[NYAPRS Enews] Breaking: Americans Could Receive Stimulus Payments As Early As Tonight, Mnuchin Says

[Harvey Rosenthal]

Americans Could Receive Stimulus Payments As Early As Tonight, Mnuchin Says
Nexstar Media Wire Dec 29, 2020 06:11 PM

After months of congressional negotiation and stalemates, Americans could finally receive another round of economic COVID-relief payments as early as Tuesday night, Treasury Secretary Steven Mnuchin said in a statement on Twitter.
Those $600 payments would be sent via direct deposit, with paper stimulus checks being mailed Wednesday.

Minuchin on Twitter:
@USTreasury<https://twitter.com/USTreasury?ref_src=twsrc%5Etfw> has delivered a payment file to the @FederalReserve<https://twitter.com/federalreserve?ref_src=twsrc%5Etfw> for Americans' Economic Impact Payments. These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week (1/2) - Steven Mnuchin (@stevenmnuchin1) December 29, 2020<https://twitter.com/stevenmnuchin1/status/1344050772757991424?ref_src=twsrc%5Etfw>

Mnuchin added that the Get My Payment tracking tool<https://t.co/pFBzGzK8mD?amp=1> on the IRS website, which has been temporarily unavailable, will be accessible again "later this week."

Americans who make under $75,000 per year will soon receive a one-time $600 check based on their 2019 income for them as well as for dependents under the age of 17. The payments are gradually diminished for people making more than $75,000, or $150,000 for married couples, and phased out completely for income levels of $87,000 for individuals and $174,000 for couples.

Meantime, a Senate vote on a bill to raise the amount of the second stimulus check to $2,000, an amount supported by Democrats and President Trump, was blocked Tuesday by Republicans.

Senate Majority Leader McConnell countered with a bill that would tie the $2,000 stimulus checks to the repeal of Section 230, the social media immunity law, and the creation of a commission on election fraud.
This is a developing story.

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