The White House’s top negotiator is trying to revive stalled talks over coronavirus aid. Treasury Secretary Steven Mnuchin reached out to the Democratic leaders Wednesday.
Negotiations on a huge COVID-19 relief bill are set to resume, but the path forward promises to be challenging.
Frustrated congressional negotiators of a massive coronavirus relief bill are facing new pressure with Thursday's brutal economic news and the approaching lapse in a $600 per-week COVID-19 jobless benefit.
President Trump suggested this week the next coronavirus relief package could include a direct cash payment for American families that's potentially higher than $1,200.
The differences in Washington over the next coronavirus aid package are vast.
The GOP unveiled details for a second round of direct payments to American households on Monday, in legislation that has been dubbed the HEALS Act.
The framework is expected to extend — but reduce substantially — just-expired expanded unemployment benefits, send a fresh round of $1,200 stimulus check to American adults earning less than $75,000 in August and funnel tens of billions of dollars in aid to schools and universities.
Treasury Secretary Steve Mnuchin says that many Americans will be getting another $1,200 stimulus check in August. But, he says that the GOP is determined to cut down the $600/week in extra federal unemployment benefits that millions have been getting for months.
Top Republicans in Congress met Monday with President Donald Trump at the White House on the next COVID-19 aid package as the crisis many hoped would have improved has dramatically worsened, just as emergency relief is expiring.
Families are normally entitled up to $2,000 annually in refundable tax credits per each child.
Despite warnings issued by the federal government, tens of thousands of individuals may have inadvertently thrown out their $1,200 stimulus payments.
Another round of stimulus payments could be distributed to people earning less than $40,000, Senate Majority Leader Mitch McConnell has said.
Speaking at the White House during an interview, President Donald Trump said Tuesday that Americans can look forward to another round of stimulus checks before the end of the year.
President Trump also said he wants payments larger than the $1,200 the government sent to most individuals earlier this year.
Billions of dollars in coronavirus aid were sent to deceased individuals and millions of Americans are believed to have been infected at some point.
President Trump signaled this week that he supports sending a second round of direct cash payments to Americans still reeling from the coronavirus pandemic and subsequent economic lockdown.
While the IRS has asked survivors to return the money, it's not clear they have to.
The legislation authorizing the payments during the pandemic doesn’t specifically exclude jail or prison inmates, and the IRS has refused to say exactly what legal authority it has to retrieve the money.
President Trump signaled Monday that he's open to a second stimulus check for Americans still reeling financially from the coronavirus pandemic and the related economic lockdown.
The president brought up the “Explore America” Tax Credit during a White House roundtable last month.