According to ABC7 this afternoon (Thursday, March 11th) US President Joe Biden put pen to paper and signed the much-awaited/anticipated/debated $1.9 trillion coronavirus relief bill. This was fought over for quite a while, as one of the biggest arguments against the bill was that the money should go to those who need it the most. So they tossed around several stricter options on regulating who would get aid and who would not. Individuals who earned less than $75,000 and those married filing jointly who earned less than $150,000 in 2019 are eligible for the full amount.

Other arguments were against people who still were employed, why should they be getting some help? Biden's answer to that is that many have had their wages cut or have had to step back and take care of their families. The last two stimulus payments went out in a pretty quick fashion, especially to those with direct deposits. White House press secretary Jen Psaki had this to say during a press briefing today "Some people in the country will start seeing those in those direct deposits in their bank accounts this weekend, And payments to eligible Americans will continue throughout the course of the next several weeks." 

Check this out though, not everyone who is eligible to receive money gets a check: An estimated 8 million eligible people did not get the first stimulus payment, worth up to $1,200, which was approved last year and delivered over the spring and summer.  While most people received the money automatically, very low-income people who don't normally file tax returns may have to take an extra step to register online or file a 2020 tax return. Keep your eyeballs peeled on your bank account.


 

 

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