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Holding off on 160 billion in funding for state and local governments was key to finding support for another round of stimulus payments according to analysts at raymond james.
Next government stimulus check. The irs said last tuesday that it had started to distribute the checks. As part of the package biden proposes sending 1 400 stimulus checks which combined with the 600 payments currently going out would add up to 2 000 in direct aid for qualifying individuals and. Millions of americans are eagerly awaiting their second stimulus checks which provide 600 for each eligible adult and child.
Many americans have a 600 stimulus check headed their way as part of a recent relief package but it s possible another payment could hit people s accounts in the next year. A week before taking office president joe biden teed up a 1 9 trillion stimulus package proposal that includes another direct payment for up to. As an interesting data point the irs was able to process between 5 million and 7 million a week with the first stimulus check according to a government report from june.
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