How unemployment benefits decrease And millions of Americans remain unsure about additional aid payments, Treasury Secretary Steven Mnuchin is urging Congress to pass a stimulus test 2 at the end of July.
Mnuchin testified before the Small Business Chamber Committee on Friday, where he asked lawmakers to push for the next round of stimulus benefits sooner rather than later. New York Times reports. She noted that aid should target low- and middle-income families and small businesses, and also suggested an extension to the Paycheck Protection Program, especially in the industries that have been most affected by COVID-19.
Mnuchin’s sense of urgency echoes that of the House Democrats, who passed the stalled Heroes Act (which includes additional direct payments to individuals and families) in May. Rep. Alexandra Ocasio-Cortez (New York Democrat) this week called Senate Majority Leader Mitch McConnell (Republican of Kentucky) to “get to work. ”
Verification of stimulus 2 date (and additional unemployment)
The Senate has indicated that a bill will be presented and debated. as soon as next week when legislators return from recess. McConnell has left the door open for stimulus check 2, although benefits may be reserved for those who earn less than $ 40,000 per year. Other senators remain unsure about additional direct payments.
Meanwhile, White House economic adviser Larry Kudlow said Friday that he hopes the legislation may include additional unemployment insurance, reemployment benefits and a payroll tax exemption. He has stated in the past that “direct controls will probably be part“of the next package, while President Trump has said he supports”higher numbers“For stimulus payments.
With a series of proposals for stimulus 2 verification and a tight timeline between Senate recesses, Americans could see benefits already in august or having to wait until September (or later).
What about your first stimulus check?
Direct payments provided under the Care Act were released earlier this spring, and some stimulus controls may still be reaching workers closest to the income limit. If you have not received your benefits, check the status through IRS Get My Payment app or try to contact a representative at the IRS Stimulus Verification Phone Number.
