Stimulus check 2: Renegade House members vow to stay in DC until bill passes

Stimulus bank check 2: Renegade House members vow to stay in DC until beak passes

The U.S. Capitol building in Washington, D.C.

(Image credit: LLoughran/Shutterstock)

The possibility of stimulus check 2 seems to be getting more remote equally lawmakers shift their focus to filling Ruth Bader Ginsburg's Supreme Court seat and the fast-approaching expiration of the federal upkeep on Sept. 30.

As late as final week, progress on a second stimulus bill seemed possible, as a bipartisan group of House lawmakers put forrad a $1.5-$2 trillion compromise proposal and President Trump expressed support for more spending.

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But as Bloomberg points out, partisan battles on other bug could button an agreement on stimulus check 2 further abroad. The continuing stalemate, some economists believe, could hurt the chances of a quick economic recovery.

Stimulus benefits haven't completely fallen off the radar yet. In a hearing on Tuesday, House Democrats pushed Treasury Secretary Steven Mnuchin on the claim of a 2d $i,200 payment to eligible Americans.

Mnuchin expressed back up for stimulus check 2 and a bigger overarching stimulus package, though he noted that information technology's unlikely to happen without the back up of Senate Republicans. (Three weeks agone, Mnuchin said the White Business firm could get upward to $1.5 trillion on a stimulus package.)

Withal, White Business firm Economic Advisory Larry Kudlow suggested to reporters that economic recovery doesn't "depend on the package," leaving the Trump assistants's true position unclear.

What happens adjacent?

Firm Speaker Nancy Pelosi (D-California), who has stuck to the Democrats' current demand for a $2.2 trillion bundle since negotiations fizzled out in mid-August, this week suggested that other priorities could help, rather than hinder, stimulus talks, especially in the leadup to the November election.

Pelosi said that pressure from constituents could be of "such magnitude that the Republicans will finally — finally — address the coronavirus crisis, finally subscribe to a programme to shell the virus," Bloomberg reports.

Other lawmakers are on the aforementioned folio. A bipartisan grouping of House members is pressuring leadership to keep all members in Washington until a consensus is reached and another round of relief is passed. (Read their letter of the alphabet here.)

Pelosi has already vowed to keep the House in session until a bill is passed, but she is letting members vote remotely from their home districts.

Where electric current proposals stand

The Senate recently failed to pass a $500 billion, largely symbolic "skinny" bill, which would have restarted f unemployment do good supplements at less than the previous $600 per week per person. Information technology eliminated mention of a second stimulus check for eligible Americans.

Meanwhile, the bipartisan House Trouble Solvers Caucus has pitched legislation that would provide a new circular of direct payments as well every bit some level of federal supplements to unemployment benefits.

The proposal, which would cost anywhere from $1.5 trillion to $two trillion depending on how long the extra unemployment payments keep, comes close to bridging the gap between Democrats and the Trump assistants.

In May, the Democratic-controlled Firm passed its $3.4 trillion HEROES Act, which would send another round of $1,200 checks to those who received them under the $two.2 trillion CARES Human action, plus expanded dependent benefits.

The HEROES Act would likewise requite billions to state and local governments and restart federal unemployment payments at the $600 weekly rate.

The Senate's Republican leadership ignored the HEROES Act and instead proposed the HEALS Act, which had similar provisions for stimulus cheque 2 but would cutting back unemployment benefits. At $one.1 trillion, the cost of the beak is as high every bit many senators are willing to go, and it has non been put to a vote.

At the starting time of negotiations with Republicans in July, Pelosi reduced her spending need to $2.two trillion hoping the other side could meet her halfway. So far, that hasn't happened.

Emily Long is a Utah-based freelance writer who covers consumer technology, privacy and personal finance for Tom'south Guide. She has been reporting and writing for nearly x years, and her work has appeared in Wirecutter, Lifehacker, NBC BETTER and CN Traveler, among others. When she's not working, you can detect her trail running, instruction and practicing yoga, or studying for grad school — all fueled by coffee, obviously.