Direct reports from the Treasury Secretary, Steven Mnuchin, has indicated that all qualifying Americans are set to receive direct payments within a newly approved COVID relief package.
Legislation could possibly begin distributing stimulus checks for a total of $600 beginning as early as next week reports CNBC.
It has been indicated that all individuals that earned up to $75K will receive $600. Married couples who have earned up tp $150K could receive $1200.
Sources have confirmed that an additional $300 a week in extra unemployment aid is set to go in effect as early as next week through March 14, 2021.
Reports read within the CARES Act, the $1,200 checks were fully eliminated for single people earning over $99,000 and for couples earning over $198,000. Ultimately it has been indicated that any individual who has dependent children can receive $600 for each child.
The extra $600 will be given directly toward each “child dependent.” Basically meaning any adult who is claimed as a dependents for example a college students, could possibly not qualify for any additional checks.