Title: A Second Stimulus Bill Has Reached the Senate: Here Are 3 Reasons It Won't Pass | The Motley Fool
Headings: A Second Stimulus Bill Has Reached the Senate: Here Are 3 Reasons It Won't Pass
A Second Stimulus Bill Has Reached the Senate: Here Are 3 Reasons It Won't Pass
The $3 trillion HEROES Act, which could provide households with a one-time payout of up to $6,000, is facing three virtually insurmountable obstacles.
The CARES Act provided much-needed stimulus -- just not enough of it
Meet the HEROES Act, which has already passed in the House
The three biggest obstacles the HEROES Act will face in the Senate

Content: Image source: Getty Images. Second, there's almost no question there will be a disagreement over noncitizens receiving a HEROES Act stimulus payout. Democrats and Republicans have long-standing ideological differences when it comes to nonresident aliens living in the United States. Even though some of these nonresidents are paying federal tax via a taxpayer identification number, they aren't guaranteed a pathway to citizenship. That makes this component of the HEROES Act one that the GOP will almost certainly reject. Third and finally, it could be difficult to convince Senate Republicans based solely on cost. In April, the Congressional Budget Office estimated that the annual federal deficit would reach $3.7 trillion in fiscal 2020 (ended Sept. 30, 2020). While additional stimulus isn't out of the question, ballooning the deficit by an additional $3 trillion may not be what GOP lawmakers had in mind. To add to this point, Senate Majority Leader Mitch McConnell (R-Ky.)