As discussions swirl of a second stimulus check, there could be a new, “larger” payment on the horizon.
In a new interview, President Trump said that a "larger" economic payment has his support, as long as it's “done properly.”
Trump spoke with FOX Business’ Blake Burman and explained that he supports a bigger economic payment than the original $1,200, paid out by the CARES Act.
“I support actually larger numbers than the Democrats, but it’s got to be done properly,” Trump said. “I want the money getting to people to be larger so they can spend it. I want the money to get there quickly and in a noncomplicated fashion," he said.
He also believes that another stimulus would create "great incentive to work," referring to the extra weekly $600 federal unemployment benefit that was also a part of the CARES Act.
FOX notes the administration previously backed a “back-to-work bonus” that would incentivize individuals to reenter the marketplace. Republicans have criticized the measure as they believe it will deter unemployed individuals for seeking out new employment opportunities.
The President’s comments come just a week after he revealed the prospects for a second stimulus package is strong.
On Monday, Trump was asked whether he will give taxpayers a second round of COVID-19 relief checks to which he replied: “yeah, we are.”
While Trump didn’t specify the amount that Americans can expect — “You’ll find out about it. You’ll find out,” he said when asked — he did say that the second wave of stimulus relief would be “very generous.”
“We will be doing another stimulus package,” he clarified. “It’ll be very good. It’ll be very generous.”
A White House official told NBC that another round of payments to the American people is “part of something the economic team is studying,” but clarified that “no decisions made yet.”
“I think we’re working on something that’s going to be very dramatic, very good,” Trump told Nexstar on Wednesday. “I think we are looking at a Phase 4. Phase 1, 2 and 3 have been fantastic for people, generally…small business owners, also. But we’re looking at doing something else in addition.”
In May, House Democrats narrowly passed the HEROES Act, an extensive 1,800-page bill that would offer a second round of checks to the tune of $1,200 per person and up to $6,000 per family, but has been met with resistance from the Republican-controlled Senate.