In the months following the adoption of the first stimulus package, more than 160 million COVID-19 stimulus checks were issued to U.S. households. These controls were part of the $2 trillion Financial Relief and Economic Relief Act, known as the CARES Act. It seems that there will be a second stimulus package and therefore a second cyclical test. We draw this conclusion on the basis that both sides in Congress and President Trump see the need for a second package and have conducted months of negotiations on what it will contain. However, there is no clear answer to the question of whether or when this will happen from now on. But there are also scenarios in which a person could this time receive a minor examination. Goldman Sachs analysts are more optimistic that while the election results are still controversial, lawmakers are likely to adopt a $1 trillion stimulus package before Biden`s inauguration in January. However, they believe the stimulus package will have only a “small” positive influence on U.S. growth in 2021. Republicans should focus on putting in place a magnificent stimulus package for the American people! Before the election, the White House and Pelosi have already agreed that the next stimulus package will include a second round of stimulus packages for Americans.
What we do know is that both sides are interested in reaching an agreement and agree that a second round of stimulus measures for American citizens must be implemented, hit hard by the economic impact of the Covid 19 pandemic. Heroes Act 2.0. This draft compromise provides urgent assistance to schools, small businesses, restaurants, services and local governments. Our bill also renews the unemployment benefits of the Confederation until next January and offers a second stimulus check. pic.twitter.com/pmhVyPmnhi The major political implications of these discussions are no secret, and Pelosi accused Trump of imposing any financial support to strengthen his image before Americans go to the polls, and he says, “[Trump] just wants his name out of a check before election day and the [stock market] goes up.” Mnuchin also expressed hope for an agreement at a conference this week; “I say there will still be a serious attempt to achieve this and I think we are confident that we can accomplish something… I think there is a reasonable compromise. If House of Representatives spokesman Pelosi wants to “compromise, there will be an agreement,” Finance Minister Mnuchin said of the economic negotiations. “We`ve made a lot of progress in many areas, but there are still some significant differences that we`re fixing.” t.co/WYR26NQ7cI pic.twitter.com/RgckiuRWTS Democrats in the House of Representatives, Senate Republicans and White House advisers each have their own ideas of what should be in a second financial bailout bill, how much it should cost and how it should affect Americans and the country.