SENATE Republicans are preparing to unveil a second round of stimulus checks in a new coronavirus aid package, but Americans’ eligibility could change.
Republicans plan to introduce their full proposal for the CARES 2 Act on the Senate floor on Monday.
One possible scenario could be that Senate Republicans tighten the income restriction, which would shut out more Americans from receiving emergency funds, according to CNET.
Senate Majority Leader Mitch McConnell has suggested that the second relief bill would have a narrower focus.
But House Democrats want to broaden the requirements so that more people would be eligible for aid this time around.
US Treasury Secretary Steve Mnuchin said this week that the size and scope of the payments will likely be the same as the first round, which allotted up to $1,200 for individuals and $6,000 for families.
“Our proposal is the same exact provision as last time,” Mnuchin told reporters on Thursday.
If signed into law, the TRIP Act, a stimulus package introduced in Congress last month, would give a “travel stimulus check” to Americans for traveling within the US.
People who earn over $99,000 could be ineligible for the second round of coronavirus stimulus checks if income limits become more strict.
McConnell had previously said he’s considering another batch of direct payments targeted at Americans with an annual income of $40,000 or less.
“I think the people who have been hit the hardest are people who make about $40,000 a year or less,” he said on July 6.
“Many of them work in the hospitality industry. So that could well be a part of it.”
CARES 2 could also carry over the same exclusions as its predecessor: people between 18 and 24 yers old, those who aren’t US citizens but pay taxes, and incarcerated people could once again be shut out.
Republicans announced their new $1 trillion coronavirus rescue package on Thursday after the White House dropped its request for a cut to Social Security payroll taxes.
It has been four months since President Donald Trump signed the CARES Act to provide million of Americans with coronavirus stimulus checks.
March’s CARES act – which stood for the Coronavirus Aid, Relief and Economic Security Act – provided for $1,200 checks to be sent to every adult whose income was under the threshold.