Aug 15, 2020
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About this Deal
It's possible you could get your stimulus money faster than you did with the first check, but the timeline to pass a bill is in flux. We worked out some potential dates for when it could happen given the current situation.
Talks on a new economic stimulus package are currently stalled on Capitol Hill, and Congress is in recess -- the Senate has adjourned until September and the House of Representatives until Sept. 14. That makes it hard to know when eligible Americans might receive the next stimulus payment, but we can sketch out a timeline for how soon that could happen after a bill is (hypothetically) passed. (Here are five reasons we think that might happen.)
Both sides of the aisle want to include a second $1,200 stimulus check in the rescue package, but the GOP's idea of the size of the bill (preferably $1 trillion) is smaller than what Democratic leaders want (at least $2 trillion, at this point).
Treasury Secretary Steven Mnuchin has stated that he could send a new direct payment quicker than the first stimulus check. But when could that be, exactly? The answer hinges on serious talks resuming on Capitol Hill that lead to a final deal, but we've calculated some possible dates below.
Updated frequently as news develops.