Sorry, That Second Stimulus Check Isn’t Coming Anytime Soon

There's been a lot of speculation about when or if Americans will receive a second check as part of the coronavirus relief efforts. Unfortunately, it doesn't look like we'll be getting them any time soon.

All of the talks regarding payments during the coronavirus pandemic have been paused. Although members of Congress agreed a second check is necessary, they are failing to reach an agreement about what will actually be offered.

Negotiations on a second stimulus check has been ongoing since May. There were reports of a deal allegedly being reached by the first few weeks in August so the bill could pass this before Congress went on recess. That didn't happen.

Most lawmakers have returned to their home states even though Congress' August recess was put on hold. And it seems they aren't eager to get back to the negotiations any time soon. House Speaker Nancy Pelosi, said on Wednesday they are “miles apart” in negotiations and it's unclear as to when they may continue.

According to CNBC, the next set of payments would probably start arriving in September at the earliest.

President Trump did sign four new executive orders regarding unemployment benefits, potential relief for renters, student loan payment deferrals and a payroll tax holiday for workers. He did not include stimulus checks, though he has said he supports them.

The good news is the checks will definitely be coming. We just don't know when.