Giving away stimulus checks was a scheme adopted by the US government to aid small-time businesses and revenue. Providing taxpayers to the US government with some “spending money” can propel the economy. The last time stimulus checks were provided was during the Great Recession of 2008. Barrack Obama, under his governance, dispersed $152 billion as an attempt to curb unemployment that followed the recession. The US government has started the dispersal of stimulus checks amidst the growing pandemic. The amounts that need to be distributed have been revised, and the summary is as follows.
- Individuals earning up to $75,000 per annum receive $1,200.
- Couples jointly earning up to $150,000 per annum receive $2,400.
- The amounts start their steady decrease when individuals make >$75,000 and couples make >150,000.
- For every child, $500 will be dispersed.
- Individuals making> $99,000 and couples making > $198,000 will not receive the stimulus checks.
As happy as the US citizens are, to have received the checks, many were left puzzled as checks were transacted to the deceased. Reports from various social media accounts show proof that the deceased were notified of the check.
This left many families of the deceased bewildered. “Will they want $1,200 back?” tweets a widow, who was paid $2,400 in full. No guidelines were provided for the mistaken transaction. A similar happening was in 2009 when a Wall Street Journal reported that $12 million, which was sent by error, was never returned back.
A new tool has been provided to the taxpayers regarding the status of their check. It will also offer “eligible people a chance to provide their bank account information so they can receive their payment more quickly rather than waiting for a paper check.” When users tried logging in to check their status, the page read, “Due to high demand, you may have to wait longer than usual to access this site.” which proceeded to say “Payment Status Not Available”.
Join our writing team and develop your writing skills, as you see your articles featured on Apple News, Google News, and all around the world. Subscribe to our newsletter, What Just Happened, where we dive deep into the hottest topics from the week!