Hoping for a Second Stimulus Check? You Won't See One Until September -- If Ever
With the country in a recession and unemployment rates still above 10%, millions of Americans are struggling financially and looking to Washington, D.C., for assistance. Unfortunately, they won't get it anytime soon.
Although lawmakers from both sides of the aisle have indicated they are in favor of a second coronavirus-related stimulus payment, months of negotiation have yet to lead to compromise legislation that will gain majority support.
Unfortunately, while it seemed all but certain that lawmakers would pass another coronavirus relief bill before July 31 (when expanded unemployment benefits ran out for millions of Americans), that deadline has come and gone. Now those hoping for more COVID-19 money will probably have to wait until mid-September at the earliest -- and there's a good chance no funds will ever come.
Source Fool.com