New stimulus checks are on the way – here’s when you can expect to get yours

[Andy Meek]

• A new coronavirus stimulus bill has finally been unveiled in the Republican-controlled Senate, which includes, among other things, funding for new stimulus checks.
• Those new direct payments are expected to start being sent out to most Americans in August.
• Other components of the new stimulus bill include a controversial slashing of the expanded federal unemployment assistance, as well as funding for more Paycheck Protection Program loans.

Kentucky Republican and Senate Majority Leader Mitch McConnell offered something of an understatement in remarks on the Senate floor Monday ("The American people need more help") by way of finally introducing the GOP's new $1 trillion coronavirus relief bill. Unveiled as the HEALS Act -- which stands for Health, Economic Assistance, Liability Protection, and Schools -- this is the new stimulus bill whose introduction was pretty much a foregone conclusion, with the coronavirus pandemic still raging across the US and taking down big swaths of the economy with it. Not to mention throwing tens of millions of people out of work.

Various Republican senators rolled out aspects of what the new stimulus bill will include during floor speeches Monday night: Funding for new stimulus checks for Americans, for example, as well as a new round of the Paycheck Protection Program loans meant to help small businesses stay alive during the pandemic. The inclusion of both of those items will certainly be welcome news to many Americans, though the bill is not without controversy.

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New stimulus checks are on the way – here’s when you can expect to get yours originally appeared on BGR.com on Tue, 28 Jul 2020 at 13:17:32 EDT. Please see our terms for use of feeds.

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