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Added on the 04/01/2021 17:18:42 - Copyright : Wochit
The second round of stimulus checks began rolling out through direct deposit this week. The Internal Revenue Service says the Get My Payment tool is for checking the status of your payment. The tool itself should become available “in a few days", according to Gizmodo. The agency said that the $600 stimulus checks are for qualifying U.S. adults. Paper checks would be mailed beginning Wednesday. Adults with an adjusted gross income of up to $75,000 are eligible for individual payments of $600.
President Donald Trump faces a ticking clock with respect to the current proposed COVID-19 relief package. Trump has suggested he may reject the $900 billion package that Congress approved earlier this week unless lawmakers include $2,000 stimulus payments. Business Insider reports Trump could cost jobless workers a week of $300 federal unemployment benefits if he fails to sign the bill by midnight Saturday. Business Insider reports nearly 14 million Americans may lose all their unemployment aid this weekend if the bill doesn't pass. Labor experts say a two-to-three week gap in unemployment benefits is inevitable, as states need to recalibrate their computer systems to send the payments.
US lawmakers are back to square one with respect to the passage of the most recent $900 billion pandemic stimulus package. CNN reports the House of Representatives on Thursday failed to secure an increase of direct payments to Americans from $600 to $2,000. The attempt was a response to one of President Donald Trump's surprise demands he made in a tweeted video late on Tuesday. House Democrats tried to quickly pass the bill by a unanimous consent request Thursday morning, but Republicans rejected the move. GOP lawmakers are now in a difficult spot where they will be forced to decide whether or not they will defy the President.
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