A Second Stimulus Check May Be in the Cards After All
Earlier this year, Americans were thrown a lifeline in the midst of a pandemic that ultimately spurred a recession unlike any other: a round of direct stimulus payments. Under the CARES Act, those payments maxed out at $1,200 per adult and $500 per child under age 17, and they helped countless households keep up with their bills in the face of job loss and economic uncertainty.
Meanwhile, lawmakers spent the better part of the summer duking it out over a second stimulus bill, and the expectation was that they'd come to an agreement to facilitate a follow-up round of direct payments by September at the latest. But lo and behold, we're already in mid-September, and no such deal has been signed. Which means stimulus payments are deadlocked as well.
Image source: Getty Images.
Source Fool.com
