Treasury presents to the IRS the draft distribution plan for the new $ 600 check

The secretary of the Department of Finance, Francisco Parés, Confirmed Monday that the agency filed with the U.S. Internal Revenue Service (IRS) a draft of the $ 600 check distribution plan for most citizens. which includes the new federal economic stimulus.

“We have just settled before the @IRSnews the draft of the Distribution Plan of the 2nd round of Economic Impact Payments “, Claimed the official through his Twitter account.

# Update | We just settled in front of him @IRSnews the draft of the Distribution Plan of the 2nd round of Economic Impact Payments.

Now this draft will go through a review of this instrumentality and, subsequently, of the @USTreasury.

– Francisco Parés Alicea (@SecHacienda) December 28, 2020

Parés explained that the draft will go through an IRS review and will subsequently be evaluated by the U.S. Treasury Department.

About when Treasury would receive approval of the plan, the official said last night through the same social network that “The key will be how fast the @USTreasury we approve the Distribution Plan. “” For first aid it took 36 days after the date of signing the CARES Act, a record compared to the time it took to agree on other programs in previous four years. “, Added.

the president Donald Trump signed last night the economic stimulus bill that also includes allocations for the remainder of federal fiscal year 2021 and insures an additional $ 300 weekly for unemployment.

Although the checks citizens would receive would be $ 600, Trump hopes to increase that amount to $ 2,000.

.Source

Share this:

Related