Friday, June 5, 2020

Don’t Expect A Second Stimulus Check



Bestselling Author, The Lemonade Life. I write and speak about leadership and greatness.


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If you’re counting on a second stimulus check, you may want to reconsider.
Here’s what you want to know.

Will There Be A Second Stimulus Check?

While the excitement may be building for a second stimulus check, there hasn’t been any concrete action in the Senate. Senate Majority Leader Mitch McConnell said the next stimulus bill be the last stimulus bill and it will be smaller than the CARES Act. The CARES Act is the $2.2 trillion stimulus package that included the first stimulus check of up to $1,200 for each individual and $500 for each dependent. While the House approved the Heroes Act, an ambitious $3 trillion stimulus bill with a second stimulus check of up to $1,200 for each individual and $1,200 for each dependent (up to three dependents), the bill has been called “dead on arrival” in the Senate. When will the Senate vote on the Heroes Act? The Senate likely won’t vote until later this month or early next month on its own new stimulus bill.

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