White House and Trump continue to promote the idea of ​​another $1,200 check

The White House and Trump continue to promote the idea of ​​an economic stimulus package that includes another check for $ 1,200 dollars ...

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  • The White House and Trump continue to promote the idea of ​​an economic stimulus package that includes another check for $ 1,200 dollars for Americans
  • Mnuchin assured that he and President Donald Trump believe in the need to reach an agreement between both parties in favor of this new economic impact payment.
  • The Trump administration speaks of a “focused” proposal, but has not elaborated on it

The White House and Trump continue to promote the idea of ​​an economic stimulus package that includes another $ 1,200 check for Americans.

Yes, after long discussions and the negotiations on a new direct payment to citizens being frozen, there are reasons to believe that there is still hope!

This Monday, in a hearing before the Financial Services Commission of the House of Representatives, Steven Mnuchin, secretary of the Treasury Department, stressed that the Trump administration still maintains the idea of ​​giving people a second aid check for coronavirus.

Mnuchin assured that he and President Donald Trump believe in the need to reach an agreement between both parties in favor of this new economic impact payment.

“The President and I remain committed to providing assistance to American workers and businesses. I believe that a focused package is still necessary and the Administration is ready to reach a bipartisan agreement, ”said Mnuchin.

Although the Secretary of the Treasury Department spoke of a “focused” proposal, he did not elaborate on it. What he did clarify is that the president agrees to extend a payment of $ 1,200 per person or $ 2,400 for couples, he reported The opinion. She didn’t talk about the shop assistants.

White House and Trump continue to promote the idea of ​​another $ 1,200 check

Larry Kudlow, the White House economic adviser, and Mark Meadows, Trump’s chief of staff, also agree on the idea of ​​a “focused” proposal.

“Certainly (the president) is willing to accept the $ 1.5 trillion figure,” Meadows said in an interview with Fox News about the Republican offer that was originally $ 1.1 trillion, but this has not been enough for the Democrats accept. Senate Democrats hope that the Republican proposition is closer to the economic stimulus package they proposed, which is around $ 3 trillion.

Although both sides agree on the approval of a second round of checks for Americans, they are still trying to grapple with the details of how, how much and to whom such aid would be delivered. Some specialists say that they will not be able to reach an agreement before the elections.

Coronavirus Aid Check: Who Will Receive It This Week?

Although the original IRS calendar is over, the agency continues to issue the first coronavirus relief check: Who would get it this week?

Discussions about a second direct payment for families are stalled, but meanwhile the Internal rents service (IRS) and the Treasury Department continue to work on the delivery of the economic stimulus checks that were approved in the previous Cares Act to help Americans.

These payments began to be delivered on April 13 and, according to the agency, they are sent every Friday.

The shipping schedule ended on September 4, but the IRS extended them one more week, until September 11, to be able to meet some pending payments to those who requested the benefit late or made adjustments to their data.

Just this group of people must count 15 days to receive your check. If you didn’t get it in the past week, it will most likely arrive in your mailbox this week.

The agency has also indicated that it is working to catch up on the payment of the $ 500 for dependents that they mistakenly stopped sending to some beneficiaries and with 55,000 payments that they had withheld corresponding to support payments.

The disbursement process has been late since they have had to send paper checks and debit cards by mail to those who did not have bank information in the agency’s records and even extend calls for those who do not file taxes and those who do not have any fact. In fact, for this sector of the population a tool was installed on the IRS website “Non-filers“, Where people will have until October 15 to enter their personal information.

Coronavirus Stimulus Check: Who Would Receive It This Week Of September 21?

For those who have not yet received their stimulus payment, the shipping schedule depends on the income you have reported on your taxes.

First, it was sent to people with lower income and it will progressively reach the hands of those who reported higher income. We will explain the delivery dynamics below.

This is the shipping dynamics:

  • April 24: $ 10,000 or less
  • May 1: $ 10,001 – $ 20,000
  • May 8: $ 20,001 – $ 30,000
  • May 15: $ 30,001 – $ 40,000
  • May 22: $ 40,001 – $ 50,000
  • May 29: $ 50,001 – $ 60,000
  • June 5: $ 60,001 – $ 70,000
  • June 12: $ 70,001 – $ 80,000
  • June 19: $ 80,001 – $ 90,000
  • June 26: $ 90,001 – $ 100,000
  • July 3: $ 100,001 – $ 110,000
  • July 10: $ 110,001 – $ 120,000
  • July 17: $ 120,001 – $ 130,000
  • July 24 $ 130,001- $ 140,000
  • July 31: $ 140,001 – $ 150,000
  • August 7: $ 150,001 – $ 160,000
  • August 14: $ 160,001 – $ 170,000
  • August 21: $ 170,001 – $ 180,000
  • August 28: $ 180,001 – $ 190,000
  • September 4: $ 190,001 – $ 198,000
  • September 11: Other pending cases.

According to the calendar, if you have been considered by the IRS a ‘pending case’, So your check was mailed last Friday, September 11, and you should have received it in your mailbox last week or you will receive it this week.

Special cases: IRS to send coronavirus aid until the end of the year

Even though its original schedule is over, the IRS said it will send out coronavirus relief checks until the end of the year.

He Internal rents service The IRS was scheduled to send a final batch of stimulus checks on September 4; however, he indicated that they will need more time to process the payment of some specific cases.

The agency said the submission process will then be extended for the remainder of 2020, CNET reported. According to the medium, the corresponding payment has already been sent to:

  • Those who filed taxes in 2018 or 2019, because the IRS already had data on these taxpayers for the execution of a direct deposit.
  • The Social Security beneficiaries, who also submitted their information in order to receive direct deposit.
  • Those who managed to register their data in the IRS system before May 13 were able to receive their payment electronically.
  • Those who signed up for the IRS system after May 13 should have received a physical check or debit card. According to the IRS calendar, the last batch of shipments was made on September 4 and corresponded to those who had declared income between $ 190,001 and $ 198,000 dollars.

Recently, the IRS also reported that they are catching up on the $ 500 for dependents they mistakenly stopped sending to some beneficiaries. They are also issuing 55,000 payments they had withheld for support payments.

Photo: Twitter

If you have not received your check yet, you are in time to use the “Get My Payment” tool, through which you can monitor the status of said economic relief payment. IRS also makes the “Non-Filers” tool available, with which those who have not provided their information can enter it so that the agency can contact them and send the corresponding money, although they must do so before October 15. In the most unfortunate of cases, whoever did not receive the money will be able to request their “Economic Impact Payment” for next year’s tax season.

Filed As: White House and Trump continue to promote the idea of ​​another $ 1,200 check

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