Republican Plan Would Send More $1,200 Stimulus Checks in August

Mnuchin says proposal mirrors earlier stimulus payments
IRS could quickly send millions of payments to recipients

Mnuchin Says Payroll Tax Cut Won't Be in Next Round of Stimulus

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By Laura Davison and Laura Litvan

July 23, 2020 at 3:58 PM UTC

Updated on

July 23, 2020 at 5:56 PM UTC

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The 160 million Americans who got stimulus checks earlier this year would get another payment as soon as next month under a plan being negotiated by Treasury Secretary Steven Mnuchin and Senate Majority Leader Mitch McConnell.

“Our proposal is the exact same provision as last time,” Mnuchin told reporters Thursday as he and congressional Republicans work to finalize a series of stimulus bills that will form the counteroffer to a plan from Democrats.