Second Stimulus Check Coming in August, Mnuchin Says, But Many Haven't Received First

Treasury Secretary Steven Mnuchin has promised that a second round of $1,200 stimulus checks will reach most Americans in August, but many people are yet to receive the first.

The next coronavirus relief package is set to be rolled out on Monday, Mnuchin told reporters after he and Mark Meadows, President Donald Trump's acting chief of staff, spent several hours with GOP staff at the Capitol on Saturday.

Mnuchin said the relief package will include another round of $1,200 direct payments, which were first issued to Americans under the $2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act.

According to the Associated Press, Mnuchin said the checks would be based on the same formula as the earlier aid bill.

Under the CARES Act, people making $75,000 or less a year received the full $1,200 while joint filers earning up to $150,000 received $2,400. Additional $500 payments were allocated for each dependent child.

Those making more than $75,000 a year received an amount dependent on their income. People who earn more than $100,000 did not qualify for the payment.

"We'll get the majority of them out in August and those will help people," Mnuchin said.

More than 160 million people received stimulus checks, also known as Economic Impact Payments, under the CARES Act.

But while many Americans started seeing them deposited into the bank accounts soon after Trump signed the bill in March, some say they have yet to receive them four months later.

Texas Rep. Colin Allred wrote on Twitter on Saturday that "too many" of his constituents in North Texas have yet to receive their stimulus checks.

"Too many North Texans still haven't received the stimulus checks they are owed," he wrote. "It's why earlier this month I joined a bipartisan group of colleagues to urge the IRS to make changes so we can help end the delays."

Many took to Twitter to lamented having not receiving their first stimulus check.

Ramsen Shamon, a producer with Politico, tweeted: "I still haven't received the "first" stimulus check."

Ian Simmons Cross added: "Haven't received my first stimulus check, haven't received my SBA grant. This is why I don't f**king rely on the government."

Sema Hernandez shared a video of Mnuchin's remarks on Saturday on Twitter, adding: "My children and I still haven't received a stimulus check. B***h better have my money!"

A report by the Taxpayer Advocate Service (TAS) last month said "many individuals" were still awaiting their payments and could face a delay until 2021.

Those who haven't received their stimulus checks yet can use the Get My Payment tool on the IRS website to track the status of their payment.

If the tool shows your payment was issued, or you received a notice in the mail, but you have not received it, you can request a Payment trace by calling the IRS Economic Impact Payment line at 800-919-9835.

Newsweek has contacted the IRS and Treasury for comment.

Steve Mnuchin
Steven Mnuchin, U.S. Treasury secretary, speaks during a House Small Business Committee hearing on July 17, 2020 in Washington, D.C. Erin Scott-Pool/Getty Images
Second Stimulus Check Coming in August, Mnuchin Says, But Many Haven't Received First | U.S.