Talk of a second round of stimulus checks has already started in Washington, while the first round of checks has not yet been completed.
With more than 33 million Americans filing for first time unemployment since March, lawmakers wonder if a one-time payment will be enough to keep people afloat.
Members of Congress are discussing different ideas and options for a possible second stimulus package.
While the official unemployment rate is 14.7%, it is likely higher as many Americans who are out of work didn’t file a claim for unemployment.
Some ideas include payroll tax cuts or a monthly stimulus check for the next 6 months, or even up to a year after the coronavirus crisis ends.
“Although some in Congress are working to rally support for additional aid, neither the House nor the Senate has so far passed a bill for a second round of relief payments for individuals.”