Stimulus check 2 "may be higher" than the $1,200 proposed by the HEALS Act, President Trump said Wednesday

In an interview in Texas with ABC-owned affiliate Yourbasin, President Trump answered several questions about COVID-19, among them whether he was satisfied with the Senate's new stimulus package

"It may actually be higher than that," President Trump said

"I want it to be very high because I love my people Because I love the people"

However, the date of the two stimulus checks is uncertain due to disagreements in Congress over the framework of the HEALS Act

The President's comments on Wednesday suggest that the White House is pushing for larger direct payments to Americans, which could further complicate negotiations on stimulus check 2 and add pressure to pass another coronavirus relief bill before the Senate recesses on August 10

Stimulus measures

The main similarity between the proposed Stimulus Check 2 and Stimulus Check 1 is the $1,200 payment to those who qualify This could change if the President's statement on Wednesday about larger checks is considered in the ongoing stimulus negotiations

For now, the HEALS Act calculator can be used to determine eligibility for stimulus check 2 If you meet the criteria for Stimulus Check 2, the calculator will tell you the amount you can expect to receive if the HEALS Act is passed in its current form

If you are a single taxpayer earning less than $75,000 or a married taxpayer earning less than $150,000, you will receive the full $1,200 This amount decreases as income increases and is phased out for single filers with incomes of $99,000 or more and married filers with incomes of $198,000 or more

What else is included in the new stimulus check 2 bill? Here are some of the key economic measures included in the HEALS Act:

Newly released data suggest that Stimulus Measure 2 is sorely needed at this time: as reported by CNN, the US economy contracted at a 329% annual rate from April to June According to the Bureau of Economic Analysis, this is the worst decline on record,

leaving the US in the midst of its first recession in 11 years and many businesses closed