President Trump spoke about the prospect of another stimulus package

President Trump spoke about the prospect of another stimulus package with Joe St. George, National Political Editor & Washington Correspondent for Scripps. 

Below is the transcript of the conversation in the video:

Joe St. George: there are a lot of people viewing this program from Ohio, Florida, Wisconsin, Michigan. Many of these people are still struggling economically, sir. They spent all of that first stimulus check, are you going to get them a second stimulus check?

President Trump: Yeah, we are. We are. Look we had this—

Joe St. George: When? When are you going to get it?

President Trump: Before the outbreak of the coronavirus, we had things going better than anybody’s ever seen before. We had the best job numbers, the best economics, the best economy we’ve ever had, and then we had the virus come in from China. With the effect of the virus on everything, we’re rebuilding it again. Another stimulus package will be given. It’ll be very good, it’ll be very generous, and people—

Joe St. George: How much? People want to know.

President Trump: You’ll find out about it. You’ll find out…

Before this conversation with the president, the chances of getting any stimulus is slim. This is the first time the President would make mention of another stimulus package for the people. Up until now, all of his public statements have all been in support of a stimulus tied to work. They include “back to work” bonuses, payroll tax waivers, and even a tax deduction for domestic tourism. None of his statements reveal that the stimulus would have wide coverage. 

As in May when the economy was weaker than it is today, President Trump only revealed that there was “no rush” on the next stimulus package. Although it doesn't appear to be any rush, it seems like we’re now on track for a package to be discussed and deliberated in the Senate when it returns in late July.

"Some lawmakers have said that they don’t like the idea of another stimulus check because it is so expensive. Some have said they dislike the idea of paying people more to not work, citing the unemployment benefits included in the Cares Act. These all seem like headwinds against future broadly distributed stimulus checks."