Next stimulus check may be coming in July

Senators say they are weighing the options, sorting out the details and preparing to send some financial relief to Americans in July.

Credit: John Guccione

Credit: John Guccione

Senators say they are weighing the options, sorting out the details and preparing to send some financial relief to Americans in July.

Senators say they are weighing the options, sorting out the details and preparing to send some financial relief to Americans next month, Savannah TV station WSAV reported.

President Donald Trump indicated he supports the idea.

Senate Majority Leader Mitch McDonnell said if Congress passes another stimulus package, it would happen in July.

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“It is going to happen, it’s just not going to happen yet,” Oklahoma Republican Sen. Jim Inhofe said.

“What you don’t want to do is have a reward given to people who don’t want to work,” he said.

RELATED: Second round of stimulus checks ‘pretty likely,’ Trump adviser says

According to Texas Republican Senator John Cornyn, a payroll tax holiday is also being considered.

“That is a little challenging, because the payroll tax is how we pay for Medicare and Social Security — but that would be a way to get money directly in the hands of people who need the cash,” says Cornyn.

In May, Senior White House economic adviser Kevin Hassett said another phase of stimulus payments is "pretty likely," but not timeline was offered.

Treasury Secretary Steven Mnuchin said they don’t want to rush and have issues like last time, including issues with payment of stimulus checks.

And earlier this week, a government watchdog reported that $1.4 billion in coronavirus relief payments went to dead people.