Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Biden administration disburses 25 million more stimulus payments to Americans

PoliticsApr 07, 2021 09:55AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. A family's stimulus check from the U.S. Treasury for the coronavirus disease (COVID-19) aid arrived in the mail in Milton

WASHINGTON (Reuters) - The Biden administration said on Wednesday that 25 million more stimulus payments worth a total of $36 billion had been sent out to Americans from the $1.9 trillion pandemic relief legislation.

The announcement of a fourth batch of checks was made by the Treasury Department and the Internal Revenue Service. It brings to 156 million payments the amount disbursed, with a total value of $372 billion.

The latest payments of up to $1,400 began processing last Friday, with some people receiving direct deposits, Treasury said in a statement.

The pandemic-hammered U.S. economy has been on the rebound, with 916,000 jobs created last month, bringing the jobless rate down to 6%.

Biden administration disburses 25 million more stimulus payments to Americans
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (7)
NYSE NASDAQ
NYSE NASDAQ Apr 07, 2021 11:12AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
so future generations will pay this debt through higher tax rate, people now enjoying it, but the future generations have to pay.
Tre Hsi
Tre Hsi Apr 07, 2021 11:12AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
"future generations will pay this debt through higher tax rate"  -- do they?  this generation certainly are not paying the national debt accumulated by Reagan/Bush, in fact tax/interest/inflation rates nowadays are all significantly lower than 30/40 years ago
Forex Harbingers
Forex Harbingers Apr 07, 2021 11:12AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Regurgitate more MSM BS please. You are so biased, I wonder how you can stand it. Bush era policies were paid by Americans through collapsing SSA, Disability, and 401k's. It's not all about "taxes". You really need to do some more research and quit regurgitating your "party's" status quo. God, you ignorant people make me sick
Van Doza
Van Doza Apr 07, 2021 10:53AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
It is very hard to make my thoughts about this criminal - and his second in command - socially acceptable.
Kaveh Sun
Kaveh Sun Apr 07, 2021 10:02AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
The Dems is for the unions. The gop is for businesses. People r fool easily by both parties. None of the party is ‘for the people’.
danny Levine
danny Levine Apr 07, 2021 10:02AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I agree. that's why I quit being a Republican. repubs NEED Trump, no matter what they say about him
James Pattison
James Pattison Apr 07, 2021 10:02AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
This is mostly inaccurate... you cant just reduce it down to jist these two things... comservatism is about small government... local government is more accountable and can more precisely govern the people of an area because they have a more accurate idea of what they need... why shouldntax dollars in ohio be sent to balance the wild spending of california?? Ohians are mot represented or voting in california state and local elections?? Its rewarding irresponsible spending and poor governance...
Tre Hsi
Tre Hsi Apr 07, 2021 10:02AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
"The gop is for businesses."  -- that was the case, is it still?  Businesses like stability and predictability and free trade and low labor cost, the Trump republicans with their trade wars and arbitrary tariffs and immigration bans and populist rhetoric's, is it any wonder why even US Chamber of Commerce decided to back Biden in the election?
Alan Rice
Alan Rice Apr 07, 2021 10:02AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Ohioans.
Kaveh Sun
Kaveh Sun Apr 07, 2021 10:00AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
We dont even get half of the “releive for the people” bill. Any bill that is ‘for the people’ is full of pork for the unions.
danny Levine
danny Levine Apr 07, 2021 10:00AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
and bailouts!
Casador Del Oso
Casador Del Oso Apr 07, 2021 9:07AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
He giveth and he taketh away... higher taxes next, much higher.
Show previous replies (2)
danny Levine
danny Levine Apr 07, 2021 9:07AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
lol man you got me good. go ahead and pay more tax on our behalf!
Forex Harbingers
Forex Harbingers Apr 07, 2021 9:07AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
You do realize, that with no business regulation on price, that those taxes on them will filter down to us in form of higher commodity prices right? Raising taxes at this point will only make the rich richer, and still relegate us to pizz n shid.
Forex Harbingers
Forex Harbingers Apr 07, 2021 9:07AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Oh how quickly y'all forget how bad 2008-2012 was. And the US has already tripled that stimulus package at least. Ignorant of history, doomed to repeat mistakes
Mendoza Aaron
Mendoza Aaron Apr 07, 2021 9:07AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Tre Hsi How would a global minimum corporate tax rate affect consumer goods? What about a mileage tax rate? What about the hidden tax rate of inflation?
Tre Hsi
Tre Hsi Apr 07, 2021 9:07AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Mendoza Aaron  not sure what minimum coporate tax rate has to do with covid relief payment......however, any effet of global min corporate tax rate will of course depend on the rate, if it's under 20% then it should have little effect on the final price of consumer goods, since it's below the corporate tax rates in US/EU/China............no idea what a mileage tax rate is or what it does
Forex Harbingers
Forex Harbingers Apr 07, 2021 8:54AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
And we the Americans paying for this bill with our tax money, only get 9% of that bill to Covid relief. They shilled us hard, and majority welcomed it with open arms. smdh
Show previous replies (2)
Forex Harbingers
Forex Harbingers Apr 07, 2021 8:54AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Just like Obama bailed out the criminal banks and we stood there and took it like good little boys. It's always the same and will be the same as long as we the people keep being biased to left or right. Wake up
Tre Hsi
Tre Hsi Apr 07, 2021 8:54AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Forex Harbingers  "Just like Obama bailed out the criminal banks....."---just to be precise, the TARP program was passed in 2008 under Bush, with bipartisan support, but technically that was under Bush (and McCain claimed the credit for it), passed a month before the 2008 presidential election
Forex Harbingers
Forex Harbingers Apr 07, 2021 8:54AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
So what you are saying, is that "Obama" followed in the same footsteps as Bush, proving my original point, that no matter their party, they are all the same. Thanks :D
Tre Hsi
Tre Hsi Apr 07, 2021 8:54AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Forex Harbingers  just want to point out where the credit/blame of the original TARP program should go to, you are free to interpret the facts anyway you want to
Tre Hsi
Tre Hsi Apr 07, 2021 8:54AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Forex Harbingers  not sure you need to put "Obama" in quote, but not Bush, but anyway.......
CHAD TENDIES
CHAD TENDIES Apr 07, 2021 7:49AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Stagflation
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email