A second stimulus package has been in limbo since the U.S. House of Representatives passed the Heroes Act in May, but now Republican leaders indicate that benefits are on the way and could be delivered sooner rather than later.

In an interview with Nexstar reporter Jessi Turnua on Tuesday, President Trump said that a second stimulus package would be ready "very soon."

"We are working with Congress right now. We are working on another stimulus package, which I think will be done very soon."

Earlier this week, Senate Majority Leader Mitch McConnell said he plans to submit his own version of a second stimulus package later this month, adding that the bill will likely include additional payments to individuals. [President Trump had previously claimed that the second round of the stimulus would be "very generous," but McConnell suggested earlier this week that the second round of the stimulus could be limited to Americans earning less than $40,000 a year.

Under the Heroes Act approved by the House, all recipients of the first round of benefits would also receive the second round of stimulus. This includes taxpayers with incomes up to $99,000 (for single taxpayers) and $198,000 (for married taxpayers), with a prorated amount for those earning over $75,000 and $150,000, respectively. Relief for dependents over age 16 and individuals with taxpayer identification numbers will also be extended.

McConnell's proposal may limit benefits to taxpayers earning less than $40,000 per year, but this has not yet been formalized.

To find out how much you could receive from another stimulus package under the Heroes Act, enter your tax information into the Stimulus Check 2 Calculator Try this capped calculator if you believe you are eligible for benefits with the proposed $40,000 income cap

If you are still in the economy, you may be eligible for a tax credit.

If you have not yet received your first stimulus check, there are several ways to get information about the status of your payment: enter your information into the IRS Get My Payment app and set up a stimulus check notification in the USPS Informed Delivery tool, You will be notified when your check or stimulus check debit card is delivered.

You can also call the IRS stimulus check phone number and ask for a representative.