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Added on the 31/12/2020 20:20:41 - Copyright : Wochit
The second round of stimulus checks from the US government are going out this week. Business Insider reports the checks will pay up to $600 each, or $1,200 per married couple, plus additional funds for children. According to Congress's bill authorizing the payments, most of the direct cash payments will be sent to qualifying Americans by January 15. To track your payment, visit the 'Get My Payment' section of the IRS website at www.irs.gov/coronavirus/get-my-payment Direct deposits and paper checks are arriving this week.
On Sunday, Republicans and Democrats in Congress agreed upon a new $900 billion coronavirus relief bill. This includes sending out the second round of stimulus checks for adults. That's half the amount of the first round of stimulus checks in April. According to Insider polling, 62% of respondents believe that the $600 checks are too little. Additionally, 76% of respondents said the payments should be greater than $1,000. 43% said the checks should be $2,000 or more.
Congress has reached agreement on a new coronavirus relief package. This will new deal will include stimulus checks worth $600. Details around when stimulus checks will be released have not been announced. Business Insider reports the bill still must be signed by both houses of Congress and the president. How long will $600 last? The payment would last longer for renters. One average, almost 11 days. For the average homeowner in the US, the payment would last between six and seven days.