Time is running out for the U.S. government to approve a second coronavirus relief package. So where does that leave Americans anxiously awaiting a second federal stimulus check — the cash payments that were distributed earlier this year? There are signs that a scaled-down deal might be in the works, although the popular stimulus checks may not be part of another round of aid.
Lawmakers could still pass a stimulus bill before the Senate adjourns for its holiday recess on December 18, but most economists believe it’s unlikely to match the $2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law in March and provided $1,200 checks to most Americans.
While there is a reason for optimism for some form of economic stimulus by year-end, the door may be shutting on another round of $1,200 checks — at least until after a new session of…
