The Senate passed the $2 trillion coronavirus stimulus package with a 96-0 vote to provide Americans with some financial relief. The House of Representatives is likely to agree, as well, on Friday.
On Thursday afternoon, Treasury Secretary Steven Mnuchin made a big announcement about when people can expect to see some $$$.
Treasury Secretary Steven Mnuchin said Thursday that people will start getting relief checks within three weeks, as the country reels from the coronavirus pandemic.
The massive relief bill offers direct cash payments of up to $1,200 for individuals and $2,400 for couples, with $500 added for every child, based on 2019 tax returns for those who filed them and 2018 information if they have not. The benefit begins to phase out for individuals making $75,000 in income and ends completely for those making $99,000 or more.
Mnuchin noted, “Most of these will be direct deposit. It will be within three weeks.“
And here’s more COVID-19 randomness, via Twitter…
CNBC’s Jim Cramer applauds President Trump, Sec. Steven Mnuchin for relief bill that is “very much about” helping small businesses and workers: "you delivered, it goes to the people"https://t.co/AVK18ykCQj pic.twitter.com/aR5K5Z9QsB
— RNC Research (@RNCResearch) March 26, 2020
MNUCHIN: High jobless numbers right now “are not relevant.” He says biz will rehire due to the bill Congress is passing, hopefully.
— Jake Sherman (@JakeSherman) March 26, 2020
NYPD officers patrol Manhattan's Carl Schurz Park, overlooking the East River, reminding everyone to "to keep a safe distance of 6 feet from others in public places to reduce the spread of the coronavirus." https://t.co/cqVJE8vHDX pic.twitter.com/BhBTV7V9sW
— ABC News (@ABC) March 27, 2020
Even chocolate bunnies are wearing face masks in the time of coronavirus. pic.twitter.com/8Yvn0P26LL
— SBS Australia (@SBS) March 27, 2020
— SaharaTV (@SaharaTV1) March 26, 2020
WATCH: Baton wielding police punish Indian citizens who are caught defying the country's coronavirus lockdown pic.twitter.com/dslMcZsalD
— CBS News (@CBSNews) March 26, 2020
— Chuck Woolery (@chuckwoolery) March 27, 2020
— RT (@RT_com) March 27, 2020
Taylor Swift stuns struggling fans with gifts of $3,000 amid coronavirus crisis https://t.co/9mFdF0K1TT
— TODAY with Hoda & Jenna (@HodaAndJenna) March 27, 2020