• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Financestimulus

$1,400 stimulus checks are now one step closer to passing

By
Lance Lambert
Lance Lambert
and
Anne Sraders
Anne Sraders
Down Arrow Button Icon
By
Lance Lambert
Lance Lambert
and
Anne Sraders
Anne Sraders
Down Arrow Button Icon
February 3, 2021, 10:50 AM ET

Moving a big stimulus package through the Democratic-controlled House is the easy part. The Senate is where things get tricky.

That’s why House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer having initiated the reconciliation process this week is a critical step for Democrats if they plan to push through a bill similar to President Joe Biden’s $1.9 trillion relief proposal. Biden’s plan would send most Americans a $1,400 stimulus check.

Normally to pass legislation in the Senate it requires 60 votes to bypass a filibuster from the opposition. But in a 50-50 split Senate chamber—where many Republicans are already voicing opposition to Biden’s proposal—getting 60 votes is unlikely. However, Democrats can bypass the filibuster if they use a procedure called budget reconciliation. Budget reconciliation is a process first established in 1974 that allows certain bills related to things like spending and debt to pass quickly in Congress merely with a majority. It’s what Republicans used in 2017 to pass their tax cuts without Democratic support.

Even if Republicans oppose Biden’s proposal, Democrats could still move to pass their package if they use reconciliation and all 50 Democratic senators vote for the economic aid bill. Then it would require Vice President Kamala Harris’s tiebreaking vote to send it to Biden’s desk.

Still, as Democrats are moving forward with the reconciliation process, a group of 10 Republican senators released a $618 billion relief proposal on Monday, which includes a $1,000 stimulus check—smaller than the $1,400 checks pushed being pushed by the White House. Though Democrats appear set on larger checks like the $1,400 in Biden’s plan, the White House is open to lowering the income thresholds for this round, the Washington Post reported.

Biden met with some of those Senate Republicans this week, but doubled down on his plans to go for a large package—even if it means not having GOP backing. He plans to meet with Senate Democrats on Wednesday to discuss the package.

The fact Democratic leaders have already started the process to use reconciliation makes it clear Democratic leadership plans to push for a large relief bill—including items like state and local government funding, which many Republicans have previously opposed (and omitted from their recent proposal). It’s likely the $1.9 trillion package proposed by Biden will be used as the framework for the final package. Still, whatever bill Democrats put on the floor will likely need every Democratic vote, including that of moderates like Sen. Joe Manchin of West Virginia.

While Democrats hope to pass something in the coming weeks, the timetable is uncertain. If a deal does come, the Treasury Department would likely follow the same timeline as the December 2020 package and get those stimulus checks deposited just a few days after the legislation passes.

About the Authors
By Lance LambertFormer Real Estate Editor
Twitter icon

Lance Lambert is a former Fortune editor who contributes to the Fortune Analytics newsletter.

See full bioRight Arrow Button Icon
Anne Sraders
By Anne Sraders
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Current price of Bitcoin for April 2, 2026
Personal FinanceCryptocurrency
Current price of Bitcoin for April 2, 2026
By Joseph HostetlerApril 2, 2026
7 minutes ago
Current price of gold as of April 2, 2026
Personal Financegold prices
Current price of gold as of April 2, 2026
By Danny BakstApril 2, 2026
25 minutes ago
Current price of oil as of April 2, 2026
Personal FinanceOil
Current price of oil as of April 2, 2026
By Joseph HostetlerApril 2, 2026
30 minutes ago
Current price of silver as of Thursday, April 2, 2026
Personal Financesilver
Current price of silver as of Thursday, April 2, 2026
By Joseph HostetlerApril 2, 2026
42 minutes ago
wyle
CommentaryTV
What HBO’s ‘The Pitt’ gets right—and wrong—about treating alcohol use disorder
By Jonathan Hunt-GlassmanApril 2, 2026
1 hour ago
nic
CommentaryInsider trading
Prediction markets caught insider traders in real time. Congress wants to shut them down anyway
By Nic PuckrinApril 2, 2026
2 hours ago

Most Popular

Gen Z fled San Francisco for Texas and Florida. Now they're turning 'welcomer cities' into the next big tech towns
Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they're turning 'welcomer cities' into the next big tech towns
By Fortune EditorsApril 2, 2026
8 hours ago
Current price of gold as of April 1, 2026
Personal Finance
Current price of gold as of April 1, 2026
By Fortune EditorsApril 1, 2026
1 day ago
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
Success
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
By Fortune EditorsMarch 31, 2026
2 days ago
Current price of oil as of April 1, 2026
Personal Finance
Current price of oil as of April 1, 2026
By Fortune EditorsApril 1, 2026
1 day ago
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
Economy
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
By Fortune EditorsMarch 30, 2026
3 days ago
2 years after Musk challenged Zuckerberg to a cage match, they were texting about DOGE and a joint OpenAI bid, court records reveal
Law
2 years after Musk challenged Zuckerberg to a cage match, they were texting about DOGE and a joint OpenAI bid, court records reveal
By Fortune EditorsMarch 31, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.