There’s renewed hope that the fate of a second stimulus check will be decided soon. What happens Thursday could have a tremendous impact on the date a new stimulus payment of up to $1,200 would arrive. If the ongoing negotiations between Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi yield an agreement, there’s a higher chance a bill would pass in early October.
If negotiations fail and it’s back to the drawing board, well, then things get complicated. However the House will vote on a scaled-back version of its stimulus bill and the volley with the Senate to pass legislation could begin anew, which means that it could still take weeks or even months to agree on more relief aid, including a new direct payment for eligible Americans.
“We made a lot of progress over the last few days. We still don’t have an agreement, but we have more work to do. And we’re going to see where we end up,” Mnuchin told reporters Wednesday.
We’ve mapped out four different timelines for when the IRS could start sending payments to different groups — including who would get a check first and who might get it last. Keep reading for our best guess on dates, and estimate your total check with CNET’s stimulus calculator. We update this story often…Read more>>
Source:-cnet
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