In Line for Another $1,200 Coronavirus Check? Trump Administration Will ‘Seriously Look’ at Proposal

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Treasury Secretary Steven Mnuchin hinted this week that the Trump administration would be ready to send another round of stimulus checks to the Americans.
During a Senate hearing on the next coronavirus aid package in Washington, Mnuchin said: "I think we will seriously consider whether we want to use more direct money to boost the economy, but I think it's about getting people back to work and we look forward to working with the entire Senate on it. "
Meanwhile, Senate Majority Leader Mitch McConnell said Congress could decide in the next few weeks whether to start another round.
Some analysts have forecast that the relief measure will be on its way in late July.
Last month, the democratically run house passed a $ 3 trillion coronavirus relief law, essentially an opening offer in talks with the Trump administration and the Republican-controlled Senate.
The Heroes Act would include a second direct payment to individuals and households of up to $ 1,200 per family member, limited to $ 6,000 for a family of five.
Mnuchin also addressed other issues affected by the COVID 19 pandemic.
There is a need for resources that “encourage companies to reinstate people, particularly in areas that are most affected - be it travel, leisure, or restaurants. You cannot bring the hotel capacity back up to date without hiring staff beforehand, ”he said.
Mnuchin said he was aware of an ongoing problem with the increased unemployment benefit, which had resulted in some people being paid more for not working, and caused them not to re-enter the world of work.
"We have to fix unemployment," he said.
Last week, the Bureau of Labor Statistics surprisingly reported that the country's unemployment rate fell 1.4% to 13.3% in May. Despite the favorable numbers, the US economy entered a recession in February and ended an economic expansion that began in June 2009, according to the National Bureau of Economic Research.
Washington is also struggling with a sudden surge in new coronavirus cases. Texas has reported record-breaking COVID-19 hospitalizations for three consecutive days, with a significant increase in new infections in several counties in California.
Ethen Kim Lieser is a Minneapolis-based science and technology editor who has contributed to Google, The Korea Herald, the Lincoln Journal Star, AsianWeek, and Arirang TV. Follow him or contact him on LinkedIn.
Image: Reuters
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