Stimulus Bill and Checks Not Likely to Arrive Before Biden Takes Office
Dec 05, 2020 39 secs
Another round of economic stimulus may have to wait until former Vice President Joe Biden takes office in January as deadlock in Congress continues and the Senate heads for its holiday recess.

It's still possible for Congress to pass a stimulus bill before the Senate adjourns on December 18 but any bill agreed between Republicans and Democrats is unlikely to match the $2.2 trillion in stimulus passed in the Coronavirus Aid, Relief and Economic Security (CARES) Act in March.

Even if a new stimulus bill is passed, a second round of $1200 checks may be off the table until Biden assumes office on January 20.

The Trump administration has indicated that it's not in a rush on COVID-19 stimulus and with President Donald Trump due to leave office, the task may be left to Biden.


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