U.S. Congress is expected to approve the third round of direct stimulus payments in less than a year, meaning that most Americans can expect another cash infusion in the coming weeks. Once President Joe Biden signs the measure into law, the Internal Revenue Service will send more than $410 billion to low- and middle-income households, the largest batch of direct household payments yet during the pandemic. Democrats say that these $1,400 payments, combined with $600 approved in December, fulfill a pledge made late last year to send $2,000 checks to American households. The hope is that the payments can help families cover costs while hundreds of millions of people wait to be vaccinated and return to more normal daily routines.
Read the QuickTake explainer here: [ Ссылка ]
Like this video? Subscribe: [ Ссылка ]
#Stimulus #Biden #Explained
Bloomberg Quicktake is a global streaming news network for a new generation of leaders and professionals. Our coverage spans your whole world, from your career ambitions to your personal passions and larger societal concerns. We provide the insights you need to make sense of the trends and stories changing your business and your world.
Bloomberg Quicktake: Explained brings you the context behind the headlines, helping you see the day's news through the prism of what will matter in the years ahead. Check out our partner channels Bloomberg Quicktake: Originals for original series and Bloomberg Quicktake: Now for breaking global news.
To watch complete coverage on Bloomberg Quicktake 24/7, visit [ Ссылка ], or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Connect with us!
YouTube: [ Ссылка ]
Breaking News on YouTube: [ Ссылка ]
Twitter: [ Ссылка ]
Facebook: [ Ссылка ]
Instagram: [ Ссылка ]
How to Get Your $1,400 Stimulus Check | Explain This
Теги
$1400 checkstimulus checkhow to get checkstimulus paymentcash payment1400 payments$2000 check$2000Social SecurityBidenBiden checksIRSInternal Revenue Service1.9 trillioncoronavirus billcovid billcovid relief billrelief billBiden covid billquicktakebloombergbloomberg quicktakequicktake explainedbloomberg explainedexplainedexplainexplainernewsworld newsglobal newsnews explaineddocdocumentarymarketsfinancepolitics