What You Should Do With Your $1,400 Stimulus Check

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  • Bloomberg Quicktake: Now published this video item, entitled “What You Should Do With Your $1,400 Stimulus Check” – below is their description.

    The U.S. Congress is slated to approve the third round of direct stimulus payments in less than a year, meaning that most Americans can expect another cash infusion in the coming weeks.

    Once President Joe Biden signs the measure into law, the Internal Revenue Service will send more than $410 billion to low- and middle-income households, the largest batch of direct household payments yet during the pandemic.

    Democrats say that these $1,400 payments, combined with $600 approved in December, fulfill a pledge made late last year to send $2,000 checks 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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