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Treasury and IRS Disburse Another 37 Million Economic Impact Payments from the American Rescue Plan
Today, the U.S. Department of the Treasury, the Internal Revenue Service, and the Bureau of the Fiscal Service announced they are disbursing approximately 37 million payments in the second batch of Economic Impact Payments from the American Rescue Plan. This brings the total disbursed payments from the American Rescue Plan to approximately 127 million payments worth approximately $325 billion. As announced on March 12, Economic Impact Payments will continue to roll out in batches to millions of Americans in the coming weeks. The second batch of payments includes direct deposits, as well as paper checks and debit ... (full story)