The US Treasury offers to send $ 500 billion to the Americans in April

A conference approved coronavirus stimulus package could result in checking your mailbox.


It is increasingly similar that US households will receive stimulation checks in the coming weeks of the US Treasury. TheAssociated press Means that the US Treasury plans to provide 500 billion dollar checks to millions of Americans, the first round arrived from April 6th.

This money is most likely part of a $ 1 billion stimulus package that Congress proposes to help limit the immediateEconomic crisis caused by the coronavirus pandemic.

PresidentDonald Trump and Secretary of the TreasurySteve Mnuchin have worked closely with the speakerNancy Pelosi On an invoice approved by the house that is now with the American Senate. Earlier Wednesday morning, leader of the majority of the SenateMitch McConnell promised to transmit this bill as quickly as possible.

The concrete details of the stimulus have not yet emerged. Important questions remain to be the recipients of the funds approved by the Congress, although experts believe that this will be limited primarily to households or adults.

The American adult population is currently on210 million people. The number of total households in the United States is about128 million.

So what do these figures mean in terms of total amounts of Americans could potentially expect? If the $ 500 billion is divided by adult, the total amount would be about $ 2,380 per person. If it is divided by the household, however, the amount comes to about $ 3,907 per household.

Conventional thinking, at least at least, suggests that checks appear in phases with an initial verification of approximately $ 1,000, assuming the bill under the Chairman.

Why does the government seek to reduce the checks of American citizens? With social distancing and self-quarantine, people do not spend money in bars, restaurants, hotels and trips. As a result, we begin to see massive layouts of hourly employees in closed businesses to limit spread and contain the effects of the coronavirus pandemic. Simply put the coronavirus had a disastrous effect on the global economy and no one has been struck more difficult than the most vulnerable among us.


Categories: Culture
Tags: Coronavirus / News
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