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When will American people receive stimulus check and how much really?


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Quotes of the day:

If we want a love message to be heard, it has to be sent out. To keep a lamp burning, we have to keep putting oil in it.

— Mother Teresa

Everyday it kept changing, someday people thought everyone will get one NO wrong. Someday indicating only some American, and other days indicating it’s still working on that.

Exactly how much will I get?

The bill would provide one-time direct payments to Americans of $1,200 per adult making up to $75,000 a year and $2,400 to a married couple making up to $150,000, with $500 payments per child.

When will I receive the money?

While the exact date remains unclear — the bill still needs to be passed by the House and signed by the president — Treasury Secretary Steven Mnuchin said taxpayers should expect to receive a payment in less than a month after the package is signed into law.

“Our expectation is within three weeks we will have direct payments out where we have depository information,” Mnuchin previously stated. “We’re looking to get a lot more information and we have procedures to do that.”

According to the text of the bill, payments will be made “as rapidly as possible” and no later than Dec. 31, 2020.


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