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How a Third Stimulus Check Could Differ From the First and Second Payments

Kiplinger Logo By Rocky Mengle of Kiplinger | Slide 1 of 12: There's no guarantee, but a third stimulus check certainly appears to be on the horizon. Many people thought the second-round $600 checks were too little, too late. As a result, the push for a third round of payments began before the law authorizing the second-round payments was even signed into law. And now that Democrats control both chambers of Congress and the White House, a third stimulus check almost seems inevitable. But there are a lot of open questions about third stimulus checks. For instance, President Biden wants your next stimulus check to be for $1,400, but progressives in Congress haven't given up on $2,000 checks. And how much will you get for your kids? Who will qualify? How will they be calculated? These are just some of the questions that will need to be answered as Congressional Democrats and the president hammer out an agreement that can withstand any Republican opposition.  SEE MORE Third Stimulus Check Update: When Could We Get Another Stimulus Check?  In the end, the next round of stimulus checks could look a lot different than the first two rounds. But while we wait for word from Washington, let's examine a few ways your third stimulus check could differ from the first- and second-round payments. Depending on which way Congress and the new president go, your next stimulus check could be much higher, or much lower, than what you got before.

There's no guarantee, but a third stimulus check certainly appears to be on the horizon. Many people thought the second-round $600 checks were too little, too late. As a result, the push for a third round of payments began before the law authorizing the second-round payments was even signed into law. And now that Democrats control both chambers of Congress and the White House, a third stimulus check almost seems inevitable.

But there are a lot of open questions about third stimulus checks. For instance, President Biden wants your next stimulus check to be for $1,400, but progressives in Congress haven't given up on $2,000 checks. And how much will you get for your kids? Who will qualify? How will they be calculated? These are just some of the questions that will need to be answered as Congressional Democrats and the president hammer out an agreement that can withstand any Republican opposition.

In the end, the next round of stimulus checks could look a lot different than the first two rounds. But while we wait for word from Washington, let's examine a few ways your third stimulus check could differ from the first- and second-round payments. Depending on which way Congress and the new president go, your next stimulus check could be much higher, or much lower, than what you got before.

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