Don’t expect your coronavirus stimulus check from the Trump administration until May

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The US Senate has now put the finishing touches on a $2 trillion coronavirus-related stimulus plan that includes the Trump administration sending out recovery rebates to affected Americans in the form of $1,200 and $2,400 checks.
The checks are a result of the novel coronavirus impact on the economy, which has been profound and left millions of Americans with no income right now as a result of business closures or their hours being dramatically cut back.
The checks are expected to go out in May.
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As expected, federal lawmakers have now finished hashing out the details of a massive, $2 trillion stimulus deal meant to provide a salve for some of the disastrous economic consequences of the novel coronavirus outbreak in the US. Among the most important components of the plan are the direct checks providing emergency cash from the Trump administration that will be sent out to Americans, to quickly put money back in the pockets of people who’ve been laid off or seen their hours cut as a result of us all being forced to hunker down at home because of the spread of the virus.

Per the terms of the stimulus plan, single Americans would get $1,200 while married couples get $2,400, with parents also getting an additional $500 for each of their children under the age of 18. And while that might sound like welcome news to Americans left fraught with anxiety about the future because of the damage this virus has caused, don’t celebrate just yet — it’s likely those checks won’t start going out until May, based on past precedence.

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Don’t expect your coronavirus stimulus check from the Trump administration until May originally appeared on BGR.com on Wed, 25 Mar 2020 at 13:53:00 EDT. Please see our terms for use of feeds.