Current Events > 1,200 dollars will be given to Americans this week :O

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ZannoL
04/06/20 6:11:54 PM
#1:


https://money.yahoo.com/coronavirus-stimulus-checks-175-million-americans-will-start-receiving-funds-172107552.html

An estimated 175 million Americans will get stimulus checks with the first payments going out this week or next, according to Larry Kudlow, director of the U.S. National Economic Council.

The payments, worth up to $1,200 plus additional $500 per child, are intended to help Americans financially weather job loss, reduced work hours, and other money challenges as large swaths of the country are shut down to curb the coronavirus outbreak.

"The checks from the Treasury and the IRS [will] probably start going out, I think this week, perhaps early next," Kudlow told CNBC.
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cuttin_in_farm
04/06/20 6:13:08 PM
#2:


Sweet. Lines up with my paycheck.

And my job gave a bonus for sticking out the transition to working from home. Extra $2200 for no reason lol.

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Alexanaxela
04/06/20 6:13:58 PM
#3:


"probably"
"i think"
"perhaps"

uhm...
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MonkeyBones23
04/06/20 6:14:35 PM
#4:


While I love free money, I still don't get how there isn't some sort of monthly payment being made here. 1200 is not going to help the people who need it most in the long run.

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Irony
04/06/20 6:14:41 PM
#5:


I'll believe it when I see it in my account

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HagenEx
04/06/20 6:14:47 PM
#6:


Help a non-american brother out, send me some.

lol.

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SaltyWet
04/06/20 6:15:26 PM
#7:


MonkeyBones23 posted...
While I love free money, I still don't get how there isn't some sort of monthly payment being made here. 1200 is not going to help the people who need it most in the long run.
Because nobody voted for Yang.

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Balrog0
04/06/20 6:15:38 PM
#8:


Almost certainly not this week from what I'm hearing. Even next week is optimistic, though definitely possible depending on how they batch out the checks.

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Balrog0
04/06/20 6:16:40 PM
#9:


MonkeyBones23 posted...
While I love free money, I still don't get how there isn't some sort of monthly payment being made here. 1200 is not going to help the people who need it most in the long run.

The CARES Act also included a big increase in unemployment benefits, which are weekly

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LastTomorrow
04/06/20 6:18:54 PM
#10:


2/3 will go into paying my loans

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kingdrake2
04/06/20 6:27:00 PM
#11:


MonkeyBones23 posted...
1200 is not going to help the people who need it most in the long run.


it's a start. sure would help me alot but for others it barely does anything.
i got denied on low housing but not bumped. just gotta wait a bit longer.

if i'm still on the list i can be happy for that. still have a chance.
they had to give priority to someone else which is okay they need it more than i do.
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cmiller4642
04/06/20 6:27:49 PM
#12:


Hide the money y'all there's poor people around!
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bknight
04/06/20 6:32:54 PM
#13:


Nothing like giving people "free" money to get them out there and shopping in the next 7-15 days, aka, the projected worse time of the outbreak.
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kingdrake2
04/06/20 6:38:56 PM
#14:


bknight posted...
the projected worse time of the outbreak.


best ending: shops open in a month and a half
good ending: shops open in 2 months time
bad ending: shops don't open till july.

too soon to see what the outcome will be.
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Dark_SilverX
04/06/20 6:39:24 PM
#15:


Our Commander in Chief. Gotta love and bless this man.

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pres_madagascar
04/06/20 6:46:42 PM
#16:


I'm still working at work, but this money will still help me out.

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hyperpowder
04/06/20 6:47:52 PM
#17:


This is 1200 per month this is going right?

With a 180 hours PTO plus vacation i should make over 10k these next two months without even working, dope.

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Malcrasternus
04/06/20 6:48:48 PM
#18:


How is it deposited?

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DirkDiggles
04/06/20 6:50:16 PM
#19:


hyperpowder posted...
This is 1200 per month this is going right?

Nope. A one time payment.

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DirkDiggles
04/06/20 6:50:47 PM
#20:


Malcrasternus posted...
How is it deposited?

However you filed taxes with.

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TheBlueMonk_
04/06/20 6:51:35 PM
#21:


okay so this gets us through to june. what about after that? the job market aint exactly great right now.

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pres_madagascar
04/06/20 7:23:31 PM
#22:


TheBlueMonk_ posted...
okay so this gets us through to june. what about after that? the job market aint exactly great right now.
$1200 will last you until June?

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Antifar
04/06/20 7:24:21 PM
#23:


hyperpowder posted...
This is 1200 per month this is going right?

No.
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Solid Snake07
04/06/20 7:26:19 PM
#24:


MonkeyBones23 posted...
While I love free money, I still don't get how there isn't some sort of monthly payment being made here. 1200 is not going to help the people who need it most in the long run.


The people who need it the most were laid off and will be getting an extra 2400 a month from their unemployment claims

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Arcanine2009
04/06/20 7:27:27 PM
#25:


meanwhile canadians are getting $2000 a month for 4 months

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pres_madagascar
04/06/20 7:28:13 PM
#26:


Arcanine2009 posted...
meanwhile canadians are getting $2000 a month for 4 months
Canada also has SIGNIFICANTLY less people than America.

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Zack_Attackv1
04/06/20 7:28:56 PM
#27:


Moneh! How much would make you happeh?!
You can have it aaaaaaall if it'll suit you right!
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itachi15243
04/06/20 7:29:27 PM
#28:


I cant wait to build a new CPU along with get a new tv and a guitar with this and a little bit more I have saved up right now.

Definitely going to be hard though, trying to get at least 2/3 if not all only only though

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Balrog0
04/06/20 7:41:53 PM
#29:


Arcanine2009 posted...
meanwhile canadians are getting $2000 a month for 4 months

That's only to the unemployed. Our expansion of UI is more generous at $2400/mo

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Irony
04/06/20 8:09:43 PM
#30:


Where money

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ScazarMeltex
04/06/20 8:11:06 PM
#31:


Balrog0 posted...
The CARES Act also included a big increase in unemployment benefits, which are weekly
That still hasn't kicked in yet. The wheels of Government grind slowly.

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SONIC_305
04/06/20 8:13:05 PM
#32:


Will I still be eligible if I filed both last year and this year but did not receive money yet for this year due to them putting it under review that I have to send them my checks/ ID info/etc. To receive my tax money :/

Hope not if its ends up true.

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mach25687
04/06/20 8:14:15 PM
#33:


SONIC_305 posted...
Will I still be eligible if I filed both last year and this year but did not receive money yet for this year due to them putting it under review that I have to send them my checks/ ID info/etc. To receive my tax money :/

Hope not if its ends up true.
You should be good. The only way you won't get the money other than 75,000 rule is that you have Child support payment.

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Balrog0
04/06/20 8:17:58 PM
#34:


ScazarMeltex posted...
That still hasn't kicked in yet. The wheels of Government grind slowly.

True. The DOL only released guidance today. It's retroactive fwiw

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ScazarMeltex
04/06/20 8:21:32 PM
#35:


Balrog0 posted...
True. The DOL only released guidance today. It's retroactive fwiw
That's nice at least. I've already been off for one week, and I'll be basically working every other week for the foreseeable future.

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SONIC_305
04/06/20 9:11:30 PM
#36:


mach25687 posted...
You should be good. The only way you won't get the money other than 75,000 rule is that you have Child support payment.
Thank you. I guess I shouldn't have worried lol

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Trumpo
04/06/20 9:15:07 PM
#37:


20 weeks if don't have direct deposit with the IRS
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SilkPanties
04/06/20 9:18:02 PM
#38:


HagenEx posted...
Help a non-american brother out, send me some.

lol.

Here here!

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Roxborough4Ever
04/06/20 9:19:12 PM
#39:


Alexanaxela posted...
"probably"
"i think"
"perhaps"

uhm...

i NEED to find a way to shit talk TRUMP over this one.........

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Kombucha
04/06/20 9:21:16 PM
#40:


Trumpo posted...
20 weeks if don't have direct deposit with the IRS

I've heard they are opening a portal on the IRS website to input banking information. However, the unbanked are still fucked.

Edit: I hate making baseless claims so here's a link.

https://www.businessinsider.com/personal-finance/turbotax-online-portal-stimulus-check-direct-deposit-2020-4

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PatrickMahomes
04/06/20 9:21:25 PM
#41:


Can't wait to upgrade some furniture when IKEA reopens. Need a better coffee table and an actual TV stand. Currently using one of those bills mafia-esque foldout tables because my new TV is too wide to fit on my current TV stand.

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nevershine
04/06/20 9:37:55 PM
#42:


whats the population of America? does everyone get one?

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Houston
04/06/20 9:46:03 PM
#43:


I'm pretty angry the fake news hasn't been covering these details as much, but I guess that's to be expected. It's really leaving quite a few people in the dark, but I guess maybe they should be left in the dark if they haven't even been trying to keep up with anything? It only hurts people, though, which I don't like. There's really a whole host of things in this stimulus bill that will help so many people. You would think popular news websites would be blasting the benefits to try to help as many people as possible.

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pres_madagascar
04/06/20 9:53:20 PM
#44:


nevershine posted...
whats the population of America? does everyone get one?
300+ million total. Everyone making less than 78k gets one

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Overd0s
04/06/20 9:53:34 PM
#45:


SaltyWet posted...
Because nobody voted for Yang.
I voted

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SamsungGearS2
04/06/20 9:55:10 PM
#46:


It's nice to see my tax dollars are being put to such good use. /s

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AzurexNightmare
04/06/20 10:21:06 PM
#47:


Alexanaxela posted...
"probably"
"i think"
"perhaps"

uhm...
I'm so sick of that crap. If you people don't know, who the fuck does?

I need my fucking computer mother fuckers

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AzurexNightmare
04/06/20 10:22:48 PM
#48:


Balrog0 posted...
Almost certainly not this week from what I'm hearing. Even next week is optimistic, though definitely possible depending on how they batch out the checks.
Thank you for providing accurate information from a totally not mysterious and invisible source

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AzurexNightmare
04/06/20 10:26:51 PM
#49:


mach25687 posted...
You should be good. The only way you won't get the money other than 75,000 rule is that you have Child support payment.
Legal sex workers don't get it either

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Crazyman93
04/06/20 10:36:47 PM
#50:


MonkeyBones23 posted...
While I love free money, I still don't get how there isn't some sort of monthly payment being made here. 1200 is not going to help the people who need it most in the long run.

Well there would have been monthly payments but Pelosi had to fund the Kennedy Center for the Arts.
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