Here's When You Can Expect To Get Your $1,400 Stimulus Check
By Jason Hall
January 21, 2021
More stimulus payments are expected to be coming to Americans, but may not be coming any time soon.
Last week, President Joe Biden announced a $1.9 trillion coronavirus relief plan days before being inaugurated on Wednesday (January 20.) Eligible U.S. residents would receive $1,400 checks, which would supplement the $600 checks that were passed as part of the stopgap spending bill in late 2020 and already sent to many Americans.
Now, the question is when will these checks be approved, sent and received as the package remains a legislative idea and not yet an introduced bill. Yahoo! Life reports that mid-Feburary is the best-case scenario for the legislation to be passed in Congress, but it's more likely to be passed by the end of March, with checks being sent out in April.
Republican legislators are expected to push back on the relief package, which could lower its total value from $2 trillion to $1-1.5 trillion, Heights Securities analyst Hunter Hammond told CBS News.
Though the additional payments have received major support, negotiations over other aspects are the bill are expected to occur and could delay Congress from approving the bill sooner rather than later.
The Democratic majority would need to gain the support of 10 GOP senators to end a filibuster of the bill, or then avoid using a special process known as budget reconciliation, which would require support from 50 Democratic senators and Vice President Kamala Harris, although it could still delay the passage of the bill, Yahoo! Life reports.
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