Sorry, but it looks like that first $1,200 stimulus check is also the last

[Andy Meek]

• The possibility of Congress passing a new stimulus bill to help address the continuing effects of the coronavirus pandemic has now all but collapsed, based on the latest comments from members of both parties.
• It's likely we won't get a new stimulus bill until after the November presidential election, at the earliest.
• This is in contrast to the bipartisanship that characterized passage of the $2.2 trillion CARES Act six months ago -- at the time, the largest stimulus package in the US history.

Negotiations over a new stimulus bill to provide more relief to companies and individuals still struggling amid the coronavirus pandemic have broken down to the point that things have gotten a little reminiscent of that Internet meme depicting two Spidermen pointing at each other.

While both parties in Congress cast blame at each other, though, one thing is pretty clear at this point: It's now all but certain that there won't be another stimulus bill, which means no new stimulus checks either, until sometime after the November presidential election. At the earliest.

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Sorry, but it looks like that first $1,200 stimulus check is also the last originally appeared on BGR.com on Mon, 14 Sep 2020 at 13:33:10 EDT. Please see our terms for use of feeds.

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