White House: $1.4K stimulus checks to hit bank accounts as early as this weekend
UPDATED 8:31 AM PT – Friday, March 12, 2021
The White House said coronavirus stimulus checks are set to hit Americans’ bank accounts as early as this weekend. While speaking at a briefing Thursday, press secretary Jen Psaki outlined the payment schedule for the disbursement of the $1,400 checks that were approved in the American Rescue Plan.
At least one million Americans should receive funds by March 17. Meanwhile, paper checks and prepaid visa debit cards will be sent through April.
“This is, of course, just the first wave, but people will start, some people in the country will start seeing those in direct deposits in their bank accounts this weekend,” Psaki stated. “And payments to eligible Americans will continue throughout the course of the next several weeks.”
US Family of 6 w/ Income of $150k…
1st Stimulus Check: $4,400
2nd Stimulus Check: $3,600
3rd Stimulus Check: $8,400
What if they didn’t lose their job/income during pandemic? Not a factor – get the full amount.
How are we paying for this?
Debt, debt, debt… pic.twitter.com/OMTerTiiLl
— Charlie Bilello (@charliebilello) March 12, 2021
This is the third payment to go out as taxpayers are struggling to make ends meet under Democrat-led lockdown orders.