The relief is meant to hold Americans over until the USA economy is up and running again - the federal government and state governments have made the decision to shut down many businesses in an attempt to limit human-to-human contact.
In the letter, Harder asks Mnuchin when an online tool to update information related to the checks will become available how constituents can update their address or direct deposit information and when the small business loan program will be up and running.
"That of course is no good for someone who needs to pay their bills today", Pomerleau said, "but all is not lost".
Q: Where do I sign up?
How much will it help your family?
Payments for most adults will be $1,200, although some would get less, depending on income. Children must be 17 years old or younger.
The stimulus package, which went through multiple drafts, gained bipartisan support with a 96-0 vote in the Senate.
Americans who make between $75,000 and $99,000 (or married couples making between $150,000 and $198,000) are eligible for a portion of the payment. Students who work and file taxes independently may qualify. "In other words, the 2019 or 2018 returns are used to calculate the rebate advanced now, and 2020 will be used for any additional rebate they may qualify for using 2020 income". If you made less than $75,000 in 2019, you will be eligible for the full payment of $1,200. Do not give out bank account or any other personal information.
When you do receive your check, you'll be free to use that money however you choose.
It was originally believed those individuals who did not have an income tax filing obligation, because of low income, would not have to file an income tax return and would still receive their $1,200 Economic Impact Payment (based exclusively on their Social Security or Railroad Retirement benefits). According to the I.R.S. website.
The direct checks are separate from the new unemployment benefits in the stimulus package.
There are also instances where people may get more in their checks than they should have, such as for those who earned less in the previous year but more now.