- The latest stimulus check update from the Biden administration, which has proposed a new round of direct payments that includes $1,400 stimulus checks, is that he's requiring the Treasury Dept. to send out stimulus checks faster to eligible recipients.
- Congress still needs to vote on and approve President Biden's $1.9 trillion "American Rescue Plan," which includes the new stimulus checks.
- Use the calculator below to estimate the size of your new stimulus check under the terms of this plan.
The Biden administration is still settling in after the presidential inauguration on Wednesday, but already it's gearing up for what will be one of the most important legislative priorities of the first 100 days -- passing an economic rescue package to help the battered economy recover from the shock of COVID-19. "The American people can't afford to wait, and so many are hanging by a thread," Brian Deese, Biden's economic advisor, told news outlets in a briefing on Thursday. Meantime, those news outlets as well as millions of Americans are awaiting a stimulus check update, since President Biden has pledged that a third round of direct payments will be a major part of his ambitious economic agenda right out of the gate.
Along those same lines, President Biden planned a flurry of new measures Friday, including an order mandating that the Treasury Dept. get stimulus checks sent out much faster to eligible people who haven't received them yet. And while the new round of stimulus checks he's pushing for has not been approved yet by Congress, you can already make an educated guess about the size of your own forthcoming payment.
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This stimulus check calculator will help predict the size of your check from Biden originally appeared on BGR.com on Fri, 22 Jan 2021 at 14:29:09 EDT. Please see our terms for use of feeds.