After months of negotiations, lawmakers of both parties agreed on another stimulus package that included direct payments for $600, but an increase demanded by President Donald 2000 was discussed by Congress. Why could the Georgia Senate race determine the fate of $2,000 stimulus checks?
The last days of 2020, House Democrats voted to increase payments to $2000, and Senate Minority Leader Chuck Schumer said he’d try to pass the bill in the Senate on too.
But Senate Majority Leader Mitch McConnell, despite Trump’s support, blocked attempts to move forward with the higher stimulus amounts, and now, it will be up to the 117th Congress to craft its own plan.
This is why the outcome of the two contests for U.S. Senate seats in Georgia, which is set to be decided on Tuesday, could also determine the fate of the $2,000 stimulus checks.
Whether those direct payments get approved or not may come down to who wins the Georgia Senate races, for this will decide which party controls the chamber.
According to CNBC, at a campaign rally Monday in Atlanta, Biden explained the consequences that choice could have on the possibility of $2,000 stimulus checks.
“If you send Jon [Ossoff] and the reverend [Raphael Warnock] to Washington, those $2,000 checks will go out the door, restoring hope and decency for so many people who are struggling right now,” Biden said.
“If you send senators [David] Perdue and [Kelly] Loeffler back to Washington, those checks will never get there,” he added.
President-elect Biden, who is set to take office on January 20, has signaled he supports a third round, calling the $600 checks a “down payment” on future stimulus when he was asked about the possibilities of another direct payment,
According to the IRS website, “if additional legislation is enacted to provide for an additional amount, the Economic Impact Payments that have been issued will be topped up as quickly as possible.”