The Treasury Department said Tuesday that over half of the near $390 billion disbursed in the third round of stimulus payments went to households with income under $50,000, while more than 85 percent went to households making less than $100,000 per year. Another 10 percent of the third round of economic impact payments (EIP), as the relief…
More Than 50 Percent of Recent Stimulus Check Money Went to Households Making Under $50,000
More Than 50 Percent of Recent Stimulus Check Money Went to Households Making Less Than $50,000
The Treasury Department said on June 29 that more than half of the almost $390 billion disbursed in the third round of stimulus payments went to households with an annual income of less than $50,000, while more than 85 percent went to households making less than $100,000 per year. Another 10 percent of the third round…
Federal Agencies Send out 5th Batch of Stimulus Checks Worth $3.4 Billion
The Internal Revenue Service (IRS) said on April 14 that federal agencies are in the midst of sending out a fifth batch of stimulus checks, amounting to nearly 2 million payments worth over $3.4 billion, with eligible recipients likely to see the funds arriving in their bank accounts starting Wednesday. The IRS, the Department of…
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