Important Updates on Stimulus Checks Released By IRS

- Advertisement -
- Advertisement -

(TheConservativeNews.org) – Last month, President Joe Biden signed a $1.9-trillion COVID-19 package into law. Senate Democrats, somewhat controversially, used the budget reconciliation loophole to push the bill past the legislative filibuster and onto the president’s desk. On Wednesday, April 7, the Treasury Department gave us an update on how this money is being spent. 

According to the announcement, the IRS has distributed 156 million direct payments, sending $36 billion to 25 million households, since the legislation passed. The most recent round of payments started arriving on Wednesday. Most recipients at this point are beneficiaries of federal assistance programs like Social Security.

The legislation provides $372 billion overall for direct relief payments. It’s the third bill of this kind; former President Donald Trump signed two relief packages last year.

These payments have suffered significant delays since the bill passed into law, with administrative issues at the Social Security Administration holding up relief for weeks for millions of Americans. It’s good to see things are now running more smoothly.

Copyright 2021, TheConservativeNews.org

- Advertisement -

Latest news

Plane Evacuated After Passengers Received Threatening Messages

(TheConservativeNews.org) - Ever since the events of September 11, 2001, the entire world has had a heightened sense of awareness around security...
- Advertisement -

New Bill Targets Illegal Migrant Workers

(TheConservativeNews.org) - The crisis on our southwest border is beginning to have ramifications for states across the country. While unprecedented numbers of...

Condo Collapse Families to Receive Massive Initial Compensation

(TheConservativeNews.org) - On June 24, one of America's worst tragedies in recent memory struck Miami. A 12-story oceanfront condominium built in the...

US and Russia Getting Close to Dangerous Confrontation

(TheConservativeNews.org) - It appears Russia is growing more hostile towards the United States. On Wednesday, July 21, Foreign Minister Sergey Lavrov conducted...
- Advertisement -

Related news

Plane Evacuated After Passengers Received Threatening Messages

(TheConservativeNews.org) - Ever since the events of September 11, 2001, the entire world has had a heightened sense of awareness around security...

New Bill Targets Illegal Migrant Workers

(TheConservativeNews.org) - The crisis on our southwest border is beginning to have ramifications for states across the country. While unprecedented numbers of...

US and Russia Getting Close to Dangerous Confrontation

(TheConservativeNews.org) - It appears Russia is growing more hostile towards the United States. On Wednesday, July 21, Foreign Minister Sergey Lavrov conducted...

Man Charged Over Nutty Heist

(TheConservativeNews.org) - California is the United States’ leading producer of tree nuts. The climate in the Golden State makes it ideal for...
- Advertisement -