ECONOMY/FEDERAL FUNDING: “President Trump said Friday [Aug. 14, 2020] that he had directed the Treasury Department to prepare a second round of stimulus checks for American families, but he blamed Democrats for holding up the direct payments…
Both political parties broadly support sending another cash payment of $1,200 for adults and $500 for kids — meaning that a family of four could receive up to $3,400, with the necessary qualifications nearly identical to the first stimulus check…
The high-stakes stalemate over the next rescue bill appears likely to drag on for weeks, possibly into September, putting at risk potentially trillions of dollars in aid amid a pandemic that’s infected more than 5 million and triggered the worst economic downturn in decades.”
-Megan Henney, “Trump says he directed Treasury to prepare second stimulus checks, blames Dems for holdup,” foxnews.com, Aug. 14, 2020