Second Stimulus Check Could Go Out August 26 If Approved
RELATED: Treasury Sent $1.4B In Stimulus Checks To Over 1.1M Deceased Americans
As the Coronvirus continues to affect millions worldwide, the U.S is still battling it out to figure out a plan for a second Stimulus relief package as businesses and workplaces go through a second closure.
According to CNET, if the checks get approved by the end of July, the earliest new check date could be August 26. If you remember, Donald Trump signed the CARES Act into law on March 27 and the first stimulus payments went out just under three weeks later, on April 15. They were delayed for many who had issues accessing the IRS website and inputting their bank account data.
RELATED: IRS Sending Deceased People Stimulus Money While Many Others Still Waiting
Per Forbes, “the House of Representatives has scheduled in-person votes to end on July 31. Then, House members will be in summer recess. Speaker of the House Nancy Pelosi (D-CA) has said that she is willing to forgo recess if a stimulus bill has not been finalized. The Senate is still in session after July 31.”
As long as the Senate comes to a decision by August 7, a new Stimulus check should be expected before September 1.