The Latest Republican COVID-19 Relief Bill Doesn't Include a Stimulus Check
Millions of Americans have grappled with financial stress in the wake of the COVID-19 pandemic and the accompanying recession. In March, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed, and weeks later, direct $1,200 stimulus payments started hitting Americans' bank accounts.
For many Americans, that money is long since spent. Yet the latest Republican COVID-19 relief proposal doesn't include a renewed direct stimulus check. That's a harsh blow for the public to absorb.
For stimulus checks to go out, they must be included in a larger COVID-19 relief bill that's passed into law. Lawmakers attempted to hammer out such a bill, but hit a dead-end by the time the Senate recessed in August. With lawmakers back in session, the pressure to agree on a relief bill is high. On Sept. 8, Republicans revealed a scaled-back relief package. They're now pushing for a near-term vote on it.
Source Fool.com
