If a new stimulus package or executive order yields a second stimulus check of up to $1,200 per adult before 2020 is out, you could receive it more quickly than last time, if you meet the qualifications. There’s no set timeline to pass a new stimulus bill, which complicates any attempts to map out when another check would come (we did it anyway — more below). Opinions on whether a bill could pass before the Nov. 3 election differ.
“I’m optimistic. I do think that we should have an agreement. That’s what we all want,” House Speaker Nancy Pelosi said Friday. “We came down a trillion dollars right from the start and said, ‘We’ll come down a trillion and you go up a trillion.’ And then we went further than that and said, ‘We’ll meet you halfway.’”
Senate Majority Leader Mitch McConnell, on the other hand, has expressed skepticism that a bill could pass by the general election.
Below, we pieced together when a new check could arrive if a new stimulus payment does come through this year, and we explain how the priority groups could work when it comes to who could receive a check first. We also drew on the first stimulus check to sketch out how long it could take for your check to arrive if your scenario is less than straightforward.
Meanwhile, CNET’s stimulus check calculator can estimate how much you might receive. Here’s how to report your missing $500 for dependents, and how these 9 million people can claim a stimulus check. This story is regularly updated.
What a new stimulus check schedule might look like
When and if another stimulus check gets the green light, Treasury Secretary Steven Mnuchin has said it would take about a week to mobilize the first payments. We’ve speculated as to some possible dates when that could happen, though the timeline keeps shifting in response to the latest news from Washington.
For reference, we also include the timeline for the now-expired CARES Act. The payments don’t go out to everyone at once, so read on for which groups of people could get their payment first.
When the House returns next week, it will have 12 working days before it’s scheduled to break again for the election. The Senate has 22 working days during the current session, which started earlier this week, before it breaks for the election…Read more>>
Source:-cnet
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