RonZeplin
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In a new interview, President Trump has clarified his support for new stimulus checks, adding that he wants them to be bigger than the first round of payments. Image source: Shutterstock
- President Trump not only wants most Americans to get a new stimulus check — he wants the payments to generally be bigger than they were the first time around.
- The first payments were generally $1,200 for individuals and $2,400 for married couples, funded by a $2.2 trillion coronavirus relief legislative package Congress passed at the end of March.
- President Trump also said in a new interview he wants new checks to go out more quickly than they did before.
A little more than a week after a reporter first got President Trump to go on the record confirming his support for new stimulus checks to offset some of the financial damage of the lingering coronavirus pandemic, the president has reiterated his support for a new round of direct payments to Americans in addition to clarifying what his support means.
For one thing, he wants the new stimulus checks to be bigger this time around. That’s what he told Fox Business, in a new interview, adding that he also wants the checks to be disbursed more quickly than they were the first time around — when the IRS sent them out in waves and some people had to wait a few months to receive their payment.
“I support actually larger numbers than the Democrats, but it’s got to be done properly,” Trump told the cable network. “I want the money getting to people to be larger so they can spend it. I want the money to get there quickly and in a non-complicated fashion.”
One of the reasons the president may be talking this up again now is the fact that a looming expiration of one particular stimulus-related benefit is coming up later this month. At the end of July, a $600 increase in unemployment benefits funded by the $2.2 trillion CARES Act that Congress passed at the end of March is set to expire, that being a specific benefit that Republicans have criticized as giving people a disincentive to try to find a new job.
One important thing to note about the expiration of that benefit, though, is that if you need it, you may actually be able to get the increased funding retroactively.
https://bgr.com/2020/07/02/new-stimulus-check-president-trump-supports-new-coronavirus-payments/