The IRS issued new guidance about stimulus payments for dependent children.
The unemployment benefit that has kept millions afloat amid the worst economic crisis in decades officially expires at midnight. Weekly jobless claims continue to rise. Economic forecasters are warning of another slowdown.
The Senate on Monday introduced the HEALS Act, the Republicans' new stimulus proposal that includes a second stimulus check worth up to $1,200. In addition, the legislation will renew enhanced unemployment assistance, though offering significantly less financial support than March's CARES Act. It will also pledge more than $100 billion to school reopening.
Parts of the next stimulus package has been released today, see what is being included.
What is today's status on the next check for Americans and how soon could you get the second payment from the IRS?
Would you be eligible for a second payment? Here's how your income, marriage status, dependents and citizenship could determine if you get new stimulus money sent from the IRS.
One scenario would cut benefits back from $600 per week to between $200 and $400 each week.
‘My girlfriend of seven years is a dialysis patient and on disability; she has two kids from a previous marriage. They call me Dad and I take care of them.’
Kamala Harris makes a “final pitch” for $2,000 a month second stimulus checks.
If a second stimulus payment is approved by the House and Senate, would you be eligible for one? That's the current debate about who would qualify and why you keep hearing about $40,000.
Maybe the IRS tried to send your stimulus check as a direct deposit to a closed bank account. Or perhaps the agency sent your payment to an old mailing address. It's possible you accidentally threw away the letter with your economic impact payment check or debit card. We know a handful of possible reasons why you haven't received your economic impact payment yet.
156 economists from dozens of the nation’s leading universities wrote an open letter to policymakers urging them to “use all the tools at their disposal to avoid further preventable harm to people and the economy, including recurring direct stimulus payments, lasting until the economy recovers.”
The White House and congressional Republicans are exploring whether to restrict the number of Americans receiving the next round of stimulus payments, as conservative lawmakers face internal pressure to limit the size of the next relief package.
Second stimulus checks could be sent as early as August.
If Congress agrees to send another economic stimulus payment to you -- and there's no guarantee -- this is what we're hearing about how much money might actually arrive.
Some nursing homes had grabbed the government payments to defray the costs of caring for residents on Medicaid.
Could the IRS have mailed your payment to the wrong address or deposited it to the wrong bank account? We have some information that could help.
Washington continues to debate whether a second stimulus check could get distributed. This is where the discussion stands today about another round of relief payments and unemployment benefits.
Despite a shocking jobs report last week, which showed that the U.S. economy added back an astounding 2.5 million jobs in May, a top White House official insists more stimulus is likely on the way.
Another massive stimulus bill has been passed in the House of Representatives, but a Republican-held Senate seems likely to view the bill with a great deal of scrutiny.