Congress To Speed Along $1,400 Payments This Week
Your next stimulus check: Congress to speed along $1,400 payments this week
Doug Whiteman Mon, January 25, 2021
Congress plans to take steps this week toward quickly passing President Joe Biden's coronavirus aid proposals, including a third wave of direct relief payments for most Americans. The next batch of stimulus checks would be for $1,400 — to top off the $600 payments that started going out in late December. Democrats and former President Donald Trump had wanted to provide $2,000 in that round but were thwarted by Republicans leading the Senate at that time. Now, there's a new Senate, with Biden's Democratic party in control. That could make it easier for the new checks to pass, though there are a few potential challenges.
Here's what to expect this week, plus the latest estimate on when you're likely to get more cash.
New checks given high priority
Biden has announced a wide-ranging $1.9 trillion COVID rescue package, containing the new stimulus checks. He says the recent $600 payments were "simply not enough."
"You just have to choose between paying rent and putting food on the table," Biden said in a speech outlining his proposal. The first $1,200 relief payments Americans received last spring were largely spent on expenses for just getting by, including groceries and rent, the U.S. Bureau of Labor Statistics has said.
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https://finance.yahoo.com/news/next-stimulus-check-congress-speed-153600418.html
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