IRS Issues a New Batch of Stimulus Payments

IRS Issues a New Batch of Stimulus Payments

The Internal Revenue Service sent out the initial American Rescue Plan Act of 2021, stimulus payments last Thursday and Friday — roughly 90 million direct deposits and 150,000 checks. According to a press release on March 22, 2021, another round will be hitting the banks and mailboxes in the upcoming weeks. Financial institutions are expecting direct deposits […]

Economic Policy Expert Gene Sperling to Oversee $1.9T Stimulus

Economic Policy Expert Gene Sperling to Oversee $1.9T Stimulus

When the Rescue America Act passed last week, the Biden administration announced someone would be appointed to oversee the $1.9 trillion stimulus package sometime this week. On March 15, 2021, NPR reports the president has selected economist Gene Sperling to manage the Act’s rollout. Under Bill Clinton and Barack Obama’s administration, Sperling, a Democrat, was […]

‘Checks Are Coming’ Relief Bill Offers Economic and K-12 School Stimulus [Part 1]

‘Checks Are Coming’ Relief Bill Offers Economic and K-12 School Stimulus [Part 1]

The president’s Rescue America Plan creates a path to COVID economic recovery for Americans. The stimulus bill passed its final vote on March 10, 2021. Joe Biden tweeted, “Checks are on the way.” Extended unemployment benefits under the former administration’s Cares Act are due to expire on March 14, as are other provisions. Democrats are […]

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