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Congress Could Cut New Stimulus Checks Soon – Mitch McConnell Wants Fresh Adrenaline Boost For Economy
By Adam Casalino|July 21, 2020
Congress Could Cut New Stimulus Checks Soon – Mitch McConnell Wants Fresh Adrenaline Boost For Economy

What’s Happening:

There has been plenty of debate around the country on whether or not another round of relief checks are needed. As states slowly recover from the COVID panic, some claim that Americans need money to kickstart the economy.

President Trump and other Republican leaders support a plan that will send another round of checks to individual Americans. But as the months passed, it appeared more and more like another pipe dream than a real plan.

But recently, Mitch McConnell has started talking. And he wants a new round of adrenaline for the country:

Senate Majority Leader Mitch McConnell on Tuesday made clear he supports another round of stimulus checks to Americans. The economy needs “another shot of adrenaline” amid the coronavirus pandemic, he said…

McConnell said he supports “another round of direct payments” to Americans – something President Trump and top members of his administration have said they, too, support.

McConnell discussed the need to send another round of checks to Americans, calling it “another shot of adrenaline.”

The administration previously discussed sending checks to help ailing businesses recover after months-long shutdowns. They even mentioned sending larger checks to families as rebates for going on vacations and trips.

The next round of checks might include protections to avoid the mistakes made last time. Reports suggest liability protections will be put in place as well as addressing unemployment insurance in a “proper way.”

Republicans want to make sure those who are collecting unemployment aren’t getting paid to stay home. They are looking at ways of incentivizing people to get back into the workforce, after months of closed businesses.

In order to get this done quickly, they will need to work with Democrats in Congress—something that appears to be a challenge. Democrats have dragged their feet when asked to pass relief bills previously. They have also tried to stuff earlier packages full of pork in the form of bailout funds unrelated to the virus.

But does America need another round of relief checks? The current package will cost another $1 trillion.

As Americans go back to work, will another check turn things around, or will it just burden the country with greater debt—debt our future generations have to shoulder?

Key Takeaways:

  • Mitch McConnell wants to give the economy “adrenaline” in the form of more checks.
  • Republicans have discussed sending out additional funds to encourage Americans to go back to work.
  • A new package is estimated to cost $1 trillion.

Source: Fox News

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Adam Casalino
Adam Casalino is a freelance writer, cartoonist, and graphic designer. He is a regular contributor for the Patriot Journal. Find his other work: www.talesofmaora.com
Adam Casalino is a freelance writer, cartoonist, and graphic designer. He is a regular contributor for the Patriot Journal. Find his other work: www.talesofmaora.com
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