus check : Discussion still continues

July 22, 2020: Senate Majority Leader Mitch McConnell confirmed the second stimulus check process in the coming days. The first time McConnell confirmed to have a second stimulus check after the closed meeting on Tuesday. The Republicans will officially support the second stimulus check. American people will likely impact in a better way with the second stimulus check. There was a debate on whether the second stimulus checks required in this pandemic situation. However, the discussion is over with approval for the second stimulus check. This conveys the message of Trump-supporting the second stimuluscheck.

“We want another round of direct payments, direct payments to help American families keep driving our national comeback,” McConnell said.

It is still unclear on the plan and proceedings of the second stimuluscheck. McConnell mentioned in the previous discussion about providing a second stimuluscheck to people who earn more than $40,000. However, this decision may create controversy within the country once other people raise voice against the same. Unemployment has hit the economy and, the government has spent on the country’s economic stimulus.

The second stimulus will be disclosed in detail by McConnell later this week. The second stimulus may have the following points focused:

  • Unemployment benefits
  • Return to work bonus
  • Payroll tax cut
  • Extension of PPP
  • Liability Protection for Businesses
  • Funding for States and Schools

The Cares Act approved on March 27, 2020, and the first stimulus kit sent on April 15, 2020. If congress approves the second stimulus by August 7, 2020, then we can expect to receive the second stimulus within 15-17 days of approval. 

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