Sep 17, 2020
New York : Four possible scenarios of a second stimulus check approval schedule
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The forecast for a new stimulus check bill is fluctuating from day to day.
Photo: William Thomas Cain / .
Formal talks for a new aid bill have yet to resume but the Senate came back from recess last week and the House of Representatives is scheduled to get back to work after passing the Postal Service bill.
The total cost of the bill is the root of the disagreement. According to a New York Times report, the White House has hinted that it could $ 1.5 trillion, while Democrats have come down from their initial proposal of $ 3 trillion to $ 2.2 billion. The failed Republican proposal estimated between $ 300,000 and $ 650,000 million.
The forecast for another stimulus check bill passed before the presidential election fluctuates from day to day. During the presidential campaign it is expected that the response of the leaders to the coronavirus will be the center of attention of the candidates at all levels, what is increasing political pressure to pass a second aid check or at least formulate a failsafe plan.
Here’s a possible speculative timeline of dates when we might see a stimulus bill in the event that talks resume during the next week.
The schedule is based on congressional voting schedules and the ability to postpone a recess or return to session to pass a bill. This would be the possible timetable if the legislation is passed in September:
If the proposal leaves the Senate September 22, the House of Representatives could vote and President Donald Trump could sign on September 24. In case the Senate votes a new law to support coronavirus the September 30th the House of Representatives could vote on October 1 and the president could sign it on October 2. If the Senate issues a resolution on 6th of october the House of Representatives would vote on the proposal on the 7th and the president could sign the law on the 8th. In case the talks get closer to the presidential election and the Senate votes on October 20 the House of Representatives could do its thing on the 21st and the president to sign the new law on October 22 with a margin of just over a week before voting day.
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Mnuchin gives Pelosi ‘counter offer’ to $2.2TRILLION stimulus plan as sides try to break stalemate over $1,200 checks
STEVE Mnuchin has reportedly given Nancy Pelosi a "counter offer" to a $2.2trillion stimulus plan, as sides try to break a stalemate over $1,200 checks.
The offer from the Treasury Secretary reportedly came after House Speaker Pelosi and Democrats put out another emergency coronavirus plan over the weekend, Fox News reported.9Treasury Secretary Steve Mnuchin reportedly made a counteroffer to Nancy Pelosi in Democrats' $2.2coronavirus stimulus proposalCredit: Alamy Live News 9Democrats unveiled a $2.2trillion stimulus package proposal that would include another round of $1,200 checksCredit: Reuters 9Millions of Americans are eagerly waiting to see if another round of $1,200 checks will be passedCredit: Getty Images - Getty
Democrats previously unveiled the $2.2trillion package, which would include $1,200 stimulus checks and $600 in additional aid for unemployment.
Fox reporter Chad Pergram said that Mnuchin's counter offer came on Wednesday, as he met with Pelosi on Capitol Hill.
Mnuchin made a counter offer – but Republican Senate Majority Leader Mitch McConnell said that Republicans would not come close to meeting Democrat's $2.2trillion proposal, Fox reported.9Pelosi said negotiations with Mnuchin will continueCredit: Reuters 9Mnuchin meets at a hearing for the US Senate Committee on Banking, Housing, and Urban Affairs on September 24.Credit: Splash News 9President Trump has favored another round of checks for AmericansCredit: AFP or licensors
Talks between the Secretary and House Speaker came the same day the Payroll Support Program is set to expire.
The program gave money to airlines, which guaranteed jobs for flight attendants, gate agents, bag handlers, and others, the Associated Press reported.
As the program is set to lapse tonight, around 40,000 airline workers are at risk of losing their jobs, the AP reported.
Democrats' bill would have extended the $25billion program.
Pelosi said on Wednesday night that talks with Mnuchin "will continue."9Pelosi said talks with Mnuchin 'found areas where we are seeking further clarification' in the stimulus billCredit: Reuters 9Mnuchin's reported proposal came the same day the Payroll Protection Program is set to expireCredit: Splash News
"Today, @stevenmnuchin1 and I had an extensive conversation and we found areas where we are seeking further clarification. Our conversation will continue," Pelosi said in a tweet.
She added in another tweet: "The House will be proceeding with our vote tonight on the updated #HeroesAct in order to formalize our proffer to Republicans in the negotiations to address the health and economic catastrophe in our country."
The talks between Mnuchin and Pelosi came months after the HEROES Act was passed in the House in May.
As Mnuchin reportedly made a counteroffer to Democrats' proposal, the Senate passed a last-minute bill that will fund the US government through December.9Mock-up of a coronavirus stimulus checkCredit: Getty Images - Getty Most read in NewsHIDDEN HORROR'Perv' lived in teen's room for MONTH until parent ‘caught him in the closet'HORRIFICGirl 'had to be sedated for pain' after she was 'raped by pedo in bed next to mom'MASS SHOOTINGSeven people gunned down at funeral home in front of 100 witnessesCLINTON CACHEHillary mocked as Trump-bashing interview is interrupted by Zoom time limitLIVING HELLGirl, 12, killed by head lice ‘lived in filthy hell home with rats in her room’VILE CAMPAIGNWoman who posted nude pics of boyfriend's 'fat wh**e' ex told to pay her £27k
The bill – which gives temporary funding – will run through December 11, Fox News reported.
This means the government will avoid a shutdown through the end of the year.
Members of Congress will now work to hash out funding for a full calendar year before the December deadline – in hopes of avoiding a shutdown then.Nancy Pelosi says 'I think we can find our common ground' with Treasury Secretary Steven Mnuchin as stimulus package talks continue