Senate Majority Mitch McConnell (R-KY) wants to target about $1.3 trillion for the next stimulus bill. This amount is substantially less than the $3 trillion Heroes Act that House Democrats passed, and the $2 trillion stimulus amount that President Donald Trump is targeting. Trump also said he wants a larger second stimulus check than Democrats support, which runs contrary to Kudlow’s comments.
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In the Heroes Act, House Democrats proposed a $1,200 second stimulus check and $1,200 for each dependent, with a maximum of three dependents. The delta between Democrats and Republicans on second stimulus checks and other issues ultimately may be narrowed, but some in Washington are concerned that the next stimulus deal could fall apart. This is not the first time that Kudlow said second stimulus checks would be narrowly tailored. For example, Kudlow told Fox Business last month that second stimulus checks could focus on those who lost their jobs and need the most financial assistance. However, the size of the second round of stimulus checks is not the only potential limitation.
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