YOU might not get a second stimulus check because Republican senators are "not ready to commit to direct payments."
Senator John Cornyn made the stark announcement over the weekend.
"What the components of it are, I can’t tell you completely because there's been a lot of work behind the scenes on various ideas.
"We know that a direct payment to individuals was done initially because they needed some financial help," Cornyn told WKRN.
Speaking about the checks and unemployment benefits, Cornyn said: "There are other parts of it that I think we may need to reprogram…some of the money we’ve already appropriated to put it in other places."
Republican Senator John Kennedy of Louisiana also said: “If you put a gun to my head and said, 'Tell me what’s going to happen, give me your best guess,' I'd have to tell you honestly, I don’t know."
He also said that senators would look at another direct payment but did not endorse it.
The $3 trillion Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act would ensure another round of stimulus payments for most families.
This new legislation is larger than the CARES Act with every family member pocketing $1,200 – including children.
Single taxpayers earning less than $75,000 and married taxpayers earning a combined total of $150,000 would get the payments in full.
A family of four would receive $4,800 if the parents earn less than $150,000 per annum.
The new act capped total payments at $6,000 per family and included all dependents, which is significantly more than the CARES Act offered.
A decision on the stimulus package being passed could come this week.
During an interview with CNBC on Thursday, Mnuchin said he wants the legislation in place by July 20.
"We're discussing the criteria with the Senate, and had a productive talk with Senate Majority Leader Mitch McConnell."
He then went on to say that the Trump administration will work "on a bipartisan basis with Republicans and Democrats" on passing the bill.
Mnuchin also labeled the check legislation a "priority" to have passed in the next ten days.
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