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How the election results might change the fate of a second stimulus check

How the election results might change the fate of a second stimulus check

The results of Tuesday’s election might have a big impact on a lot of things, including the shape of federal courts and the speed of recovery for the US economy. But for those who are struggling to eat, pay the rent and buy other essentials, the most urgent concern could be when negotiations to pass a new economic relief bill with a new stimulus check for individuals and families.

House Speaker Nancy Pelosi has said she wants to approve a stimulus package in the post-election “lame duck” session before the new Congress starts in January. But on Monday, she suggested that if Democrats gain control of Congress and the White House, they will be able to approve a biller bill with more funding to an array of programs. Senate Majority Leader Mitch McConnell has made a push to table stimulus legislation until 2021.

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“I think that’ll be something we’ll need to do right at the beginning of the year,” McConnell said on the Hugh Hewitt radio show Oct. 30. Though McConnell didn’t mention another direct payment, other Washington lawmakers (and Democratic presidential candidate Joe Biden) still support of a second stimulus check of a maximum of $1,200 for most eligible adults and more for families with eligible dependents.

There are five major ways that the results of the election might impact a second stimulus payment, which we detail below. This story was recently updated…Read more>>

Source:-cnet

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