As the U.S. continues to get hammered by the COVID-19 pandemic, bipartisan lawmakers are nearing a new stimulus package that will not include another $1,200 personal check for Americans. 

The initial plan outlines $908 billion in aid, but the package will still need to be passed by congress. 

The proposed plan includes a $300 increase in federal unemployment, a pause on student loans, and a temporary pause on evictions. In addition, the aid will include $16 billion for vaccine development and distribution. 

As the unemployment rate teeters at 6.7%, many Americans will be very disappointed not to get another personal check. 

Most notably, in the first stimulus package passed in March, most individuals making under $75,000 received a personal check for $1,200. In addition, the previous bill offered a $600 increase in federal unemployment, and the entire package was valued at $2 trillion. 

While many may be disappointed with the new bill, the latest package seems to have bipartisan support. 

Democratic Sen. Mark Warner of Virginia told CNN that the package "will give targeted relief for the unemployed; for people in food insecurity; rental assistance; small businesses that have run out of their (Paycheck Protection Program) funds and additional funds to those minority businesses that have been extraordinarily hit hard."

"We put additional assistance in finally for broadband [internet], which we all know is an academic necessity and additional dollars around the vaccine distribution; assistance for hospitals," Warner added. 

Republican Sen. Bill Cassidy of Louisiana also seemed optimistic that the package will pass and told Fox News that the bill will "probably come out early this week.”

"This is not a stimulus bill, it’s a relief bill," he said. "There may be a stimulus check, but that would be part of a different piece of legislation… The pain of the American people is driving this, and I’m optimistic that both of those leaders will come on board," Cassidy added. 

As Cassidy mentioned, a stimulus check for Americans is not totally off the table, but it most likely won't be in the upcoming package. 

Time is running out for policymakers to approve a new stimulus package for the US economy Time is running out for policymakers to approve a new stimulus package for the US economy Photo: AFP / Alex Edelman