Well, it isn’t the $2,000 stimulus that President Trump was working on, but it’s something! Something that can help a whole lot of people right now.
The U.S. Treasury Secretary, Steven Mnuchin, announced that we could receive the second round of direct deposit stimulus payments as soon as tonight.
He had tweeted that they have delivered the payment file to the U.S. Federal Reserve. This means that payments can go out now.
.@USTreasury has delivered a payment file to the @FederalReserve for Americans’ Economic Impact Payments. These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week (1/2)
— Steven Mnuchin (@stevenmnuchin1) December 29, 2020
He then added a tweet that paper checks will be distributed starting on Wednesday.
Paper checks will begin to be mailed tomorrow. Later this week, you can check the status of your payment at https://t.co/pFBzGzK8mD. (2/2)
— Steven Mnuchin (@stevenmnuchin1) December 29, 2020
The best part was when he said that some of us could receive our payments as soon as tonight via direct deposit!
These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week.
Steven Mnuchin wrote
Today @USTreasury and @IRSNews begin to deliver the second round of Economic Impact Payments to millions of Americans. https://t.co/3x0VeDsZED
— Steven Mnuchin (@stevenmnuchin1) December 29, 2020
Americans that earn up to $75,000 qualify for the $600 stimulus payments. Each child will also add on another $600 payment. So if you are a family of 4: 2 adults, 2 children, that is $600 x 4 = $2400 total.
Sure, the $2000 per adult and $600 per child would be a bigger help, but what can we do? I just hope it helps the people that need it most.
