Inflation might have soared to a 40-year high, and a panicky Federal Reserve may be set to keep jacking up interest rates — but the federal government still seems to have every intention of sending out more stimulus checks to “millions” of Americans. That’s according to US Government Accountability Office, which has just put out …
As much as the Biden administration would like to start them back up again, federal stimulus checks dried up months ago on account of a lack of congressional support. Floridians, meanwhile, are in the process of getting surprise $450 checks in the mail, thanks to a budget signed by Florida Gov. Ron DeSantis that included …
Stimulus checks offered a powerful economic lifeline to millions of Americans over the last couple of years. Especially in 2021, the second full year of the Covid pandemic, over the course of which the federal government sent out more than half a dozen stimulus checks. Tens of millions of families got a share of those …
California Gov. Gavin Newsom told reporters in recent days that a new round of Golden State Stimulus checks will “likely” be part of a May revision to his state budget proposal. That’s big news because Californians already benefited from one of the largest stimulus check efforts separate from the federal government’s. “We expect in the …
President Biden and Democrats in Congress are still deep in negotiations over the White House’s mega-ambitious Build Back Better domestic agenda, paring back the price tag of that agenda’s huge social spending bill by jettisoning features opposed by a couple of holdout Senate Democrats. One victim of the backdoor dealmaking? The popular child tax credit …
Less than a month ago, we laid out in detail the reasoning around why we think fourth stimulus checks aren’t happening anytime soon. And definitely not happening this year. If, and it’s a big if, one does end up coming to fruition at some point in the back half of 2021, however, we’ll at least …
Over the past twelve months, tens of millions of Americans have received three stimulus checks from the government to help them through the novel coronavirus pandemic. Studies have shown those payments had a pronounced impact on the economy, keeping countless families afloat that might have otherwise fallen into poverty. With over 25% of the US …
On Thursday, during his first press conference since taken office, President Joe Biden announced that more than 100 million stimulus checks had been delivered to eligible Americans. Biden signed the $1.9 trillion American Rescue Plan into law on March 11th, and by March 17th, approximately 90 million payments had been disbursed, according to the Internal …
Weeks before President Biden was sworn in, he promised to get another round of stimulus checks out “immediately” when he took office. That turned out to be more difficult than he expected, but on Thursday, March 11th, Biden finally signed the $1.9 trillion American Rescue Plan Act of 2021 into law, approving $1,400 Economic Impact …
President Joe Biden signed the $1.9 trillion American Rescue Plan Act of 2021 into law on Thursday, March 11th, and while some of the $1,400 stimulus checks approved by the bill began hitting bank accounts as early as last Friday, the vast majority of eligible Americans received their payments on Wednesday, March 17th. In fact, …
