THE SECOND round of coronavirus relief could be sent within seven days if the deal is reached and signed by President Trump by this coming Thursday.
While no agreement was made on Friday, Treasury Secretary Steven Mnuchin said the stimulus checks will be sent to Americans much faster than original payments from the CARES Act.
Last week, the Senate discussed providing additional benefits to residents on top of the stimulus checks.
Negotiations between the two parties have slowed to a crawl as Speaker of the House Nancy Pelosi refused to back down over the amount of unemployment relief on offer.
"I think that the number, the $600, is related more to the unemployment rate. If the unemployment goes down, then that number can go down," she told CNN over the weekend.
At his weekly Senate Republican leadership press conference, McConnell was asked about Pelosi's refusal to budge on the newly proposed stimulus package.
"Wherever this thing settles between the president of the United States and his team, who has to sign it into law, and the Democrat, not insignificant minority in the Senate and majority in the House, is something I'm prepared to support," he said.
"Even if I have some problems with certain parts of it."
Despite calling it a "crazy policy" back in May, McConnell's comments appeared to announce a shift in tone towards the package.
"We know this is going to be a negotiated settlement," McConnell continued. "It's not going to produce a kumbaya moment like we had back in March in April where everybody voted aye. But the American people in the end need help."
The Democrats are reportedly refusing to accept anything less than the return of the $600 unemployment checks.
Once an agreement is made, CNET predicts the Internal Revenue Service will use similar calculations to determine who will receive the first round of stimulus checks.
Those who have set up direct deposit, before or after their 2019 tax filing, may be apart of the first group to receive the checks.
Social Security beneficiaries will be next, followed by those receiving paper checks.
According to the Center on Budget and Policy Priorities, those who didn't make enough money into to be required to file a federal income tax return in 2018 and 2019 would not get a coronavirus stimulus check unless they filed a form to the IRS, CNET reported.
In order for the checks to be sent, an agreement must be made and the bill must be signed by Trump.
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