Distribution of stimulus checks meant to boost the economy may be delayed due to the President wanting his name printed on them
The distribution of stimulus checks meant to boost the economy in the wake of the coronavirus pandemic may be delayed because President Donald Trump wants to have his name printed on them, thePresident Donald Trump participates in a bill signing ceremony for H.R. 748, the CARES Act , in theKEY FACTS
The Treasury Department on Monday finalized a decision to have Trump’s name appear in the memo line of the $1,200 stimulus checks each American will receive as part of the coronavirus relief bill passed by Congress last month, theEngineers have to make a computer programming change and then test the system in order to insert Trump’s name on the checks, which will take time and likely cause a delay in the first batch of checks, two senior officials told theThis will be the first time a...
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Stimulus Checks: How Washington Can Quickly Pay For Them | What’s AheadSteve Forbes is Chairman and Editor-in-Chief of Forbes Media. Steve’s newest project is the podcast “What’s Ahead,” where he engages the world’s top newsmakers, politicians and pioneers in business and economics in honest conversations meant to challenge traditional conventions as well as featuring Steve’s signature views on the intersection of society, economic and policy. Steve helped create the recently released and highly acclaimed public television documentary, In Money We Trust?, which was produced under the auspices of Maryland Public television. The film was inspired by the book he co-authored, Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It. Steve’s latest book is Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity co-authored by Elizabeth Ames (McGraw-Hill Professional). Steve writes editorials for each issue of Forbes under the heading of “Fact and Comment.” A widely respected economic prognosticator, he is the only writer to have won the highly prestigious Crystal Owl Award four times. The prize was formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate. In both 1996 and 2000, Steve campaigned vigorously for the Republican nomination for the Presidency. Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense. Steve continues to energetically promote this agenda.
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Coronavirus bill stimulus checks will leave out these groupsThe Treasury Department announced Monday that they expect most Americans who are eligible for stimulus checks under the CARES Act to receive payment by the end of April. Several categories of people, however, will not be getting payments.
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How millions of veterans could miss out on coronavirus stimulus checksThe IRS requires eligible households to file a tax return in order to receive their money. But many veterans and their survivors who rely solely on government benefits do not typically have to submit a return.
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