Biden’s $1.9 Trillion Challenge: End the Coronavirus Crisis Faster (New York Times)

New York Times: Biden’s $1.9 Trillion Challenge: End the Coronavirus Crisis Faster. “The Biden administration, with hundreds of billions of dollars to spend to end the Covid crisis, has set a series of aggressive benchmarks to determine whether the economy has fully recovered, including returning to historically low unemployment and helping more than one million Black and Hispanic women return to work within a year. But restoring economic activity, which was central to President Biden’s pitch for his $1.9 trillion stimulus package, faces logistical and epidemiological challenges unlike any previous recovery.”

Route Fifty: When State and Local Governments Can Expect to Receive Stimulus Funds

Route Fifty: When State and Local Governments Can Expect to Receive Stimulus Funds. “It could be weeks before state and local jurisdictions begin receiving payments from the federal government as part of a $350 billion direct aid program included in the massive coronavirus relief bill passed this month. Local governments are likely to begin receiving money before states, due to stipulations in the American Rescue Plan Act. The Treasury Department has 60 days from the law’s enactment to release the first tranche of funding to cities and counties—in this case a mid-May deadline.”

Mother Jones: People Like Money

Mother Jones: People Like Money. “Do you remember when Barack Obama gave Americans $400 of stimulus money to help them get through the Great Recession? Neither do I. Sadly, that was by design. Democrats, high on a supply of Cass Sunstein nudge-ism, didn’t want you to know they were sending you money. A decade and a reality television president later, Democrats have realized that a little garishness goes a long way. On Thursday, President Joe Biden signed a $1.9 trillion stimulus bill. Two days later, people are getting their $1,400 direct deposits from the IRS. One of the few good things on Twitter right now are the posts about the ‘stimmy’ coming from a president who has been labeled MoneyBaggJoe.”

The Cut: ‘How I’m Spending My Stimulus Check’

The Cut: ‘How I’m Spending My Stimulus Check’. “The Biden administration’s newly passed pandemic aid bill will provide stimulus checks of up to $1,400 per qualifying person (individuals who make $80,000 or less, couples who make under $160,000, and single parents who make up to $120,000). It will also provide those households with up to $1,400 per dependent. For the millions of Americans who have lost income due to COVID, this will provide at least some relief. For others, it will help meet needs that they would otherwise struggle to afford. Here’s what six different women are planning to spend their checks on.”

The road show begins: VP Harris, Jill Biden promote aid plan (AP)

AP: The road show begins: VP Harris, Jill Biden promote aid plan. “From a vaccination site in the desert West to a grade school on the Eastern seaboard, President Joe Biden’s top messengers — his vice president and wife among them — led a cross-country effort Monday to highlight the benefits of his huge COVID relief plan. Biden, Vice President Kamala Harris and their spouses have launched an ambitious tour this week to promote the $1.9 trillion plan as a way to battle the pandemic and boost the economy.”

HuffPost: The New Stimulus Payments Aren’t Protected From Debt Collectors

HuffPost: The New Stimulus Payments Aren’t Protected From Debt Collectors. “Debt collectors can take away some of the $1,400 coronavirus relief payments Congress approved last week as part of the American Rescue Plan. The $600 payments that Congress approved in December were protected from garnishment ― but the special rules that Democrats used to pass the latest bill did not allow them to include the protections this time, according to Sen. Ron Wyden (D-Ore.).

CNN: This startup is giving customers early access to billions in stimulus checks

CNN: This startup is giving customers early access to billions in stimulus checks. “Big-bank customers complained over the weekend about how their $1,400 stimulus payments were still pending in their bank accounts. Those payments may not arrive until Wednesday, nearly a week after President Joe Biden signed the historic $1.9 trillion economic relief package into law. Newbies in the banking space are moving much faster.”

NBC News: Whether struggling or thriving, odds are you’re getting some stimulus cash

NBC News: Whether struggling or thriving, odds are you’re getting some stimulus cash. “The average household can expect $3,000 in direct tax benefits, according to an analysis by the nonpartisan Tax Policy Center, and about $6,000 if they have children. That doesn’t include the law’s boost to subsidies to buy insurance through the Affordable Care Act or its $300 weekly bump in unemployment pay.”

IRS: IRS Statement – American Rescue Plan Act of 2021

IRS: IRS Statement – American Rescue Plan Act of 2021. “The IRS is reviewing implementation plans for the newly enacted American Rescue Plan Act of 2021. Additional information about a new round of Economic Impact Payments, the expanded Child Tax Credit, including advance payments of the Child Tax Credit, and other tax provisions will be made available as soon as possible on IRS.gov. The IRS strongly urges taxpayers to not file amended returns related to the new legislative provisions or take other unnecessary steps at this time.”

COVID relief bill: Debunking the misinformation about the plan (CNET)

CNET: COVID relief bill: Debunking the misinformation about the plan. “President Joe Biden on Thursday signed his American Rescue Plan, which includes a third round of stimulus checks, an increase to the child tax credit and extended unemployment benefits. With a price tag of $1.9 trillion, it’s just shy of the $2.2 trillion CARES Act that was passed last March when the coronavirus pandemic triggered shutdowns across the US. Polls show people overwhelmingly support Biden’s plan, but there’s already a wealth of misinformation on social media declaring that this bill is a ‘heist’ and won’t help Americans. Those claims are false. So let’s clear up the confusion and inaccurate information about the COVID relief bill.”