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Saturday, dec 21
Tag:
Steven Mnuchin
News
Stimulus Checks: How Much You're Getting
Now that Congress has approved the $2.2 trillion stimulus package, you may be wondering what your cut will be. We’ve tried to simplify it for you. The IRS is doling out the dough to an estimated 125 million Americans. The money will come in the form of a check -- or direct deposit, if you’ve signed up for it with the IRS on your federal tax returns. Your income level will be determined based on either your 2019 tax returns, if you’ve filed, or your 2018 returns if you haven’t. Q: How much will you get? A: Here goes: If you earn no more than $75,000 a year in gross adjusted inc…
News
Covid-
19: White House Works With Congress To Send Checks To Americans
The White House is working with Congress on a bipartisan plan to combat the novel coronavirus outbreak by cutting checks to Americans in need. Treasury Secretary Steven Mnuchin said that the White House is proposing a $1 trillion economic stimulus package to battle the pandemic, including $250 billion that would be earmarked for direct payments to Americans. According to federal officials, the stimulus package has support on each side of the aisle, and they are working quickly to push the legislation through. “This is a significant economic stimulus plan, and we look forward to having bip…