Weeks have passed but lawmakers in the U.S. still have not yet reached an agreement regarding a second stimulus package. One out of five Americans believes that the Congress will never reach a deal, and instead, underpin further spending to lessen the implications of the coronavirus pandemic on the country's economy.

According to a report, several proposals have been laid out by both sides in hopes of reaching an action plan but such attempts to complete negotiations have proven futile as Democrats and Republicans continue to have differing views on the amount of the next stimulus package.

A poll conducted by YouGov/The Economist last week found that 20 percent of 1,500 Americans are pessimistic about the second stimulus bill due to the current disagreements of both parties. Others who formed part of the said sample size were, however, optimistic that an agreement could be reached with more Americans anticipating that another package would be passed in the next one to two months. 

The Heroes Act - which is intended to supplement the earlier Cares Act and is amounting to around $3 trillion - is continually being pushed by Democrats while the GOP moved to highlight that the proposal should be kept around $1 trillion. 

Speaker of the U.S. House of Representatives Nancy Pelosi and Senate Minority Leader Charles Schumer have engaged in comprehensive negotiations with Treasury Secretary Steve Mnuchin and White House Chief of Staff Mark Meadows during the first week of August. However, such has not yet been concluded due to the intricate details which they have yet to agree upon. 

Reportedly, Democrats said they could agree to a lowered $2 trillion budget, although Republicans remained firm on their $1 trillion stimuli spend. 

The White House cited that they could proceed with plans that have been agreed with by both sides of the Congress whilst re-tackling issues that have not yet reached an accord. This suggestion did not receive any negative reactions from both parties. 

Pelosi said during a Monday interview with the MSNBC that the government should put in the amount of money needed to crush the coronavirus. Similarly, President Donald Trump has signed several orders to pass the second stimulus bill, however, many said the said orders would not be enough to get the Congress to concur.

And since most lawmakers have left the city for the August recess, some experts say that the earliest date for the stimulus package to reach agreements would only be after Sept. 7.

With more than 5.7 million infections recorded in the country, thousands of Americans have been left unemployed -inevitably depleting their savings. As such, more have expressed their desire for another round of stimulus checks to support their daily outgoings. 

Representation Image An unidentified New York bank's employee, who has been arrested for defrauding the bank of US$1.7 million over 12 years, pleaded guilty to bank fraud and other charges on Monday, June 28. This is a representational image. Photo by Viacheslav Bublyk on Unsplash