Waiting for a second stimulus check? The GOP isn’t itching to send you one

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The chance for a second round of direct payments to Americans is looking less likely. Bad news if you are hoping on another stimulus payment: it might not be coming. Though Republicans are talking about a summer stimulus package, they are not specifying that stimulus payments will be part of the deal. In other words, when Treasury Secretary Steve Mnuchin says there’s a “strong likelihood” of another bill , that is not synonymous with putting a direct payment into your pocket. Stimulus checks were part of the last package, a vestige of the past. Read Full Story

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IRS stimulus checks helped catapult Walmart to monster second-quarter profit

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Retail giant Walmart Inc. said its second-quarter 2020 sales were lifted by spending associated with IRS stimulus payments. As lawmakers on Capitol Hill continue to squabble about a future coronavirus stimulus package that would put more money into people’s pockets, today brings fresh evidence that the first round of direct payments did, in fact, stimulate the economy. Read Full Story

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Still no IRS stimulus check? ‘Payment status not available’? Here’s what might be wrong

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If you were expecting a COVID-19 stimulus check from the IRS and you still have not received it, you are surely wondering what’s going on. Here are some possibilities. It’s been almost a week since the Internal Revenue Service began making direct payments to individual taxpayers as part of the coronavirus economic stimulus package. If you were expecting a check and have not received it by now, surely you are wondering what’s going on. You’re not alone—a cursory search of social media will turn up countless people beseeching the IRS with questions about when their check will show up. Read Full Story

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Second stimulus checks? Direct payments should be automatic and ongoing, say 156 top economists

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Top economists told Congress that Americans need direct payments and those should be automatic and ongoing. People who specialize in money are weighing in on the next stimulus package, and they’re urging Congress to get more money into your pocket: One hundred fifty-six top economists, most from dozens of top-tier U.S. universities and think tanks, sent an open letter to Congress asking for: Read Full Story

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IRS says millions may still be eligible for stimulus checks: Here’s a breakdown by state

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The IRS is trying to reach 8.8 million Americans who may still be eligible for a direct payment from the coronavirus relief package passed in March. The Internal Revenue Service is sending letters to almost 9 million Americans with unusual tax situations who may still be eligible for a direct payment as part of the federal coronavirus relief package passed earlier this year. Read Full Story

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Second stimulus checks won’t be coming anytime soon. Here’s the latest update

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Even if Congress can pass a second economic stimulus package relatively soon, it could be months before Americans receive any funds. Back in March, the U.S. government passed an unprecedented stimulus package to help Americans weather the economic bomb the COVID-19 pandemic dropped on the economy. Everything from loans to small businesses to direct economic impact payments to individuals was included in the package. Read Full Story

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Second stimulus checks and unemployment: Here are the latest details as we wait for a package

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We finally know more details about the next stimulus package for coronavirus relief. The package is expected to include direct payments to Americans. Finally, the next stimulus package bill for people affected by COVID-19 is upon us. Sorta. Yesterday, Senate Majority Leader Mitch McConnell was supposed to release the lonnnnng-awaited legislation that will serve as a starting point in negotiations with Democrats. He didn’t. The release has now been bumped back to next week . But Treasury Secretary Steven Mnuchin has been talking to the press about what you’ll likely get. Read Full Story

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Second stimulus check and unemployment update: What’s next with Congress going on vacation?

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Congress and the White House are dropping the ball on the next stimulus package. Here’s what that means for unemployment and direct payments. The $600 weekly extra unemployment benefit ended last week, and the Paycheck Protection Program for small businesses expires this weekend. Also, there is no second stimulus check in sight. What aid does Congress have in store for desperate Americans and businesses that are still suffering amid the coronavirus pandemic ? Nothing. Congress begins vacation at the end of the day. Read Full Story

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Coronavirus stimulus checks: What we know so far

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Wondering “Where’s my check?” Here’s what we know so far. Lawmakers in the U.S. have promised (but not yet delivered) a monumental $2 trillion coronavirus stimulus package that’s expected to include $250 billion for direct payments to Americans. You may already be wondering: “Where’s my damn check?” Read Full Story

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