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A Second Round of Stimulus Checks is Long Past Due


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    The official unemployment is still at a staggering 14.7%, with actual numbers certainly quite higher than that, but talks of a second round of stimulus checks has stalled with no clear sign of if or when they will even come. If that weren't bad enough, the first stimulus check still hasn't been delivered to 35 million Americans. That is simply unacceptable.

    Millions of Americans are hurting for no fault of their own and it is frustrating to see our leaders not being able to step up to the plate to help them out. While the House of Representatives has passed a bill that will, among host of other things, give most Americans up to $1,200 each, the Senate has so far refused to take that bill up or even offer competing legislation that would then give the opportunity to compromise with the House.

    I honestly don't understand what the hold up is because stimulus checks, unsurprisingly, stimulate the economy. The vast majority of people spent their first stimulus checks on staples like rent, food, and common household bills days after they received it. People aren't purchasing Nintendo Switch's with their stimulus checks; they are purchasing chicken and vegetables.

    Our leaders need to put politics aside and act to support individuals and families who are struggling not because they don't want to work but because they can't work. If they don't then we will be looking at a far bigger financial crisis in the not-so-distant future.

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    Its not quite that simple. The House bill includes way more than just simply stimulus checks. So its being held up at least in part because they can't agree on everything in the bill. If it was just a proposal for more stimulus checks and that was it, it would likely be addressed quicker and possibly even have already passed.

    But I agree something more needs to be done. Congress is acting like they already did plenty, which is just laughable.

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    WyattTown Wrote:

    Its not quite that simple. The House bill includes way more than just simply stimulus checks. So its being held up at least in part because they can't agree on everything in the bill. If it was just a proposal for more stimulus checks and that was it, it would likely be addressed quicker and possibly even have already passed.

    But I agree something more needs to be done. Congress is acting like they already did plenty, which is just laughable.

    Truly laughable. I guess they felt accomplished and patted themselves on the back for dolling out the first stimulus checks in a long time. Congress bickering over what they want and don't want in the bill is what held up the last stimulus proposal, even if it rolled out faster than we thought it would have.
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    WyattTown Wrote: Its not quite that simple. The House bill includes way more than just simply stimulus checks. So its being held up at least in part because they can't agree on everything in the bill. If it was just a proposal for more stimulus checks and that was it, it would likely be addressed quicker and possibly even have already passed.

    The House knew that their bill had no chance of becoming law, but that's besides the point. The House does their thing. The Senate does theirs. And then they conference and figure out what can pass both houses and be signed by the President. That's how it's supposed to work, but instead the House did their thing and the Senate did...nothing. I could potentially understand the Senate's inaction if things were heading in a downward trend and reopening large swaths of the economy was imminent, but they simply aren't and it isn't.

    Stimulus checks, unsurprisingly, stimulate the economy. The vast majority of people who live paycheck to paycheck spent their checks within days of receiving them on items like food and rent. And since millions of Americans remain unemployed for no fault of their own, a second stimulus check could be the difference between continuing to have a roof over their head or not.

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    Second Stimulus Checks Could Be Sent As Early As August

    Hopefully we are only a few weeks away, or a month at most for the 2nd stimulus checks to be approved. If not, it won't be until early Sept at the very earliest as Congress will be on recess from August 10th to Sept 7th. The current window for Congress to act is July 20th to August 7th. And it seems they should be extra motivated to act now as cases are on the rise and re-openings are being stalled or reversed.

    Of course this assumes the Dems and GOP can agree on a stimulus package. 2-3 weeks ago I wasn't so hopeful they would be able to. But now it seems more likely.