Name: 8 million people could have missed their $1,200 stimulus --- Biden wants to fix that
Brand: marketwatch.com
SKU: marketwatch-com-122
Availability: OnlineOnly

critic

8 million people could have missed their $1,200 stimulus --- Biden wants to fix that

preview

While President Joe Biden presses Congress for a third round of direct financial aid for Americans, he signed an executive order Friday directing the U.S. Treasury Department to do its best to make sure people aren’t missing out on the checks that have already been approved. Now, the Treasury Department says it’s going to reach out and reissue unclaimed payments or encourage the people sitting on the sidelines toThe efforts are meant to reach up to 8 million people who might be missing out on the $1,200 direct payment from the CARES Act that then-President Donald Trump signed in March, according to the Treasury Department. “They’re entitled to those payments but there’s not an easy way for those folks to access them, so we’re making it a priority today to fix that problem and get the relief they’re entitled to,” Biden said Friday afternoon, just before and others The Treasury Department said it will work with the Internal Revenue Service to create “simple options” helping people claim the money. Approximately 8 million people who hadn’t filed taxes have already used the IRS non-filer portal to register for stimulus checks, IRS Commissioner Charles Rettig said at an unrelated talk Thursday. “Hundreds of thousands” of checks and debit cards from the first round of checks haven’t been cashed or activated, the Treasury Department said Friday. Back in the summer, the IRS sent out some payments on debit cards and some people tossed them out, thinking they were In reaction to the order, the Treasury Department said Friday it would also crunch the data on unused payments to see if it can find geographic patterns on where people aren’t using the money and then focus their outreach in these spots. &nbsp; The IRS sent out 160 million payments totaling $270 billion under the CARES Act. Two days after Trump signed the second package of aid in late December authorizing $600 direct payments, the IRS pushed out 147 million payments, worth $142 billion, Rettig said Thursday. The IRS to cut a third round of checks if authorized, Rettig said Thursday, even if it’s in the midst of the upcoming income tax filing season. The IRS will start accepting those returns on Feb 12.‘I am afraid to even look at the total, and have not gone to the site. To make it worse, before this, I was lower middle class, and so are many of the friends who gave money.’SearchVisit a quote page and your recently viewed tickers will be displayed here.Search TickersNo results found

While President Joe Biden presses Congress for a third round of direct financial aid for Americans, he signed an executive order Friday directing the U.S. Treasury Department to do its best to make sure people aren’t missing out on the checks that have already been approved. Now, the Treasury Department says it’s going to reach out and reissue unclaimed payments or encourage the people sitting on the sidelines toThe efforts are meant to reach up to 8 million people who might be missing out on the $1,200 direct payment from the CARES Act that then-President Donald Trump signed in March,...

public

Andrew Keshner

MarketWatch is a website that provides financial information, business news, analysis, and stock market data. Along with The Wall Street Journal and Barron's, it is a subsidiary of Dow Jones & Company, a property of News Corp. Notable contributors include Mark Hulbert and Francine McKenna.

marketwatch.com

Credible

Speculation

Anecdotal Evidence

Generalization

Stacking the Deck

Appeal to Authority

Straw Man

Slippery Slope

Emotional Appeal

Red Herring

False Dilemma

Illogical

Moral Equivalency

Ad Hominem

Correlation w/o Causation

Semantics

Begging the Question

Faulty Analogy

Non Sequitur

Bandwagon

Dogmatism

Failing Occam's Razor

Biased

Pure Opinion

Hit Piece

Racial Bias

National Bias

Religious Bias

Financial Incentive

Political Agenda

Gender Bias

Misused Image/Video

Study Misinterpreted

Mistake

Misused Term

Science Misrepresented

Factual Error

Satire

Surface Level

Lack of Reliable Sources

Sensational

Not Credible

Investigative

Balanced

Well Sourced

Great Context

sports

entertainment

U.S.

international

business

technology

science

culture

politics

media

health

8 million people could have missed their $1,200 stimulus --- Biden wants to fix that

No article scores yet.

CRITIC REVIEWS

PUBLIC REVIEWS