When second stimulus checks could arrive if Biden strikes a deal
For months Democratic and Republican leaders have failed to reach an agreement for another COVID-19 relief package, which would include items like a second round of $1,200 stimulus checks.
But staffers on Capitol Hill expect that breakthrough to come shortly after the inauguration of President-elect Joe Biden on January 20.
And if that economic aid package includes another round of stimulus checks, here’s when Americans could expect to actually get the money.
If the last go-around is any indication, the first of the checks would start to be deposited within two weeks of the legislation passing. After the passage of the $2.2 trillion CARES Act on March 27, Americans started to receive their stimulus checks as early as the week of April 13.
The long waits shouldn’t happen this time. Back in the spring, millions of Americans, including those on Social Security, saw their checks delayed until they provided additional information. … Read More