THE SECOND round of stimulus checks worth up to $6,000 could be decided on this week after Donald Trump called for "larger" payments.
"I want the money getting to people to be larger so they can spend it," the president told Fox Business last week.
"I want the money to get there quickly and in a non-complicated fashion."
The $3 trillion Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act would ensure another round of stimulus payments for most families.
This new legislation is larger than the CARES Act with every family member pocketing $1,200 – including children.
Single taxpayers earning less than $75,000 and married taxpayers earning a combined total of $150,000 would get the payments in full.
A family of four would receive $4,800 if the parents earn less than $150,000 per annum.
The new act capped total payments at $6,000 per family and included all dependents, which is significantly more than the CARES Act offered.
A decision on the stimulus package being passed could come this week.
During an interview with CNBC on Thursday, Mnuchin said he wants the legislation in place by July 20.
"We do support another round of economic impact payments," he said.
"We're discussing the criteria with the Senate, and had a productive talk with Senate Majority Leader Mitch McConnell."
He then went on to say that the Trump administration will work "on a bipartisan basis with Republicans and Democrats" on passing the bill.
Mnuchin also labeled the check legislation a "priority" to have passed in the next ten days.
Congress resumes on July 20, but goes on recess again from August 10 to September 7.
That leaves a window of 15 working days between the July and August recesses for Congress to give the green light on another check.
Mnuchin, the lead White House negotiator on the first package, explained last week that he's "having conversations with certain members of Democrats and Republicans to get ideas."
"Our position is that legal Americans — American citizens — should get the payments. That's our focus," he said.
"If people are here illegally, they're not going to get economic payments."
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