Stimulus Package
The latest round of stimulus packages passed by Congress in 2020 were intended to give a jolt of economic relief to millions of Americans and small businesses amid the coronavirus pandemic. Since the early 20th century, stimulus packages have been used to stimulate the economy during strenuous times, particularly during the Great Depression, wars and recessions.
U.S. Budget Deficit Hits Record, Spending From October to May Up Nearly 20%
The U.S. budget deficit hit a record $2.06 trillion, up from $1.88 trillion during the same period the previous year. Spending between October and May is up almost 20% compared to the same time last year.
169 Million Stimulus Check Payments Sent, IRS Issues Tax Return Reminder
More than 2 million payments, worth more than $4.2 billion, have been distributed over the last two weeks alone.
Petitions for Monthly Stimulus Checks of $2K Surpass 2.6 Million Signatures
One of the six ongoing petitions, which drew about 300,000 new supporters in the past month, now has 2,318,350 signatures.
Elise Stefanik Calls Biden's Criticism of Republicans 'Sad and Desperate'
"Some people have no shame," said the president, about GOP lawmakers who voted against the pandemic relief bill but are now "bragging" about it to their constituents
California Stimulus Checks, Rent Relief, Grants: What to Know
The state legislature is weighing several new budget proposals to provide financial help to residents suffering from the COVID-19 pandemic, which could include rent relief, state stimulus checks, and business grants.
As Fourth Stimulus Check Gains Momentum, 1.2 Million Old Payments Unspent
The entire Senate Democratic caucus would have to support additional payments for them to pass. Meanwhile, at least $1.7 billion in past checks remains uncashed.
Fourth Stimulus Check: Why Some May Not Be Eligible if There's More Relief
Any future direct payments will come after Tax Day, meaning that for many, their eligibility will be based on their 2020 return, not their 2019 return.
Confused Couple in Japan Receive Latest Round of COVID-19 Stimulus Checks
"A nonresident alien in 2021 isn't eligible for the payment," according to the IRS. Non-American citizens living overseas who received the checks erroneously should void them and send them back, or risk a warning in 2022.
Woman Charged in Alleged Scheme to Steal $145,000 in Stimulus Checks
Sheila Denise Dunlap, 50, allegedly conspired to fraudulently claim 121 stimulus payments worth $1,200 each.
Only 19% Spent Their $1,400 Stimulus Check, Most Paid Off Debt or Saved
Households were more likely to spend their first stimulus check and save or pay off debt with their second and third payments.
17 GOP Governors Reject Biden COVID Relief, Fear It Could Discourage Work
West Virginia became the 17th red state on Friday to announce it will be ending federal pandemic unemployment benefits early.
Stimulus Checks Boosted Sales But Relief Is Running Out, DoorDash Says
"Summer seasonality, market reopenings, and the waning impact of stimulus" could lower our sales in the near term, the company said.
Additional Stimulus Checks Could Be Issued for California Residents
The recovery plan proposed by Gov. Gavin Newsom expands California's Golden State Stimulus payments to include middle class families.
Petition for Monthly $2K Stimulus Checks Breaks Into Site's All-time Top 25
The petition calling for stimulus checks was seventh on Change.org's list of the top ten petitions of 2020.
Sanders Urges Democrats to Pass Infrastructure Bill Without GOP Support
"If Republicans want to come on board, seriously, great. If not, we're going to do it alone," Sanders said.
California Sends $1.6B in Stimulus Checks—What if You Haven't Received One
About 2.5 million people received a $600 or $1,200 payment and if you haven't received one it could be because you haven't filed your taxes.
Petition for Monthly $2,000 Stimulus Checks Passes 2 Million Signatures
If the Change.org petition hits its goal of 3 million signatures, it will become one of the most signed on the website.
California Stimulus Checks Set to Arrive This Weekend
Those who qualify for the Golden State Stimulus check must file their 2020 tax return by no later than October 15 to ensure they receive payment.
Economists Predict 7% Economy Growth, Prompted by Stimulus Packages
The combination of stimulus checks, widespread vaccinations and the reopening of businesses has meant rapid growth in the economy, and experts predict the fastest annual growth in decades.
Stimulus: Dems Push Bill to Make $300 Monthly Checks to Parents Permanent
House Democrats on Monday introduced a bill to make the child tax credit expansion permanent.
How to Track Your Stimulus Check as IRS Distributes 161 Million Payments
Around 900,000 payments were made via direct deposit, while nearly 1.1 million were issued as paper checks in the latest payment batch.
California Stimulus Check Update and When to Expect $600 Payment
Residents who file their 2020 tax return after April 23 could wait up to three times longer than others to receive their stimulus payment, according to the California Franchise Tax Board.
California Stimulus Check Eligibility: Who Qualifies for $600 Payments
The Golden State Stimulus payments will not be issued until your tax return has been processed, the California Franchise Tax Board advises.
California's $600 Stimulus Checks: When They'll Arrive and How to Track It
Some 5.7 million Californians are eligible for $600 payments, including people receiving California Earned Income Tax Credit, along with those who currently qualify under multiple existing federal assistance programs. Here's how to track yours.
IRS Sends Out Final $1,400 Stimulus Checks Batch
Banks and credit unions are required to make the stimulus funds available to account holders by 9 a.m. local time on the payment date.
Where Does Joe Biden Stand on a Fourth Stimulus Check?
Polls show that most Americans support monthly coronavirus relief payments.
Fourth Stimulus Check: Over 70 Lawmakers Now Support More Direct Payments
Senators and representatives are pushing Joe Biden for more stimulus checks, but the president has yet to respond.
Social Security Stimulus Update, What To Do If You Don't Receive Payment
Federal benefit recipients who don't receive their third stimulus funds electronically may be receiving a paper check instead.
Stimulus Update, When Social Security Recipients Should Get Their Checks
The IRS is not planning to issue third stimulus payments as prepaid debit cards to federal benefit recipients, according to the SSA.
Your Third Stimulus Check Might Be Followed by 'Plus-Up' Payment Soon
Whether you qualify for a follow-up payment depends largely on life changes reflected in your 2020 tax return.
