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Home / Tips and Tricks / $ 2,000 Second Stimulus Check Update: House to vote on a stand-alone stimulus bill Monday

$ 2,000 Second Stimulus Check Update: House to vote on a stand-alone stimulus bill Monday



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Congress voted on a smaller stimulus package designed to help the US in the coming months, including a smaller second stimulus check.

Sarah Tew / CNET

The House of Representatives will vote on a standalone bill (pdf) on Dec. 28 on a second stimulus control for up to $ 2,000 each, replacing the $ 600 direct payment authorized in one $ 900 billion incentive bill last Monday evening. In yet another spin on the elaborate stimulus check saga, President Donald Trump derided the second stimulus check’s $ 600 per person upper limit as “ridiculously lowand asked Congress for instead, change the bill to an upper limit of $ 2,000, indicating that he would not sign the stimulus bill into law without Congress meeting his condition.

House Speaker Nancy Pelosi announced the Dec. 28 vote on Thursday after an effort to quickly approve the $ 600 to $ 2,000 increase through a method known as unanimous consent was blocked by House Republicans. House Democrats also rejected a Republican request for unanimous consent during the same short session, allowing both sides to regroup.

“If the president is serious about $ 2,000 direct payments, he should call on House Republicans to end their obstruction,” Pelosi said in a statement. Monday, I will return the House to the session where we will have a registered vote on our standalone law to increase payments for the economic impact to $ 2,000 … Hopefully by then the president will have the bipartisan and bicameral legislation to keep the government open and help with the coronavirus. “

On December 28, the House is also expected to try to override Trump’s veto of a $ 740 billion defense bill also passed in the Senate, and re-launch an emergency bill to fund the government in the short term and a costly closure. to prevent.

As of Thursday, Trump did not explicitly say he intends to veto the stimulus bill, which is part of a larger omnibus tied to federal funding for 2021. The two parts have been passed as a unit by Congress and cannot be be separated. It is not clear whether Trump plans to return to the White House to sign the overarching law, even if a $ 2,000 direct payment replaced the current $ 600 total.

Trump is currently at his Mar-a-Lago club in Palm Springs, Florida and, according to reports, will return on January 1 at the earliest. However, according to a White House press schedule tweeted by CNN’s Jerry Diamond, his calendar includes a lot of meetings and phone calls.

Trump’s geography is wrinkling the stimulus bill. Without the President’s signature, it would be an automatic veto. With the timing so close to the end of the current parliamentary term (the new seat will be sworn in on Jan. 3), the House and Senate may have too little time to override the veto, effectively forcing the new Congress to start over.

They are not curtains yet. Trump – who came abruptly in October has taken the White House out of ongoing negotiations about the stimulus bill while being treated for COVID-19, to offer a deal three days later – he could change his mind. The president’s video speech sparked a whirlwind of political analysis as to what could happen next with the bill and the second stimulus control it contains, and what can Congress do about it so close to the end of the session before the next Congress is sworn in on January 3.

Even if the House of Representatives has a self-contained bill with a second stimulus control for up to $ 2,000 per adult, would it become a law? And when? What would that mean for the $ 600 stimulus check currently in limbo with the $ 900 billion stimulus package Trump now has indicates that he will not sign? This story is often updated with new information.


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Second stimulus checks: everything you need to know


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The amount of the $ 2,000 stimulus check isn’t new

Since the spring, several Democrats have proposed a $ 2,000 incentive check, including vice president Senator Kamala Harris, sens. Bernie Sanders and Ed Markey and a one-time presidential hopeful (and now hopeful New York mayor) Andrew Yang. Some supporters of this figure have even suggested sending checks on a monthly rather than one-time basis.

What if Congress doesn’t change the stimulus law?

There is a lot of dialogue about this right now, but here are some simplified options:

  • Trump could sign the $ 900 billion anyway. The Incentive Act and the Financing Act for 2021 are linked.
  • Trump could live up to his threat by actively vetoing the stimulus package.
  • He could passively refuse to sign it (aka a pocket veto). If Congress doesn’t deliver the full bill to Trump at the end of the day, they are not expected to have enough time to override the veto. This requires a two-thirds majority in both the Senate and the House of Representatives, a margin that both houses have already cleared but may not have time to vote on.
  • If the bill fails, the new parliamentary term, which begins January 3, must start over.

Biden has already committed to a new incentive bill and third incentive check

Most American leaders seem like the $ 900 billion incentive bill as a stepping stone to a larger aid package in 2021, one that can include a third stimulus check and other provisions that Republicans and Democrats agreed to omit this round to strike a critical deal.

“This bill is just the first step, a down payment, to address the crisis – crises, more than one – we are in,” President-elect Joe Biden said Tuesday, emphasizing that he would like to see a third stimulus check.

If the $ 900 billion stimulus bill becomes law, how soon could the benefits materialize?

Aid was likely to start going out within a week or two after the law is officially passed, with certain funding programs potentially getting financial aid before the end of 2020. On Monday, Treasury Secretary Steven Mnuchin set the goal of sending payments through next week direct deposit to people who qualify for one second stimulus control to receive their payment intended to bring direct cash flow to tens of millions of Americans. And the $ 300 unemployment checks will begin again on December 26.

Delays in signing the bill can cause the timeline to shift as agencies need time to set up their processes and communicate with recipients about what to do or expect.

You can now calculate your second stimulus check total. Here’s what payment group you may be in. This is what we know how soon we think the IRS can send a second stimulus check, and there are more details on this weekly unemployment insurance.

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A vote can be taken on the new stimulus package soon.

Sarah Tew / CNET

Why wasn’t a bigger second stimulus part of the deal?

A second stimulus control has had widespread bipartisan support since the CARES Act was passed. In recent months, everyone from Trump and Biden to members of Congress, economists and ordinary people have argued for another direct payment.

Last week, Trump called for “more money than they are talking about” in stimulus checks, as high as $ 1,200 or $ 2,000 per person. At the time, Aides would have convinced him that making such demands would jeopardize a stimulus law, The Washington Post reported.

While many are in favor of a $ 1,200 direct payment in theory, a second smaller stimulus check has helped keep costs below the $ 1 trillion mark that Republican lawmakers said in the past they would support.

Stimulus control isn’t cheap. The IRS said this summer it had spent $ 270 billion sending 160 million checks, and on Monday Senator Mitt Romney, a Republican involved in drafting the bipartisan stimulus proposal, predicted a cost of $ 300 billion if the checks once were charged again for $ 1,200 per person. Republicans are said to have curbed the charges.

A variety of factors could have contributed to a second stimulus check making its way into the final bill at all, from popular opinion and presidential bias to complicated negotiations that cut $ 160 billion from elsewhere, enough for a smaller stimulus check than before.

For more information on stimulus controls, here how quickly you now get your second stimulus check, what to do to speed up the delivery of a possible second check and what you need to know about the HEALS, CARES and Heroes proposals for incentive laws that can help inform a final package.




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