Goldman Sachs: Additional COVID-19 Stimulus Checks Likely Sent Before the End of the Year

People wait in line to have their hair cut in front of the shop of Barber Karl Manke, who faces two misdemeanor charges for reopening his business despite state shutdown orders in Owosso, Mich., on May 12, 2020. Jeff Kowalsky/AFP via Getty Images

A Goldman Sachs strategist estimated that the next stimulus check sent out to Americans could pay out more than the previous iteration that was sent out in April.

“Our forecast assumes one more round of payments similar to what the bill proposes,” Goldman Sachs strategist Jan Hatzius wrote in a note Wednesday, in reference to the HEROES Act that was put forward by House Democrats earlier in the week.