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When would the third stimulus check be sent | The State

When would the third stimulus check be sent?

The Democratic leader in the Senate, Charles Schumer.

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JIM LO SCALZO / EFE

The debate continues on what would be the amount of the third stimulus check that the Democrats have promised to the Americans, although the doubt has also arisen about the date in which it would be sent.

Experts consulted by CBS News indicated that it is possible that the new stimulus package is approved this month, after the inauguration of the president-elect Joe biden.

Although they did not give an estimated date, they indicated that it should not go beyond March, since that month the approved benefits with the $ 900,000 million plan, including the unemployment insurance bonus, conclude.

“An improved stimulus package would probably arrive in March”, the television station quoted Ed mills, investment bank analyst Raymond James Hammond and Mills, as well as Heights Securities expert, Hunter Hammond.

Analysts indicate that there is pressure on Congress, also because the new aid coincides with the sending of tax reports to the IRS.

“That’s because the most recent relief measure extended unemployment programs until mid-March, putting pressure on Congress to act on additional financial support before that limit,” they noted.

Regarding the amount, both experts considered that although the Democratic leader in the Senate, Charles schumer, confirmed that his bench will seek to approve $ 2,000 grant, they could only approve $ 1,400, as part of the increase from the $ 600 to the $ 2,000 promised.

“We expect growing anticipation that Democrats will seek additional stimulus with a check for $ 2,000 (or at least the remaining $ 1,400).”Mills said.

President-elect Biden is expected to sign any of the approved plans immediately.

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