A second stimulus bill is needed to revive the lagging U.S. economy, say business leaders, Wall Street and the head of the Federal Reserve.
Speaker of the House Nancy Pelosi and Treasury Secretary Steven Mnuchin said they would soon resume negotiations over the size and scope of a new coronavirus-relief economic-stimulus bill.
Even as the prospects for a second stimulus bill dimmed, House members of both parties vowed to stay in Washington until a bill is passed.
President Trump has said he'd like to spend more on stimulus check 2 than other Republicans, but Joe Biden says he'd spend even more than that.
With stimulus talks at a standstill, but Trump and some House Republicans inching toward the Democratic position, it's up to Pelosi to take a deal now or wait for the GOP to fully cave.
President Trump's call for much more stimulus spending puts the White House closer to Democrats' demands, but Senate Republicans may torpedo a bigger bill.
President Trump on Wednesday unexpectedly demanded that Republicans be willing to spend more on a second stimulus package, which could break the deadlock in negotiations with Democrats.
Senate Republicans and House Democrats agree on the need for a second stimulus check. But they can't agree on much else, which is why relief bills have failed.
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The outlook for a stimulus check 2 dimmed a bit in Washington as the Senate failed to advance a 'skinny' bill that would exclude direct payments.
The IRS said up to 9 million people may not have collected their stimulus checks, mostly people didn't pay income taxes in recent years but are still eligible.
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As Congress prepares to go back into session after Labor Day, prospects are looking a bit less gloomy for stimulus check 2.
Senate GOP leaders want to pass a 'skinny' coronavirus-relief bill before the November election, but it likely wouldn't include stimulus check 2.
White House Chief of Staff Mark Meadows has said President Trump is “willing to sign something at $1.3 trillion.”
A call between House Speaker Pelosi and White House Chief of Staff Mark Meadows failed to break the political impasse over new stimulus-relief legislation.
Senate Republicans are set to formally introduce their “skinny” stimulus package this week, as House Democrats and White House officials remain at odds over next steps for additional relief.
The IRS said about 50,000 people would finally be getting their first stimulus checks after confusion about child-support payments was resolved.
A second stimulus check looks increasingly unlikely as senators and congressmen stay away from Washington until Sept. 7 and the parties gear up for election season.
While there is hope for a stimulus check 2, the lack of progress between the White House and Democrats is worrying.
A group of moderate Democratic congressmen urged House Speaker Pelosi, Senate Majority Leader McConnell and other party leaders to resume stimulus-package negotiations this weekend.
Even if a second round of stimulus checks is approved, there's a chance that cutbacks at the Postal Service might slow down their delivery.