I have to tell you, all of these pandemic terms drive me nuts. It started with social distancing. That wasn't terminology that was used prior to 2020 but now it's the new normal. See? There's another one! The latest is one that I might be ale to get behind though. It's called a "plus-up" payment.
Is there a 4th stimulus payment headed to your bank account in 2021? Will we see stimulus payments become a recurring payment? The answer to both might be a yes!
Imagine you are counting on that $1400 stimulus payment. You need it to pay the rent, keep the lights on, feed you family. Finally it arrives! Deposited into your account and then BAM! It's gone. That is a reality for some in the Capital Region.
According to Syracuse.com, the U.S. Treasury Department says it has already sent out 90 million stimulus payments totaling $242 billion and about 150,000 checks totaling $442 million.. Are you one in 90.4 million?
President Biden signed the $1.9 trillion bill earlier than planned and one of the items many Americans want to know about is the $1,400 stimulus payment. According to White House Press Secretary Jen Psaki, if you are one of the eligible Americans, look for a direct deposit as early as this weekend.
It looks as though Congress is closing in on a bill that would include up to a $1400 direct payment to most Americans by March. This is part of President Joe Biden’s $1.9 trillion Covid-19 relief bill.