Just last week, the Internal Revenue Service and the Treasury Department announced that 1.8 million more coronavirus stimulus checks were issued under President Joe Biden’s American Rescue Plan , raising the total number of checks sent out to one hundred sixty-seven million with a value of $391 billion.
But keep in mind that this is only the third round of stimulus, as Congress already had approved the delivery of two other direct cash payments to most eligible Americans—a $1,200 check in the spring of 2020 and $600 in December.
Against this backdrop and other government-issued funds currently on the way—such as […]
Full Post at nationalinterest.org