Here’s When You Could Get a Second Stimulus Check
Here’s When You Could Get a Second Stimulus Check (Hint: Not in August)
by Robin Hartill, CFP® Senior Editor AUGUST 13, 2020
If you were counting on another stimulus check in August, we’ve got bad news for you: It’s highly unlikely that will happen. That doesn’t mean a second stimulus check isn’t coming. In fact, the odds are pretty good we’ll get another round eventually, considering it’s one of the few things both Democrats and Republicans agree on.
Here’s why we’ll probably be waiting well past Labor Day for the next stimulus check to arrive.
Why a Second Stimulus Check Isn’t Coming in August
Congress has been deadlocked over the next stimulus bill for weeks, but it isn’t the stimulus checks they’re fighting over.
The HEROES Act that passed the House of Representatives in May contained $1,200 for most adults and children in the U.S. That bill immediately fizzled in the Senate.
The Republican-proposed HEALS Act also contained $1,200 for most adults, though it limited payments for children and anyone claimed as a dependent to $500. Both versions would have used the same income limits as the first round.
So while there are a few details to sort out, both parties are more or less in agreement that there should be a second round of stimulus checks.
But lawmakers are at odds over a number of other issues, including the expanded unemployment benefits that expired in July, U.S. Postal Service funding and aid for struggling state and local governments.
President Trump issued four relief orders on Aug. 8 calling for a $300 weekly federal unemployment supplement and payroll tax suspension. The orders also extended federal student loan relief through Dec. 31 and gave vague instructions about eviction protections.
But Trump’s orders didn’t include a second stimulus check, Congress is about to go on recess and isn’t scheduled to reconvene again until Sept. 8.
That means we’ll be waiting until after Labor Day to see any movement on stimulus checks.
When to file? What to claim? Can I deduct that expense? Answer your tax questions -- and a lot more -- with The Penny Hoarder Daily newsletter
So When Will the Next Stimulus Check Arrive?
To continue reading, please go to the original article here:
https://www.thepennyhoarder.com/taxes/when-will-next-stimulus-check-arrive/?aff_sub2=homepage
TNT:
Tishwash: US Energy Secretary Arrives in Venezuela to Finalize Oil Deal Giving Washington Greater Control
Chris Wright says new investment agreements could more than double Venezuela’s oil production as Washington seeks to expand its influence over the country’s vast reserves
US Energy Secretary Chris Wright arrived in Venezuela on Tuesday to finalize a major oil agreement that would give Washington effective control over a significant share of the country’s petroleum production, following approval by Venezuela’s government-dominated National Assembly.
Reforming The Iraqi Economy
Economic 2026/09/03 Zuhair Kazem Aboud The Iraqi state is constitutionally obligated to reform the Iraqi economy according to modern economic principles, ensuring the full utilization of resources, diversification of income sources, and the encouragement and development of the private sector.
Good Morning Dinar Recaps,
GLOBAL BOND SHOCK SPREADS TO DEVELOPING NATIONS: IMF WARNS HIGHER YIELDS COULD REVERSE DEBT PROGRESS
Rising borrowing costs in advanced economies are beginning to threaten debt sustainability in developing countries, creating another pressure point in an already heavily indebted global financial system.
The Money Supply is Exploding, is this the Beginning of Hyperinflation
George Gammon: 9-2-2026
The global financial landscape is constantly shifting, but few indicators capture the attention of economists and everyday investors quite like the M2 money supply.
In a recent, highly detailed analysis, financial educator George Gammon dives into the startling projection of the M2 money supply reaching an unprecedented record of $23.22 trillion by 2026.
Iraq Is Moving Closer To A Major Dinar Change
The Dinar Den: 9-2-2026
The latest conversation on The Dinar Den between host Stephen and longtime analyst Guy Vantresa offers a deep dive into the forces shaping the long‑awaited revaluation of the Iraqi dinar.
Their discussion weaves together decades of investor experience, the evolving political landscape in Iraq, and the broader shifts occurring within the global financial system.
Iraq's Salary, Welfare Spending Reaches $34B In H1
2026-09-02 Shafaq News- Baghdad Iraq spent about 44.627 trillion dinars ($34.1B) on public-sector salaries and social welfare in the first half of 2026, equivalent to nearly 82% of total federal spending during the period, Finance Ministry data showed.
Employee compensation reached 30.769 trillion dinars ($23.5B), while social welfare spending totaled 13.858 trillion dinars ($10.6B), for a monthly average of about 7.438 trillion dinars ($5.68B).
Government Regulations Now Add $132,000 to the Average New Home
Notes From the Field By James Hockman (Simon Black / Sovereign Man) September 2, 2026
Somewhere in America there's a local ordinance that tells you which way your garage has to face. Another one dictates what your fence can be made of, and a third sets how many square feet of window your house needs. A few spell out the dimensions of particular features down to a quarter of an inch.
Rob Cunningham: Ripple Getting Two Valuable Gifts from Fedwire and SWIFT
9-2-2026
What if Fedwire and SWIFT just gave Ripple two extraordinarily valuable early Christmas gifts?
What if those gifts were not contracts, endorsements or regulatory favors…
…but time?
TNT:
Tishwash: Contractors in the liberated areas are demanding payment of their dues and warning of project stoppages.
The Iraqi Contractors Union called on the Prime Minister, Parliament, and Minister of Finance on Tuesday to intervene urgently to disburse the outstanding financial dues owed to companies and contractors contracted with the Reconstruction Fund for Liberated Areas, noting that the delay of some of these dues for more than two years has caused financial damage to contractors and threatened their ability to continue implementing projects.
Good Afternoon Dinar Recaps,
JAPAN'S RISING YIELDS BEGIN REVERSING GLOBAL CAPITAL FLOWS
Higher Japanese bond yields are making domestic assets more attractive and beginning to challenge a decades-old flow of Japanese capital into overseas markets.
Ariel: What Iraq has for their Transition
9-2-2026
The Bottom Line Is Reserves
The Clarity Act still sitting in committee establishes the legal framework for the US Treasury to back digital and revalued currencies against hard assets. Gold. Not promises. Not petrodollar leverage. Physical bullion on US soil. Every sovereign currency that reenters the system under a revaluation protocol needs collateral backing. Iraq’s dinar can’t RV into a vacuum. It RVs into a system. That system needs reserves.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
Reset Intelligence: September First
9-1-2026
September First
By Reset Intelligence | @EXIT_FIAT
Iraq’s bypass export contracts took effect this morning, on the exact date the cabinet set.
Between External Borrowing And Removing Zeros... The Government Faces Difficult Choices To Address The Financial Crisis
31 Aug 13:51 Information/Report... As pressure mounts on Iraq's public finances, a range of options for addressing the liquidity crisis are resurfacing. These include resorting to external borrowing and restructuring the local currency.
Parliamentary sources confirm that the project to remove zeros from the currency has not yet entered the implementation phase, while economists discuss the possibility of securing a substantial external loan to provide liquidity and bolster reserves.
Good Morning Dinar Recaps,
U.S. DEBT TOPS $40 TRILLION: RISING TREASURY YIELDS EXPOSE A NEW FISCAL PRESSURE POINT
America's debt has crossed $40 trillion as rising long-term Treasury yields increase the cost of government borrowing and force markets to reassess the country's fiscal flexibility.
TNT:
Tishwash: With the participation of local and foreign investors, Erbil will host an international economic forum this month.
The Erbil Chamber of Commerce and Industry announced on Tuesday its readiness to host an international economic forum with the participation of traders and investors from Iraq, Turkey, and Azerbaijan. The Chamber indicated that the forum aims to strengthen trade and economic relations among the three countries.
Ibrahim Agha Gerdi, a member of the Erbil Chamber of Commerce and Industry, told the Iraqi News Agency (INA): “An agreement was reached to hold an international economic conference in Erbil on September 20th, following our visit to Azerbaijan with the head of the Baghdad Chamber of Commerce, and in coordination with the Iraqi Chambers of Commerce.”