President Joe Biden signed into law a third round of direct stimulus transfers in less than a year, meaning that most Americans can expect another cash infusion in the coming weeks.
The Internal Revenue Service has begun sending more than $410 billion in payments to low- and middle-income households, the largest batch of direct household assistance yet during the pandemic. Democrats say that these $1,400 checks, combined with $600 approved in December, fulfill a pledge made late last year to send $2,000 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.
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