Republican Plan Would Send More $1,200 Stimulus Checks in August

The 160 million Americans who got stimulus checks earlier this year would get another payment as soon as next month under a plan being negotiated by Treasury Secretary Steven Mnuchin and Senate Majority Leader Mitch McConnell.

“Our proposal is the exact same provision as last time,” Mnuchin told reporters Thursday as he and congressional Republicans work to finalize a series of stimulus bills that will form the counteroffer to a plan from Democrats.

That would mean individuals earning up to $75,000 would receive a $1,200 payment for themselves and $500 for their dependent children. Couples earning up to $150,000 ...