A Second Round of Stimulus Checks may be on the way

A Second Round of Stimulus Checks may be on the way

Unemployment unemployment numbers in the us are staggering.

But help may be on the way.

The house recently passed a bill detailing a second round of stimulus checks for americans.

News 10's dominic miranda spoke with a local expert.

He joins us now with more on where politicians differ on what this second round may include.

Pk} at 5, i told you what all is being proposed as part of the heroes act.... or the second round of a stimulus package.

I spoke with economics professor dr. bob guell of indiana state.

He gave me some insight as to where politicians are disagreeing on what should be included in this 2nd package.

V} dr. guell tells me what was passed through the house was essentially a democrat wishlist.

Republicans would rather have a $1 trillion cap rather than spending $3 trillion this time around.

The main disagreement is unemployment benefits.

Republicans are against the extension of the $600 federal unemployment insurance add on to the end of the year.

Right now, guell says this is basically incentivizing the unemployed to stay at home, because they are making more money this way.

He also says, there is a political leadership battle that plays in to this as well with an election coming up this november.

He believes there will be another round of stimulus payments.... but politics may come into play.

So} dr. bob guell economics professor, isu "if they think they can get more benefit out of the political appearances than the actual economic impact, they'll vote no just to vote no."

Do} president trump has said he would like to see how the reopening process goes before making any decisions on another stimulus package.

Overall, guell says there's a very good chance we see a second round in the near future.

It will just depend on compromise and the unemployment decisions.

In terre haute, i'm dominic miranda news 10.