Mnuchin: Stimulus Checks Will Be Sent Out Today, Should Start Arriving In Next 2 Weeks
Even though the Senate is still doing its thing when it comes to the House-passed second COVID stimulus bill, it looks like most Americans will soon be getting some cash from the federal government.
It might be very, very soon.
Here’s the deal, via Fox Business:
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.
Paper checks will begin to be mailed tomorrow. Later this week, you can check the status of your payment at https://t.co/pFBzGzK8mD. (2/2)
— Steven Mnuchin (@stevenmnuchin1) December 29, 2020
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.
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.
So, possibly a $600 check before a $1400 check?