With momentum growing to remove President Donald Trump from office byand a poised to begin (here’s how to ), it’s a wonder top US leaders have any breath left at all for a that could .
Yet on Tuesday, Chuck Schumer, the Senate Majority Leader-designate, once again vowed to makea top priority, with a larger stimulus check to go with it.
“We will get that done,” Schumer wrote in a letter to Democratic colleagues, according to multiple reports. With a, Schumer is counting on pushing the legislation through.
What isn’t clear — and won’t be until more of the next package takes form — is if lawmakers will attempt to approve a, or a check for up to $1,400 per eligible adult, a figure that would .
President-elect Joe Biden appears to back the $2,000 stimulus check in its entirety. “Biden tweeted Jan. 10.when you have to choose between paying rent or putting food on the table. We need $2,000 stimulus checks,”
One possible objector could be Senate Democrat Joe Manchin, who expressed concern multiple times about the cost of a third stimulus check and suggested the financial aid could be better focused on those most in need of the money.
“Absolutely not. No. Getting people vaccinated, that’s job No. 1,” Manchin, a centrist from West Virginia, told The Washington Post on Jan. 8 when asked about more. “How is the money that we invest now going to help us best to get jobs back and get people employed? And I can’t tell you that sending another check out is gonna do that to a person that’s .”
Shortly after, Manchin appeared to have softened his stance. According to NBC News, Manchin’s spokesperson said he was “open” to hearing President-elect Joe Biden’s case for a , but prioritizes . Funding to deliver the is also on Biden’s agenda for a large stimulus bill. Manchin repeated his views Jan. 10.
With the Senate evenly divided and incoming Vice President-elect Kamala Harris set to act as a tiebreaker, opposition from just one Democratic senator could sink the party’s hopes for a large third stimulus check.
“The price tag will be high,” Biden said Jan. 8 in a press conference. “We need more direct relief flowing to families, small businesses, including finishing the job of getting people that $2,000 relief direct payment,” he said.
Here’s everything we know about a third stimulus check so far. Biden is expected to spell out more of his stimulus package on Thursday, as well as after his.
The momentum for a $2,000 stimulus check
The IRS may have already finished sending most of thefor ( and ), but Washington leaders are already haggling over a $2,000 third stimulus check. The calls for a $2,000 cap pick up where Trump, congressional Democrats and a few outspoken Republicans left off trying to raise the .
With Democrats preparing to swear in two Georgia senators and take the majority by a hair, the party will control Congress and the presidency, making it easier for Biden to pass his objectives despite projected resistance from Senate Republicans.
Biden had already made it clear he supports a third stimulus check, but before last week, had shied away from committing to a sum. In his early presidential campaign, he had suggested a, modeled on the first, but more recently, he left the question open.
“This bill is just the first step, a down payment,” Biden said Dec. 22 in the last days of negotiation over the. When asked by a reporter if a future package would contain the third stimulus check and how much money he would seek, Biden said, “That’s a negotiating issue… But it will, yes, it will.”
It now appears that the introduction of a $2,000 per person upper limit in a serious way, and confidence of a Democratic Senate, have emboldened Biden to push for the larger sum.
How a third stimulus check could bring you more money
A $600 check is, obviously, half the $1,200 from 2020, so, yes, recipients get less money per household. But there’s more to it than that. Since the upper limit for a, with an extra , the way , more people hit the upper income limit for receiving a second payment, which means they at all.
A third stimulus check could:
Here are other ways ain your pocket.
Other funding a new stimulus bill could provide
We already know some of Biden’s, which he shared as part of his presidential campaign trail. There’s a good chance that he’d push Congress to revisit those agenda items, in addition to several programs left out of December’s by both Republicans and Democrats.
They could include measures like:
- A larger third stimulus check that could reach more people.
- Larger past March.
- Renewing the past Jan. 31.
- Student loan deferrals or forgiveness for public schools.
- More money for state, local and tribal governments.
- More money for contact tracing, coronavirus testing and distribution.
- Liability protection for businesses against coronavirus-related lawsuits.
For more information, here’s how to, and a primer on the .