US TREASURY: 156 MILLION CORONAVIRUS RELIEF PAYMENTS ISSUED

Written by on April 8, 2021

THE TREASURY DEPARTMENT SAID WEDNESDAY IT HAS ISSUED MORE THAN 156 MILLION PAYMENTS AS PART OF PRESIDENT JOE BIDEN’S CORONAVIRUS RELIEF PLAN, INCLUDING 25 MILLION PAYMENTS THAT WERE PRIMARILY TO SOCIAL SECURITY BENEFICIARIES WHO HADN’T FILED 2019 OR 2020 TAX RETURNS.

THE DIRECT PAYMENTS OF AS MUCH AS 1,400 DOLLAR PER PERSON WERE THE CORNERSTONE PROMISE OF BIDEN’S 1.9 TRILLION DOLLAR PACKAGE TO CONTAIN THE PANDEMIC AND REVIVE THE U.S. ECONOMY.

ROUGHLY 372 BILLION DOLLAR HAS BEEN PAID OUT SINCE MARCH 12, A SUM THAT LIKELY BOOSTED HIRING LAST MONTH AS AMERICANS HAD MORE MONEY TO SPEND.


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