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U.S. Treasury Has Sent Out $242 Billion in Stimulus Checks So Far

From bnnbloomberg.ca

The Treasury Department and Internal Revenue Service have distributed more than half of the $410 billion in stimulus payments to individuals that Congress approved earlier this month. The $242 billion in payments disbursed so far have gone to approximately 90 million households, according to a statement from the Treasury Department Wednesday. The first round $1,400 payments were mostly sent by direct deposit, which some recipients started receiving this past weekend, the statement said. Some payments appeared starting last Friday, but the official payment date is Wednesday, so some individuals may not have been able ... (full story)

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