U.S. President Donald Trump speaks during a meeting with Republican members of Congress in the State Dining Room at the White House in Washington, U.S., May 8, 2020.
Tom Brenner | Reuters
President Donald Trump is reportedly considering another way to get more money to struggling Americans by letting them take an advance on their Social Security benefits.
Many Americans are eager for more financial help from the effects of the coronavirus as the government wraps up sending millions of $1,200 checks to individuals who qualify.
However, some Republican lawmakers are digging in their heels at the thought of sending more money, due to the high price tag.
The Trump administration is said to be considering prepaying Social Security retirement benefits to workers before they are eligible, according to The Washington Post. Generally, workers have to be at least 62 and have worked and paid into the system for at least 10 years in order to collect benefits.
More from Personal Finance: