Are More Stimulus Payments Coming?

Are More Stimulus Payments Coming?

( – Millions of Americans, who’ve seen their finances ravaged by COVID-19, have wondered whether or not the government plans to issue more direct payments. The $1,200 CARES Act payments helped millions of people, but it’s clear some people are still suffering, especially with so many out of work. Senate Majority Leader Mitch McConnell indicated he isn’t opposed to the aid for families.

On July 6, McConnell discussed the next coronavirus relief bill and didn’t rule out the stimulus payments. He said people who “make about $40,000 or less” in industries that were hit hard “could well be part” of the next package.

Although the economy is getting better, there’s still a lot of work to do. President Trump has indicated he supports another round of direct payments to the American people, but the rest of the GOP isn’t quite there yet. Not because they don’t support workers, they want to know how to pay for it before committing. Congress will be back at work in a couple of weeks, and so we’ll have to wait to see how things shake out.


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