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A Second Round of $1,200 Stimulus Checks Could Be Coming. Here’s How Soon You Can Expect Them

July 25, 2020 by Staff

(CNBC) Congress won’t move on the next round of stimulus legislation this week.

Despite that, however, a second set of stimulus checks is still on the table.

Draft legislation released by Senate Republicans states, “These will be included, but the amount of the payment and eligibility are TBA [to be announced].”

Treasury Secretary Steven Mnuchin said this week that the size and scope of the payments will likely be the same as the first round. That is subject to change as negotiations with Democrats ensue.

Those checks were up to $1,200 per individual or $2,400 per married couple, plus $500 for dependents under 17.

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Filed Under: U.S.

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