As reported by cnet,
Hours before supporters ofon Wednesday, Chuck Schumer, the Senate Majority Leader-Designate, pledged to pass a . During the chaos and destruction, which involved members of Congress being evacuated to a secure location for hours, the Senate changed from red to blue, as the results of Georgia’s runoff for two Senate seats were called in favor of the Democratic candidates.
“One of the first things that I want to do when our new Senators are seated isto the American families,” Schumer said Wednesday from the Senate floor.
“Their election will put an end to the block in Washington on that $2,000 stimulus check. That money will go out the door immediately to people in real trouble,” President-elect Joe Biden said Monday while campaigning in Georgia for Rev. Raphael Warnock and Jon Ossoff, who both won their seats against Republican incumbents.
Scant hours after the declarations were made, the nation’s focus swung to the dramatic events on Capitol Hill and then to calls ofand for invoking the days ahead of . The resignation of some of Trump’s cabinet members soon followed.
Does any of the upheaval in the nation’s capital affect a third stimulus check for $2,000 apiece? How could the turmoil affect the Congressional Republicans newly sworn in on Jan. 3 and when could a new stimulus check arrive? We’ll share what we know in the leadup to, as the situation develops.
The latest push behind a $2,000 stimulus check
The IRS may have already dashed to send out about two-thirds of thefor ( and ,) but some Washington leaders are already pledging a $2,000 third stimulus check. The calls for a $2,000 cap pick up where President Donald Trump, congressional Democrats and a few outspoken Republicans left off trying to raise the
With Democrats readying to swear in two Georgia senators and take the majority by a hair, the party will control Congress and the presidency, making it easier for Biden to pass his objectives despite a projected resistance from Senate Republicans.
Biden had already made it clear he supports a third stimulus check, but before Monday, had shied away from committing to a sum. In his early presidential campaign, he had suggested a, modeled on the first, but more recently, he left the question open.
“This bill is just the first step, a down payment,” Biden said Dec. 22 in the last days of negotiation over the. When asked by a reporter if a future package would contain the third stimulus check and how much money he would seek, Biden said, “That’s a negotiating issue… But it will, yes, it will.”
It now appears that the introduction of a $2,000 per person upper limit in a serious way, and confidence of a Democratic Senate, have emboldened Biden to push for the larger sum.
How a third stimulus check could bring more money
A $600 check is, obviously half the $1,200 from 2020, so, yes, recipients get less money per household. But there’s more to it than that. Since the upper limit for a, with an extra , the way , more people hit the upper income limit for receiving a second payment, which means they at all.
A third stimulus check could:
Again, much could depend on, and what the new Biden administration sees as its goals in rehabilitating an economy weakened by the .
What other funding a new stimulus bill could authorize
We already know some of, which he shared as part of his presidential campaign trail. There’s a good chance that he’d push Congress to revisit those agenda items, in addition to several programs left out of December’s by both Republicans and Democrats.
They could include measures like:
- A larger third stimulus check that could reach more people.
- past March.
- Renewing the past Jan. 31.
- Student loan deferrals or forgiveness for public schools.
- More money for state, local and tribal governments.
- More money for contact tracing, coronavirus testing and distribution.
- Liability protection for businesses against coronavirus-related lawsuits.
For more information, here’s how to, and a primer on the .