Status on the Latest $1,200 Stimulus Check
Waiting for a decision on another round of $1,200 stimulus checks is akin to watching a ping pong match it seems. President Trump has recently and frequently sent very mixed messages about his approval, or not, of the stimulus package as a whole as well as its parts – including issuing $1,200 checks for Americans who have been in need of additional economic relief from the fallout of the ongoing coronavirus crisis for months, while politicians grapple at their expense.
The latest, which is apparently subject to change again, is a revised stimulus relief bill which Trump is supposedly backing, according to Larry Kudlow, a White House economic adviser. Although no specific details were revealed, Kudlow said the package will likely include another round of $1,200 checks for those who qualify as well as small business loans and long-awaited aid for the hard-hit airline industry. Major carriers were forced to lay off thousands on October 1 while they wait for the much-needed $25 billion payroll funding.
Trump has changed his position numerous times recently, confusing even his own advisers. While he has pushed for certain elements of stimulus approval, he’s not on board with the whole package despite a $2.2 trillion bill passed by House Democrats last week, which has yet to pass the Senate. Speaker Nancy Pelosi ridiculed the idea of a partial package as she continues ongoing talks with Treasury Secretary Steve Mnuchin this week.
Ann Sullivan is a contributing staff writer covering national and world news topics. She brings dedicated experience having written international and domestic news, blogs, and web content for over 20 years. She’s also a published poet and graphic designer with degrees in Business and Graphic Communications and has been a music distributor, music industry sponsorship sales director and band manager.