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Talks of a new round of stimulus measures have been ramping up lately, with President Trump and Congressional Republicans offering conflicting messaging as to whether another round of direct payments to the American people will be included in it or not.
The House of Representatives passed the HEROES Act, which included another round of $1,200 checks plus $500/dependent for most Americans back in May of this year, but the Senate has so far refused to debate that legislation or vote on any counter proposals of their own.
However, there have been a number of ideas floated by a prominent Republicans, including President Trump, that could serve as the starting point for negotiations.
President Trump has repeatedly, albeit vaguely, expressed his approval for a second round of direct payments to Americans. Trump had waffled on whether or not he is in favor of a second check, but that seemed to change recently to a hard "yes" with Mark Meadows, the White House Chief of Staff, unequivocally saying President Trump supports another round of stimulus checks:
"I think the president has been very clear that he's supportive of another stimulus check. And yet at the same time, we want to make sure we're addressing things in a real systemic way."
- White House Chief of Staff Mark Meadows
President Trump's support (and pressure on his own party) for another round of direct payments to Americans would be vital because many Senate Republicans have publicly voiced their hesitancy or outright disapproval of another round of direct payments and instead favor more business friendly ideas like a payroll tax cut, a "return to work bonus" to persuade people to get back to work, and a tax credit to entice families to go on vacation.
What many of these proposals envision is a "return to normal" mindset, which, as we are currently witnessing in the South and West, may not be feasible anytime soon. So, if we can't "get back to normal" anytime in the near future then we likely won't have any other choice than to help prop up the economy (and the American people who drive it) with another round of direct payments to help get us through these unprecedented times.
If I were a betting man, I would bet that Senate Republicans are hoping to extract some business friendly concessions from House Democrats in exchange for the green-light on another stimulus check. My guess is the House will go along with that, so long as the concessions aren't so outlandish that they are seen as a poison pill. When all is said and done, I have a strong feeling the vast majority of Americans will be getting another $1,200 (or more) by sometime in mid-August.