$600 Stimulus Payments Start Tonight
.@USTreasury has delivered a payment file to the @FederalReserve for Americans’ Economic Impact Payments. These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week (1/2)
— Steven Mnuchin (@stevenmnuchin1) December 29, 2020
Paper checks will begin to be mailed tomorrow. Later this week, you can check the status of your payment at https://t.co/pFBzGzK8mD. (2/2)
— Steven Mnuchin (@stevenmnuchin1) December 29, 2020
Paper checks will begin to be mailed tomorrow. Later this week, you can check the status of your payment at the IRS site Get My Payment.
Unprecedented Speed
The US Treasury issued this Press Release.
Today, the Treasury Department and the Internal Revenue Service will begin delivering a second round of Economic Impact Payments to millions of Americans as part of the implementation of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021. The initial direct deposit payments may begin arriving as early as tonight for some and will continue into next week. Paper checks will begin to be mailed tomorrow, Wednesday, December 30. This second round of payments will provide critical economic support to those who, through no fault of their own, have been adversely impacted by the COVID-19 pandemic.
“Treasury and the IRS are working with unprecedented speed to issue a second round of Economic Impact Payments to eligible Americans and their families,” said Secretary Steven T. Mnuchin. “These payments are an integral part of our commitment to providing vital additional economic relief to the American people during this unprecedented time.”
This second round of payments will be distributed automatically, with no action required for eligible individuals.
Upping to $2,000 is Unlikely
The Wall Street Journal reports McConnell Blocks Vote on Bigger Stimulus Checks
Senate Majority Leader Mitch McConnell moved to derail efforts to quickly pass larger stimulus checks for many Americans, blocking Democrats’ call for a stand-alone vote on the payments sought by President Trump but opposed by most Republicans.
The Kentucky Republican said the Senate would address Mr. Trump’s demands to boost the size of the checks to $2,000 from $600, but tie them to two other of the president’s concerns that lack bipartisan support: changes to online-speech rules and his complaints about purported election fraud. He took steps to put all three items into one bill, without scheduling a vote.
“This week the Senate will begin a process to bring these three priorities into focus,” Mr. McConnell said.
Democrats said Mr. McConnell’s decision to attach the checks to contentious issues was designed to sink the effort for bigger payments.
Such a bill “will not pass the House and cannot become law—any move like this by Sen. McConnell would be a blatant attempt to deprive Americans of a $2,000 survival check,” said Senate Minority Leader Chuck Schumer (D., N.Y.).
Smart Move by McConnell
McConnell lumped all of Trump’s “demands” into one package in a way neither the House nor Senate will approve the bill.
Thus, McConnell gives Trump the vote Trump wants but in a way that Democrats or Republicans or both will kill it, possibly by debating it to death.
Curiously, McConnell’s maneuver is similar to a pocket veto option that Trump had in play on the $600 checks.
The kill date is Noon on January 6. All pending legislation dies because Congress adjourns.
Mish
$600 is equivalent to 30 Big Mac Value Meals Go Large. What a treat!
McConnell killed many low income, middle-class families.
Now Ireland…
Ireland’s premier Micheal Martin has announced that the country “must return to full-scale Level 5 restrictions for at least one month”
When your only tool is a hammer, everything looks like a nail!
Where do Joe Manchin and Susan Collins stand on 3rd stimulus? Georgia races are now a tossup especially after the McConnell fiasco. Majority Leader Schumer in a few weeks?
As a result of the new more-transmissible variant in Britain, 3/4 of their population, as of this morning, have been placed into Tier 4 lockdown.
This is where the phrase “hair on fire” with respect to vaccines and prevention measures apply.
If you haven’t figured out yet, as goes the covid, there goes the economy.
Germany hit 1,000 dead in the last 24 hours.
…“Treasury and the IRS are working with unprecedented speed to issue a second round of Economic Impact Payments to eligible Americans and their families,” said Secretary Steven T. Mnuchin….
You know what needs to be done at unprecedented speed?
The vaccine.
Right now.
NBC News…Operation Warp Speed at a crawl: Adequately vaccinating Americans will take 10 years at current pace…
Our president says, “Not my problem”.
At the end of the day Republicns want a weak 2021 economy now that a Democrat is in the white house.
The 1st & 2nd years of a presidency are often weak according to the presidential cycle.
Wishing for a drop would be self-defeating for the Republicans — by the time 4 years is up, the comparison would almost always show a positive result. They should be hoping for a roaring economy in 2021 that Trump can take credit for and then a large drop in the next 2 years – large enough that the Dems get the credit for that and it doesn’t leave memory.
This is not – just to be clear – what I am wishing for. It is, however, what might lead to a 1-term presidency.
Game, set, match. Trump is done….too bad the $2K checks are gonna get killed, but I expect there will be more helicopter money before this is done.
Caesar is dead. Who is Brutus? Who will be Antony and who will be Augustus?
Trump is Commodus. Caesar was at least a great general.
Pompeo thinks he’s Octavian..but so does Ted Cruz.
They are possibly in a triumvirate with a third man. If history holds true the third man is the one with the money, the big money, and is the last to be revealed.
If history holds, we’re all in deep doo-doo.
I will say that Trump’s supporters remind me of Julius Caesar’s……
I come to bury Caesar, not to praise him.
The evil that men do lives after them;
75The good is oft interrèd with their bones.
So let it be with Caesar. The noble Brutus
Hath told you Caesar was ambitious.
If it were so, it was a grievous fault,
And grievously hath Caesar answered it.
80Here, under leave of Brutus and the rest—
For Brutus is an honorable man;
So are they all, all honorable men—
Come I to speak in Caesar’s funeral.
He was my friend, faithful and just to me.
85But Brutus says he was ambitious,
And Brutus is an honorable man.
While Trump is far from done, Loeffler and Purdue may be done, thanks to Trump. Trump no doubt has a lot more tricks up his sleeve, and will destroy more things before he is done. Notably, the “wild protests”, not to be confused with “peaceful protests” may be the start of considerable additional damage.
Putin is reaching out to Biden and hopes to have better relations than with Trump.
Russian President Vladimir Putin has written to US President-elect Joe Biden to wish him a happy new year, and expressed confidence that they would soon work together to build improved relations “in the spirit of equality.”
Former Vice President Biden will be sworn in as president on January 20, replacing Trump in the White House. During the latter’s four-year-term, the Washington-Moscow relationship has deteriorated significantly, and the Kremlin is keen to improve cooperation between the two capitals
So apparently the Dem candidates are now in the lead in Georgia, following Mitch’s move. Can’t really see how smart this move is if it leads to republicans losing the senate, since that would mean the $2000 will likely get passed eventually.
$2000 and more. It will probably be a good year for stocks and housing and bitcoin if the Dems take control.
It was Trump’s move that assured the Democrats would pull ahead. Now, suddenly, rather that being grateful for $600, the people feel cheated. Trump is no Republican. He’s been sabotaging the Republican Party for four years, and this, I have to say, was his coup de grace.
Well, Democratic senators are in the lead now in Georgia after Mitch’s move. So you might end up with those $2000 checks after all, just not with republicans in control of the senate.
sorry for the double post. Didn’t realize this went through
FWIW:
My household didn’t lose any income this year.
I can’t spend a stimulus check on a business that is closed.
We will likely be donating our stimulus check to our local food bank, whether it’s $600 or $2k per person.
Rather than trying to boost the check from $600 to $2000, a real leader would be using the bully pulpit to encourage people to do exactly this. There are many people who have not been hurt economically, obviously, or retail sales would not have been up over last year. There are people that are hurting, and everyone who is not should help those who are.
As one of the first to receive this $600 slap in the face, it only validates the ignorance of Trumpism & Repulican’ts! I spend 10 hours six days a week packing food for the many hungary, homeless & tired of BS crony Trumpism!.
They should learn how to hunt. Become Hunters & Gathers like their ancestors instead of waiting in lines for handouts.
I agree. There was no reason to send out the $600. Some people need more, while others don’t need it at all. With retail sales setting a record, obviously, the economy overall is fine. They should have taken the same dollars and found a better way to target the money to the people who need help.
Dems should pass Mitch’s bill.
$2k checks
Without 230, Twitter would drop Trump faster than a Newsmax Dominion retraction.
Set up a closed door panel to investigate alleged election fraud and conclude that there is no credible evidence of any fraud that would have changed the election.
Looks like a loser trifecta for Trump to me. Guess he’s not tired of losing in increasingly spectacular ways.
Maybe they can schedule the election fraud commission report to be released with the Durham investigation report, which just so happens to be scheduled for after he drops his healthcare plan (two weeks in perpetuity).
I agree completely. Scuttling 230 will kill the conspiracy crap that’s all over the Internet. It would actually destroy the Republican Party.
Etc. 2k and 230 repeal are good for da people bad for the fascists. All the way with DJT. Give him what he thinks he wants
Without section 230, there is no Twitter, no Facebook, no YouTube, no social media of any kind.
“Without section 230, there is no Twitter, no Facebook, no YouTube, no social media of any kind.”
Oh. Darn.
“Without section 230, there is no Twitter, no Facebook, no YouTube, no social media of any kind.”
BS. Just most of the junk will be gone.
Yes, but it depends on how they repeal. If they did a temporary repeal for 3 weeks, all social media would just shut down and run out the clock. If the repeal was permanent, there would be so many changes, you probably wouldn’t recognize them.
Black & White Trumpism shake up!
On January 5, 2021 the two new seats won by Jon Ossoff & Raphael Warnock in another victorious dismantling of Trumpism starts the mending of the lost global respect of our unUnited States caused by Trump and his Kool aid drinking media enablers like shitweasels Bullitt Bartifomo, Hatchet head Hannity, Rush Lamebaugh & political enablers that have their moral compass setting impaired, The gig is up and the silent majority has been woken and will continue to prevail or our future as economic superpower will undoubtedly fail with the current divisiveness!..
Nice sentiment. But as long as there is institutionalized voter suppression, the silent majority will remain silent (and if the last two elections are any indication, it is a very small majority).
Ah, restoration of the lost respect — forget about it.
Seen the new revelations from the Ukraine yesterday?
Nobody is listening to corrupt lying racket-ridden America.
Shooting will not help.
The two Dems running in Georgia should start running ads of Mitch refusing an up or down vote and tie their opponents to him.
That was the whole point of Trump’s demand for $2000, to see to it that there were two Democrats elected from Georgia, and to make McConnell into the Minority Leader. Trump is pissed at McConnell for congratulating Biden, and Trump wants to crush McConnell. McConnell skillfully avoided the excess spending Pelosi wanted, so Trump had to try to take away that achievement.
I’m going to send Mitch a note when I get my check:
Thanks for the tires!
Show a little decorum dude!
I’m supposed to decorate something?