VIDEO: Mnuchin says when checks from coronavirus bill will be coming

MARCH 29, 2020

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As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by CBSNEWS.COM:

Washington — Americans who are eligible to receive one-time payments from the federal government as part of a massive coronavirus economic relief package will see that money deposited into their bank accounts “within three weeks,” Treasury Secretary Steven Mnuchin said Sunday.

“We expect that within three weeks, that people who have direct deposit with information with us will see those direct deposits into their bank accounts, and we will create a web-based system for people where we don’t have their direct deposit, they can upload it so that they can get the money immediately as opposed to checks in the mail,” Mnuchin said on “Face the Nation.”

The article goes on to state the following:

As part of the $2 trillion stimulus package passed by Congress last week, Americans who make up to $75,000 will receive $1,200 checks, plus $500 per dependent child. The amount gradually decreases for incomes up to $99,000, at which point the payments cut off.

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