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IRS Announces Third Batch of Stimulus Checks, Including Large Set to Social Security Beneficiaries

IRS Announces Third Batch of Stimulus Checks, Including ‘Large Set’ to Social Security Beneficiaries The Internal Revenue Service (IRS) said federal agencies have started disbursing a third batch of stimulus checks, with a large set of payments this time around going to Social Security and other federal beneficiaries, after reports that some people in this category experienced delays. The IRS, along with the Treasury Department and the Bureau of Fiscal Service, said in a release that the third batch will provide more than $10 billion in more than 4 million payments, including around 2 million in direct deposit and 2 million in paper checks. When all the funds in this batch have been doled out, it will bring the total disbursed so far under the most recent relief bill the American Rescue Act to more than 130 million payments worth around $335 billion.

Build America Bonds to be in Biden infrastructure plan, U S House Ways & Means chair says

2 Min Read FILE PHOTO: U.S. House Ways and Means Committee Chairman Richard Neal (D-MA) speaks to reporters as House Democrats hold a news conference ahead of the final House passage of the Biden administration s $1.9 trillion coronavirus disease (COVID-19) relief bill on Capitol Hill in Washington, U.S., March 9, 2021. REUTERS/Joshua Roberts/File Photo (Reuters) -Federally subsidized Build America Bonds will return as part of President Joe Biden’s $2 trillion-plus infrastructure package, the chairman of the House of Representatives Ways and Means Committee said on Thursday. Richard Neal, a Democrat who will play a key role in shaping legislation for the plan, said he obtained assurances from U.S. Treasury Secretary Janet Yellen that the bonds, along with certain tax credit measures, will be included.

Biden Infrastructure Plan Faces Test in Congress

Biden Infrastructure Plan Faces Test in Congress
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