U.S. Treasury Secretary Steven Mnuchin said on Tuesday that American households should expect to receive their economic impact payments very soon.
Mnuchin said the government would begin sending out paper checks on Wednesday, which means people should begin receiving those within the next two weeks.
https://www.foxbusiness.com/politics/second-stimulus-check-will-arrive
Individuals with direct deposit information on file with the IRS will receive their money even quicker – beginning on Tuesday night for some and continuing into next week.
“Treasury and the IRS are working with unprecedented speed to issue a second round of Economic Impact Payments to eligible Americans and their families,” Mnuchin said in a statement. “These payments are an integral part of our commitment to providing vital additional economic relief to the American people during this unprecedented time.”
Recipients can use the IRS’ track my payment tool to check the status of their funds. The vast majority of eligible households will not need to take any action in order to receive their payments.
As it currently stands, the checks will be for $600 – although lawmakers are in the midst of considering legislation that would more than double that amount.
The House of Representatives on Monday passed standalone legislation that would increase the economic impact payments to $2,000, from $600 – a policy that President Trump has very publicly supported.
Other Republicans – with an eye on the ballooning federal deficit – are hesitant to increase spending, rendering the measure’s chances of passing the GOP-controlled Senate uncertain.
Under the CARES Act, which passed earlier this year, eligible Americans received $1,200 checks – or $2,400 for married couples.
Individuals earning up to $75,000, or $150,000 for married couples, are eligible for the second round of direct payments. Households are eligible for an additional $600 per qualifying child.
Beyond those income thresholds, the payments would begin to phase out at a rate of $5 per $100 of additional income.
Individuals earning more than $87,000 and married couples earning more than $174,000 are ineligible for payments.
Credit: Fox News
How? They did not pass the bill in the Senate yet.
Mel Lissa they will give the 600 now and then the other 1400 if/when it passes
Andrea Galvao ok, thanks
Mel Lissa trump signed the bill Monday for 600,what there doing in the senate now is pretty much a dead deal!!
Gregory Pallino yeh just to shut the people up
Peggy Brednich Belavich yep pretty much!!
Mel Lissa prob getting your 600 for now
Mel Lissa I’m confused ????♀️
Mel Lissa president Trump already signed the 600.00 stimulus package
Mel Lissa ikr
Mel Lissa um the 600 passed the 2000 failed the Senate
Patrick Healey well that would be convenient ????
Chelsea Kearney
Whooo hooo
Denise San Fillippo
Courtney Durer
Got mine
Paul Yager did u realy ?
Paul Yager nice
If you have Bank of America you’re be first
Diana Wall why ?
so this is you $600.00- this is Pakistan $1000000×10.. hows that work
Peter Miller
Gender studies first
They have no intention
Alice Steel Chandler MINE WILL BE AVAILABLE IN MY ACCOUNT ON THE 4TH OF JANUARY. THIS COMING MONDAY
Only 600$ tho. I read another article a little bit ago that we could still be seeing a 2000$ stimulus check
Peter Miller prob not in this congress session
Which ends in 5 days
Anthony Guido Possibly. Tomorrow the senate is supposedly re-evaluating the bill and might be re-voting on it
Yeah but need 2/3 vote
Anthony Guido well, lets see what happens
Term limits is a bill that needs to be passed
Anthony Guido Yeah. Hopefully Trump gets on that in his 2nd term. Next week will determine that.
Anthony Guido Amen to that!!
Didn’t get mine and my boyfriend did t get his either and he has Bank of America
What’s a stimulus check
Mark Garahan Google
Mark Garahan It is the gov’t giving you some of your money back. They expect you to stay home and not go out and live on the money they gave you. You made it 8 months with $1200 so with $2000 you should be good for about 2 years.
Steve Gruber hahaha I got nothing from the then and have worked everyday of this bs
What are we getting this time? $250?
Raymond DiBernardo a roll of pennies…….
Nick Pastafagioli penny shortage lol
Alexa Hyman
They said the 2000 dollar one got blocked by Mitch McConnell
Lacie Soden Yet again
Fake news
Ryan Turr NOPE! CHECK YOUR BANK ESPECIALLY IF YOU HAVE DIRECT DEPOSIT. I WAS SUBLET CHECKING WHEN MY REGULAR CHECKS WEIRD BE AVAILABLE AND IT ALSO SAID THAT$600 WEEKS BE AVAILABLE IN THE 4THV WHICH IS THIS COMING MONDAY
WHY ARE YOU YELLING
Ryan Turr got mine already so what part is fake?
Bryan Stackhouse
Well I can let all of you know it is not there ????????????
The vote is Wednesday.
Exactly, this scammer news is a joke
Reggie Bland
Ocean County Scanner News you should do more than 2 seconds of research on the topic before forwarding a post.
Reggie Bland umm reggie I got mine deposited about 4 hrs ago so maybe you need to research a bit.
Next stimulus check is $40 kohl’s cash and a pizza party if we behave
Never got the first stimulus check ????????♂️
The IRS refund system is down for maintenance until 1/4/2021. No one will be getting anything until then. Go to the IRS site and check.
Harold Draken I got mine a few hours ago so…
If you receive SS call your card and it will inform you of pending deposits mine is due to hit on the 4th
Frankie Hoag
this was blocked on Wednesday no stimulus $$$
Christine Crippen the $2000 was blocked. The $600 is coming.
$600 is coming and if the $2000 passes then a second deposit of $1400 will come
Wow! I can’t believe how many people in Ocean Co have no clue what’s going on in the world ????????♀️????????♀️????????♀️????????♀️????????♀️????????♀️????????♀️
Laura Michelle right?
600 is a pretty decent kick in the balls to anyone who actually needs the money
Jim Oelfke yup ????????♂️. This guy looks like he can kick
I think starting with sending $600.00
What we needed was a tax exemption for all of the unemployment benefits, and another tax break for those who worked thru the pandemic, and another tax break for essential medical workers. Instead, you’ll be getting tax INCREASES. Which is no surprise, you voted for tax increases in November. The 600 doesnt even begin to solve anything.