Here’s what you need to know.
With 18 days until the presidential election, there’s technically enough time for people to receive another stimulus check, but it’s unlikely to happen.
Speaking to Fox Business, White House economic adviser Larry Kudlow said that even if lawmakers are able to reach a deal, it would be “almost impossible to execute” before November 3. A new package of economic relief is continually evolving as White House officials and Democratic Party leadership negotiate, but one area the two sides agree on is another round of economic impact payments, commonly known as stimulus checks.
Based on a timeline provided by Treasury Secretary Steve Mnuchin in August, there’s still enough time for people to receive a payment before the election. Talking to reporters, he said if a deal is passed on a Monday and stimulus checks are included, he could start “printing them the following week” and issue 50 million payments “really quickly.”