$ 2,000 stimulus checks: update if Democrats control Congress

More coronavirus relief may soon arrive in your bank account after Georgia’s Senate election on Tuesday.

The Democratic Party will kick off 2021 with a trio of government. Following the inauguration on January 20, President-elect Joe Biden will be in the White House and Democrats will control both houses of Congress. In theory, this means that any proposal that enjoys broad party support can become law with relative ease.

Yes, we’re talking about those controversial $ 2,000 stimulus checks.

The IRS is sending a second round of direct payments for $ 600 – a figure many, including current President Donald Trump, have declared insufficient 10 months after the start of a pandemic. Last week the House passed a proposal that would have increased stimulus checks to $ 2,000 per person. However, the Senate, led by Republican Mitch McConnell, refused to vote. The session then ended.

Only a few days have passed, but the situation has changed and a third round of direct payments now seems likely. Here’s what you need to know about how elections in Georgia and the Democratic Trio can affect your stimulus control.

Biden Supports $ 2,000 Stimulus Checks – And Wants Them ‘Coming Out’

At a Monday campaign event in Georgia, Biden supported the number of $ 2,000 in a new round of stimulus checks. He also appeared to promise that the government would act quickly to distribute direct payments if the Senate turned blue.

“The $ 2,000 debate is not an abstract debate in Washington. It is about real lives, your lives,” Biden said. “If you’re like millions of Americans across the country, you need the money, you need the help, and you need it now.”

He continued, “If you send Jon [Ossoff] and the Rev. [Raphael Warnock] in Washington, those $ 2,000 checks will go to the door, bringing hope, decency and honor to so many who are struggling today. “

Georgia election results just finalized

Wednesday, The Associated Press called the elections for Democrats Raphael Warnock and Jon Ossoff, who beat Republicans Kelly Loeffler and David Perdue. (Note: Georgia allows a recount if the margin is 0.5% or less.)

The Senate is now divided, with 50 Democrats and 50 Republicans. Because Vice President-elect Kamala Harris will sever all ties, Democrats have a majority.

The House at 222 Democrats, 211 Republicans and two vacancies.

$ 2,000 stimulus checks are quite popular

Payments of $ 2,000 have become a rallying cry in recent weeks. Although McConnell labeled checks as “socialism for the rich,” lawmakers on both sides of the aisle called on the new 117th Congress to deal with the issue as soon as possible.

Senator Lindsey Graham, RSC, tweeted Friday, “a direct payment of $ 2,000 for individuals and families in difficulty is not socialism … in my opinion, it is necessary in these times in which we live.” Earlier this week, Rep. Hakeem Jeffries, DN.Y., wrote, “New Congress. Same fight. Raise direct payment checks to $ 2,000 per person.” (The now expired proposal the House approved last week – the CASH Act – would also have made dependents eligible for $ 2,000.)

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It seemed more than ever a possibility in light of Georgia’s results. Former presidential candidate Andrew Yang tweeted late Tuesday that “we won both seats” adding that “the first order of the day should be to hand out $ 2,000 cash relief checks to everyone!”

Even so, given the nature of American politics, it is far from a done deal. Stay tuned for updates.

This story has been updated to include the AP’s race call for Ossoff.

More money :

What Democrats’ victory in Georgia means for your wallet

What to do if you have not yet received your second pacing check

9 Reasons Your Second Stimulus Check Didn’t Happen

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