RUMORS are circulating on whether Americans are in line to receive a stimulus payment this year.
Taxpayers are wondering whether they will see a boost to their bank accounts in the coming months.
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Speculation is swirling that a payment worth $1,390 could be imminent.
But, in a blow to cash-strapped citizens, no payment is imminent.
A package for a stimulus check has not been approved by Congress.
There wasn’t a package for stimulus relief within Donald Trump’s landmark Big Beautiful Bill.
And, the Senate has since adjourned for the summer and will not return until September 2, scuppering any immediate plans of a stimulus package.
This is despite the fact there have been relief proposals made by lawmakers.
Josh Hawley, a Republican senator, has touted a plan that would see Americans receive individual $600 checks.
This would see a family of four pocket $2,400.
“Americans deserve a tax rebate after four years of Biden policies that have devastated families’ savings and livelihoods,” he said as he unveiled his policy proposal.
But, Hawley’s proposal has to overcome a number of legislative hurdles before it even becomes law.
When a bill is introduced, it is examined by a committee.
A group of lawmakers would scrutinize and potentially amend the bill that was introduced.
The bill would be debated on the floor of the Senate if it’s approved by the committee.
If approved by the Senate, it would then go to the House of Representatives.
Lawmakers in both chambers would need to work out any differences between the two versions of the bill.
Both the House and the Senate would vote on the same bill.
Then, it would end up on the President’s desk.
A president could theoretically veto a bill, but Congress can overrule this.
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