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Stimulus check 2: Here's when top Democrat says it will happen

Stimulus check 2: Hither's when elevation Democrat says it will happen

Illustration of hundred-dollar bills and a check from the U.S. Treasury poking out of a manila envelope against the backdrop of the American flag.
(Image credit: ungvar/Shutterstock)

Although there may still exist hope for a stimulus check 2 as talks between Democrats and the Trump administration inch forward, a tiptop House Democrat is cautioning that a bargain is unlikely to happen before Nov. 3.

Firm Majority Whip James Clyburn (D-S Carolina), the third-ranking member of his party, said on Wednesday (Oct. 21) that he believed lawmakers will take up a neb "a week or ii" later on the election.

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This skepticism followed a missed Tuesday-nighttime deadline, prepare by Firm Speaker Nancy Pelosi (D-California), to cut a deal with the White House.

"The election is less than 2 weeks away, and I believe we'll be back in Washington a week or two after the elections and we tin do something at that place," Clyburn said while appearing on CNN. "At least the elections will be behind us. People volition know what their futures are."

Pelosi had previously said that she and Treasury Secretary Steven Mnuchin, who represents the White Business firm, had to reach consensus two weeks ahead of Election Mean solar day to ensure a vote earlier Nov. 3. She is still talking with Mnuchin and reports indicate that they may be moving closer to an agreement.

In fact, Pelosi suggested on Wednesday that her goal was all the same to finalize a neb before the election.

"I'm optimistic that there volition be a bill," she said in an interview with MSNBC. "It's a question of, is it in time to pay the November rent, which is my goal, or is it going to exist shortly thereafter and retroactive?"

However, economists are skeptical nearly the chances of a concluding-infinitesimal agreement — Goldman Sachs on Wednesday cautioned clients that "a deal doesn't seem particularly shut."

Second Senate 'skinny' bill fails

Meanwhile, Senate Democrats on Midweek blocked a 2nd GOP endeavor to pass a "skinny" stimulus proposal, which would have provided $500 billion in relief but no $1,200 bank check to eligible Americans. The bill, which had little hope of passing to brainstorm with, did not garner the sixty votes needed to motion forward.

Senate Majority Leader Mitch McConnell (R-Kentucky) has long been resistant to because anything that comes out of talks between Pelosi and Mnuchin, even equally President Donald Trump keeps raising the amount he'south willing to spend.

While McConnell indicated before this calendar week that he may be willing to bring a bill to the flooring for a vote, he privately said on Tuesday (Oct. 20) that he had warned the White Firm not to cut a deal with Business firm Democrats earlier Ballot Day.

Publicly, McConnell told reporters Tuesday that "if a presidentially supported bill clears the Firm at some point, we'll bring it to the floor."

Merely McConnell didn't specify whether he would immediately call a vote on a bill that happened to pass the House before Nov. three.

Emily Long is a Utah-based freelance writer who covers consumer technology, privacy and personal finance for Tom's Guide. She has been reporting and writing for nearly x years, and her piece of work has appeared in Wirecutter, Lifehacker, NBC Ameliorate and CN Traveler, amongst others. When she's not working, you lot can find her trail running, educational activity and practicing yoga, or studying for grad school — all fueled by java, manifestly.

Source: https://www.tomsguide.com/news/stimulus-check-after-election-day

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