Who gets the $600 stimulus checks and when
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ABC NewsCatherine Thorbecke
As part of the American Rescue Plan Act of 2021, the federal government is providing stimulus payments to eligible recipients. Eligibility criteria differs from prior rounds of stimulus payments. Customers who are eligible to receive direct deposit of their stimulus payment may expect it as soon as March 17, 2021. Learn about eligibility and payment amounts: http://on.wf.com/6185HUk5v | Wells Fargo
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​​​Stimulus check update: Trump details timeline for $2,000 direct payments
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7486672571857915179
10 months ago
TikTok
Former President Trump is pushing a proposal to provide $2,000 stimulus checks to low- and middle-income earners, using the massive tariff revenue. The stated goal is to address the affordability crisis and use the remaining funds to pay down the national debt. However, the political motivation is believed to be to build support for tariffs (which could be increased in the future to eliminate income tax). The proposal raises economic concerns because it could lead to additional inflation (1%–1.5
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