Amid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of stimulus checks for Americans. Meanwhile, the Senate is set to vote on a smaller stimulus bill without direct payments this week.

Deadline for Stimulus Negotiations

Stimulus packages to help Americans cope with the coronavirus-driven economic crisis have been heavily discussed this week as U.S. lawmakers hope to approve new relief aid before the November presidential election. Six proposed stimulus packages provide a second round of stimulus checks to Americans. The latest proposal from Democrats is the $2.2 trillion revised Heroes Act but the White House has made a counteroffer of a $1.8 trillion stimulus package. Both contain a second round of stimulus checks for Americans. Despite constant negotiations over the past weeks, House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have not been…

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Source: https://news.bitcoin.com/stimulus-deadline-second-stimulus-checks/