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Stimulus check 2 not dead yet as Trump backs bigger relief bill

Stimulus check 2 non expressionless all the same as Trump backs bigger relief bill

(Image credit: Getty Images)

In an unexpected realignment of priorities this week, lawmakers from both parties as well equally the White House seemed ready to movement forrard with a larger coronavirus-relief stimulus bill that would include stimulus check 2. Yet at that place's tardily word that the Senate may become domicile soon and not have upwards the issue at all.

President Trump tweeted yesterday (Sept. 16) that Republicans should "go for the much higher numbers" in a stimulus package, a position that Democrats have taken in negotiations between the two parties.

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The Washington Post reports that Trump last night likewise expressed support for a new pecker proposed by the Trouble Solvers Caucus, a bipartisan group of House members, that would cost an estimated $1.5 trillion to $2 trillion.

"I like the larger amount," Trump said, according to the Post. "I desire to see people get money."

The Problem Solvers bill includes stimulus bank check 2, funding for land and local governments and a resumption of federal unemployment-benefit supplements.

The unemployment supplements would get-go at $450 per week for two months and increase to $600 per week thereafter every bit long equally the combined land and federal payment is less than the recipient's previous income — a cardinal provision for House Republicans. The exact cost of the proposal is murky considering there's no house end date for those weekly unemployment benefits.

While leaders from both parties have already rejected the Problem Solvers bill, either because it goes too far or doesn't go far enough, information technology does have some bipartisan support and comes closer to what House Speaker Nancy Pelosi (D-California) has been pushing for.

The House already passed a $3.4 trillion package — the HEROES Human action — in May. Over the course of the summer, Pelosi dropped the cost of Democratic demands to $2.2 trillion, hoping to meet the Republicans halfway during negotiations to reconcile the HEROES Deed bill with the Senate GOP'due south $1.i trillion HEALS Act.

What'south happening with stimulus-bill negotiations?

Pelosi spoke with Treasury Secretary Steven Mnuchin by telephone on Wednesday, their outset conversation in several weeks. Mnuchin is negotiating on behalf of the Trump administration and the Senate Republican leadership and has previously indicated a willingness to support a $1.5 trillion stimulus package. Withal, face-to-face up talks have been on hold since mid-Baronial, leaving a $700 billion gap between the 2 sides.

While both Democrats and Republicans are itching to laissez passer some kind of new stimulus bill before Election Day on Nov. 3, centrist House Democrats in particular, several of whom helped craft the Trouble Solvers' bill, are putting force per unit area on Pelosi. She has indicated that the Business firm will remain in session until a deal is reached.

That just leaves Senate Republicans, who failed to advance a largely symbolic "skinny" relief packet late last calendar week. Political leader reports that the GOP has "brushed off" Trump's phone call for a larger stimulus nib.

In fact, Senate lawmakers may head home soon — two weeks ahead of their scheduled Oct. 9 recess — to campaign in their states, with no programme to return to Washington until later on Nov. iii.

Emily Long is a Utah-based freelance writer who covers consumer engineering science, privacy and personal finance for Tom's Guide. She has been reporting and writing for most 10 years, and her piece of work has appeared in Wirecutter, Lifehacker, NBC Improve and CN Traveler, amid others. When she's not working, you can find her trail running, teaching and practicing yoga, or studying for grad school — all fueled by coffee, obviously.

Source: https://www.tomsguide.com/news/stimulus-bill-not-quite-dead

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