The Secretary of the Treasury provides details on the second round of economic stimulus payments

The Secretary of the Department of Finance, Francisco Parés Alicea, today offered a “virtual orientation” on the second round of payments of the economic stimulus approved by the Federal Congress.

You can see the secretary’s explanation here:

Ramón Luis Andino Rodríguez – live

Live Now! 🗣 The Secretary of the Department of Finance, Francisco Parés Alicea and his work team, guide you on the second round of the Economic Impact Payment of $ 600 or possible increase to $ 2,000. Join the conversation with your comments and questions.

Posted by Department of Finance on Tuesday, December 29, 2020

On Monday, Parés Alicea presented to the federal Internal Revenue Service (IRS) the plan to distribute checks on the island, about “10 hours” after President Donald Trump turned his threat to veto legislation and he turned it into law.

The project signed by Trump grants individual checks of $ 600 to most citizens, but the federal House of Representatives approved yesterday to raise them to $ 2,000, as requested by the president.

However, Republican Senate leader Mitch McConnell blocked the measure this afternoon. Independent senator Bernie Sanders said he would block a piece on the Department of Defense budget if the Republican leadership does not include the amendment that was called for by the president.

Ramón Luis Andino Rodríguez - live

Live Now! 🗣 n nThe Secretary of the Treasury Department, Francisco Parés Alicea and his work team, guide you on the second round of the $ 600 Economic Impact Payment or possible increase to $ 2,000. N nParticipate in the conversation with your comments and questions.

Posted by Department of Finance on Tuesday, December 29, 2020

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