WASHINGTON - As Congress continues to debate over details concerning a possible second economic stimulus check many Americans say they already know what they would use those potential funds for.
According to a new report, most American would use a second payment to support their home finances.
A new Yahoo Finance-Harris Poll survey says:
53 percent would pay bills
43 percent would pay for essentials
39 percent would put into savings
30 percent would pay rent or mortgage
22 percent would but holiday gifts
COVID-19 lockdowns have been reinstated across the U.S. and businesses are being forced to shut back down heading into the holidays amid a crippled economy.
In March, President Donald Trump signed into law the $2.2 trillion CARES Act, which sent one-time payments of up to $1,200 to Americans earning less than $99,000. Three weeks later, on April 15, the IRS began distributing the money to tens of millions of Americans via direct deposit.
The Associated Press contributed to this report