COVID relief bill signed by president, $2,000 checks still up for debate

COLUMBIA, SC (WIS) — Sen. Mitch McConnell has blocked Democrats’ efforts to quickly pass a bill that would give some Americans $2,000 checks.

But it’s not on the table.

President Donald Trump’s demand to increase the stimulus checks some Americans should receive from $600 to $2,000 has support from Democrats, but it’s unclear if he’ll garner enough Republican support to pass.

What does this all mean and what do we know at this point?

  • On Sunday, President Trump signed a $2.3 trillion bill into law with two main parties
Here’s a breakdown of the COVID relief bill and what it could provide.((Source: SIO))
  • Direct payments of $600 for some Americans have already been enacted
Here's a breakdown of the COVID relief bill and what it could provide.
Here’s a breakdown of the COVID relief bill and what it could provide.((Source: SIO))
  • Passed bill includes second round of Paycheck Protection Program (PPP)
  • Small business loans available for people who have already received a PPP loan and those applying for the first time
  • Companies with less than 300 employees
  • Can prove that they suffered a 25% profit loss in 2020 compared to the same quarter of the previous year
Here's a breakdown of the COVID relief bill and what it could provide.
Here’s a breakdown of the COVID relief bill and what it could provide.((Source: SIO))
  • President Trump asks Congress to now increase direct payments from $600 to $2,000
  • The U.S. House passed the increase on Monday due to support from Democrats but did not receive support from a majority of Republicans.
  • The bill must now pass the Republican-controlled Senate before becoming law
  • On Tuesday, Sen. Chuck Schumer (D-NY) tried to quickly pass the CASH Act, but was blocked by Senate Majority Leader Mitch McConnell (R-KY)
  • McConnell controls which bills will come to the US Senate for a vote, but has not yet scheduled one for this increase.
  • The bill needs 60 votes in the Senate to pass
  • If it passes the Senate, it will need President Trump’s signature to become law.
Here's a breakdown of the COVID relief bill and what it could provide.
Here’s a breakdown of the COVID relief bill and what it could provide.((Source: SIO))

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