Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Nearly 160 million U.S. households to get virus stimulus checks: White House

Published 03/04/2021, 03:07 PM
Updated 03/04/2021, 03:10 PM
© Reuters. Press Secretary Jen Psaki and Secretary of Veterans Affairs Denis McDonough hold a briefing at the White House in Washington

WASHINGTON (Reuters) - A total of 158.5 million households would receive direct payments under the Senate version of a $1.9 trillion coronavirus stimulus bill, the White House said on Thursday.

White House spokeswoman Jen Psaki told reporters that the figure, crunched by the National Economic Council, means that 98% of the households that received payments in December would get checks under the stimulus.

The stimulus package passed the Democratic-led House of Representatives and is soon to be debated in the Senate, with Republicans opposed.

With no votes to spare, Democrats are tweaking the bill to ensure that all 50 of their members support it, including by raising the salary threshold for qualifying households.

President Joe Biden wants to sign legislation as soon as possible to provide relief to millions of people suffering economic dislocation from the pandemic, Psaki said.

Latest comments

All reettarrded don't think is just a stimulus to the American economy, or you think some of the 1400 will go to savings. All money rndd, very fast, in the markey (whichever you like)
House and Senate make sure this Package helps America only and not other countries. Sorry America is hurting now and Pelosi and McConnel wanted to help others before helping the American people. Now it's time to shine and make America a powerhouse again.
well it's not like it's real money
Bet u wont be burning your stimmy check then, or will you?
Do you only accept coconuts as payment?
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.