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10/09/2025

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The second round of stimulus checks — part of the deal Democratic and Republican leaders reached on Sunday — could be distributed as early as next week, according to Treasury Secretary Steven Mnuchin.

“People are going to see this money at the beginning of next week. It's very fast,” Mnuchin told CNBC on Monday morning. “This is a very, very fast way of getting money into the economy.”

If the income thresholds are the same as the first round, single adults with income up to $75,000 would get a $600 payment. Married couples with income up to $150,000 would get $1,200. Single parents who file as head of household with income up to $112,500 would get the full $600 check.

The new deal builds on the $748 billion stimulus bill introduced by lawmakers from both parties last Monday and includes provisions both sides support. Also included are another round of the Paycheck Protection Program for small businesses, money for vaccine distribution, and funding for schools, McConnell said.

Other provisions in the $900 billion deal include renewing and extending two federal unemployment programs and an additional weekly payment of $300 as well as $25 billion in rental assistance, an extension of the eviction moratorium, $13 billion in food assistance, and $7 billion to increase access to broadband, Pelosi and Schumer said in their statement.

This post has been updated with new details of the pending legislation.
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