If You're Getting a Second Stimulus Check, It'll Probably Happen by Aug. 8
Although around 35 million people are still waiting for their first coronavirus stimulus check, the majority of Americans have now received COVID-19 payments authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Many have already spent this money, largely to cover necessities as millions have been left unemployed due to government lockdown and the resulting coronavirus-driven recession.
Since the first stimulus payment did little to help American families, demand is high for a second check. And although it's far from certain there will be one, lawmakers are considering multiple proposals to send additional direct payments to Americans.
If you're waiting for politicians to act, there's a key date you should put on your calendar: Aug. 8. If a bill hasn't passed to send out more stimulus money by that date, chances are good it never will.
Source Fool.com
