The incoming Biden administration will be pushing for a third round of stimulus checks – this time for $1,400. But analysts are split on when that money might arrive in your bank account.
Congressional leaders say the stimulus will be their ‘top priority’ and could move forward this week – which could mean checks going out sometime in February if things go smoothly.
However, some analysts think the $2 trillion bill will see a lot of pushback from Republicans, and say it could April – or longer – before the payments are approved.
How important are these stimulus payments for keeping American households afloat? Will another round be necessary even after the $1,400 is approved?