Senate Majority Leader Mitch McConnell (R-Ky.) said there will be a fourth stimulus package drafted by Congress, but this time, it will focus on healthcare amid the COVID-19 pandemic.
McConnell noted there were shortcomings in the third stimulus bill, and the fourth would also try to address them.
His remarks came after House Speaker Nancy Pelosi (D-Calif.) also suggested the next CCP virus bill should build on the previous bills rather than Democratic-favored infrastructure projects.
The GOP Senate leader indicated in a separate Twitter post that Republicans are now trying to implement the third package, known as the CARES Act.
On Thursday night, Treasury Secretary Steven Mnuchin said the first round of stimulus checks will be deposited within two weeks.
“I told you it would be three weeks, now I’m telling you it will be two weeks,” Mnuchin said during a briefing at the White House on Thursday night. “It is not going to take five weeks; I’m assuring the American public. They need the money now.”
Mnuchin added in the press conference that the IRS would prefer to deposit the stimulus money directly into Americans’ bank accounts instead of sending a check in the mail as the CCP virus continues to spread in the United States.
“We can process a lot of checks, but we don’t want to send checks in this environment,” he told reporters. “We want to put the money directly into people’s accounts.”