stimulus

17 Stories

Kyle Rittenhouse Explains How He Got His Gun

Accused Kenosha shooter talks to the 'Washington Post'

(Newser) - Accused Kenosha shooter Kyle Rittenhouse isn't old enough to buy or own a gun—so, the Illinois 17-year-old tells the Washington Post in a new interview, an 18-year-old friend who lives in Kenosha, Wisconsin, bought it for him ... using economic stimulus funds. "I got my $1200 from the... More »

Trump Halts COVID Relief Talks Until After Election

Moves ends hopes of near-term relief for millions affected by pandemic

(Newser) - The stock market rose when President Trump was released from the hospital Monday—and sank again less than 24 hours later when he declared that talks on a coronavirus relief package will be suspended until after the election. "Nancy Pelosi is asking for $2.4 Trillion Dollars to bailout... More »

Austrians Cash In Stimulus Checks From ... America?

And they're not the only foreigners receiving US stimulus funds in error

(Newser) - Austria isn't part of the United States of America (last time we checked), but over the past few months, some Austrians have received assistance reserved only for US citizens and residents. They've been cashing checks sent to them as part of the $2 trillion US stimulus package, even... More »

Congress to Consider 2nd Stimulus Check, Jobless Aid

House and Senate are back in session with unemployment benefits about to expire

(Newser) - Congress returns to session on Monday, and one issue will be dominating the headlines on that front in the coming days: a second round of aid for COVID-19. As NPR notes, supplemental unemployment benefits of $600 per week that Congress approved four months ago for tens of millions of Americans... More »

Senators' Proposal: Americans Should Get $2K a Month

Kamala Harris, Bernie Sanders, Ed Markey unveil 'big idea' to relief economic pain during pandemic

(Newser) - Americans who received a $1,200 stimulus check from the government to help mitigate financial losses during the coronavirus pandemic could now be coming to a sobering realization: It may not be enough. Three senators are saying the same, and they've just put forth a "big idea" to... More »

Next Move for Pelosi, Schumer Is 'Rooseveltian'

Senate minority leader says coronavirus relief plan is response to call for 'big and bold' action

(Newser) - With millions out of work and the future still murky amid the coronavirus pandemic, Americans are wondering what relief may soon be coming their way. Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi have something in the works: specifically, an aggressive economic stimulus plan that Schumer describes in... More »

Man Felt 'Violated' After Landlord Text on Stimulus Check

Ore. man says property manager illegally accessed payment status via IRS site, asked for rent

(Newser) - On April 15, Austin Goodrich received his stimulus check from the government. That same day, he got some odd texts from his property manager, per Business Insider . In messages documented by Joshua Browder, CEO of the DoNotPay legal chatbot, Goodrich's landlord asked him, "You got your stimulus, just... More »

It's Easy to Check on Your Stimulus Payment

IRS.gov goes live with a tracking tool

(Newser) - It's safe to say everyone who's expecting a federal stimulus check is eager to "get my payment." Those wondering exactly when that will happen can now turn to "Get My Payment" to find out. The new feature on went live on IRS.gov on Wednesday,... More »

Stimulus Checks Will Have an Unusual Name on Them

A president's name, for the first time ever

(Newser) - If you're among the Americans checking their mailboxes for a stimulus check, the Washington Post reports that yours will be coming to you a little differently than any other IRS disbursement in history: It will bear the words "President Donald J. Trump" on the left-hand side of the... More »

Fed Chief: Economy's Rebound May Be 'Robust'

Agency unveils $2.3T loan program to help small businesses, cities

(Newser) - The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy, per the AP . The money will target American households and businesses, as well as local governments besieged by the coronavirus outbreak. The Fed said Thursday that it's activating a... More »

One Group Will Get Checks Starting Monday: Lawmaker

Sources differ, but Social Security beneficiaries might come first

(Newser) - Millions of Americans are close to receiving stimulus payments, but when exactly? Media reports are trying to break it down. Rep. Debbie Dingell (D-Mich) said Wednesday the first group of recipients will include people who receive Social Security and who filed federal tax returns specifying their direct deposit information, USA ... More »

Treasury Does 180 on Stimulus Funds for One Set of Americans

Social Security recipients won't have to file tax return to get money

(Newser) - One of the biggest challenges the Treasury Department has in getting Americans their checks from the $2.2 trillion coronavirus stimulus package is tracking down people who don't file tax returns. Now, at least one key group of nonfilers will see that process expedited. The official word, delivered from... More »

Here's How Big Your Coronavirus Check Will Be

Most Americans will get a check ... or direct deposit

(Newser) - The Senate on Wednesday passed the biggest economic relief bill in US history—the AP gives a sense of scope by noting the $2.2 trillion price tag is equivalent to half the size of the entire $4 trillion-plus annual federal budget. Assuming the House passes it as expected on... More »

Americans May Be Getting Checks Soon

Amount is up in the air, but Mnuchin suggests sending them in next 2 weeks

(Newser) - It looks like Americans will soon be getting some type of relief check amid the coronavirus crisis. "We are looking at sending checks to Americans immediately," Treasury Secretary Steven Mnuchin said Tuesday morning. "Americans need cash now and the president wants to get cash now," he... More »

Obama to GOP: Let's Cut Corporate Taxes

... but only if you agree to job creation measures

(Newser) - President Obama has a new "grand bargain" for Republicans, though it's a little less grand this time around. In a speech today, Obama will offer to overhaul the corporate tax code, reducing the rate and reaping a onetime windfall in the process, the Wall Street Journal reports. In... More »

Battery Maker That Grabbed $132M Stimulus Goes Broke

Is A123 Systems the new Solyndra?

(Newser) - A123, a battery maker that received $132 million in stimulus grants intended to promote electric vehicles, filed for bankruptcy yesterday, the New York Times reports, in a case that some pundits are already comparing to the Solyndra scandal. The bankruptcy is surprising, because the company had announced a deal to... More »

Fed Signals It's Ready to Act Soon on Economy

Minutes of meeting show members worried about recovery

(Newser) - Federal Reserve officials spoke with increased urgency at their last meeting about the need to provide more help for a weak US economy. In fact, many felt further support would be needed "fairly soon" unless things improved significantly. The minutes of the July 31-Aug. 1 meeting don't say... More »

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