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When will the August stimulus check arrive, according to Nancy Pelosi?

when stimulus check arrive

House Speaker Nancy Pelosi reveals the possible approval date for the new economic bailout: It could come in August.

A one-time payment of $1,200 is not enough to address the labor and economic crisis unleashed by the coronavirus outbreak, which is why the U.S. government is working in the respective negotiations to approve a new economic bailout, which will be “very generous” according to President Donald Trump.

Recently, the president raised the expectations of the Americans, because he let it be known that this new economic rescue will not only include a second stimulus check, which will be of a higher amount, but also, it would contemplate the ‘return to work bonds’, because it is estimated that with this Trump will float the economy as well as his presidential campaign, with which he seeks reelection in the next elections scheduled for November.

“I support more than the Democrats, but it has to be done right. I want the money to get to the people bigger so they can spend it, and I want the money to get there quickly and in an uncomplicated way,” Donald Trump said in an interview with Fox Business.

When will the second stimulus check arrive, according to Nancy Pelosi?

According to Nancy Pelosi, leader of the U.S. House of Representatives, this new economic bailout would be approved in early August, days after Congress returns to business after the Independence Day recess.

It is worth mentioning that the date revealed by Pelosi coincides with the critical deadlines to be taken into account for the approval of the new economic rescue and with it the second stimulus check, which are the following

From August 20 to 10

The Independence Day recess ends on July 3rd and ends on July 20th, however, the August recess follows. This leaves Congress with just 15 days to make a final decision before taking the next recess. According to Pelosi, it will be in these days that the final decision will be announced.

After September 7

Now, if due to some inconvenience, or conflict of interest between Democrats and Republicans, a final decision is not reached before the August recess, then the negotiations would run until after September 7, when the aforementioned recess ends.

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