After they found a way to sign the notorious COVID 19 relief bill, the people are starting to wonder – when are they going to be seeing the money on their bank accounts?
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“This historic legislation is about rebuilding the backbone of this country,” Biden said before signing the huge bill. “And giving people in this nation, working people and middle-class folks, the people who built this country, a fighting chance.”
And though Republicans have struggled so hard to oppose the bill, or to at least slow it down, the efforts have been in vain… And the bill did not receive a single Republican vote, neither in the Senate nor in the House.
“President Biden’s spending bill is a classic example of big Democratic overreach in the name of COVID relief. It manages to spend only ~1% on vaccinations and less than 9% on the entire health fight,” Mitch McConnel, the Senate Minority Leader wrote on Twitter. “This is by far one of the worst pieces of legislation I’ve seen in the Senate.”
President Biden's spending bill is a classic example of big Democratic overreach in the name of COVID relief. It manages to spend only ~1% on vaccinations and less than 9% on the entire health fight.
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This is by far one of the worst pieces of legislation I've seen in the Senate. pic.twitter.com/lhU3wPm2kI
— Leader McConnell (@LeaderMcConnell) March 10, 2021
Implementing the bill
However, the bill is ON – and it will offer millions of Americans a new round of payments, which will go “for qualified individuals will be $1,400 per adult and $1,400 per child in homes with up to two children.”
Also, as another rule, “Individuals who make $80,000 or more annually do not qualify for this round of direct payments, nor do heads of households who make $120,000 per year.”
“People can expect to start seeing direct deposits hit their bank accounts as early as this weekend,” White House press secretary Jen Psaki stated at the White House conference this Thursday.
The whole process will take up to a month for sure since there are millions of citizens that need to be checked if they’re eligible. And the electronic payments will go out right away, while the paper checks would, normally, take some more weeks, before being delivered to the mailboxes.
Electronic payments will begin going out right away while paper checks should take several more weeks to be delivered to mailboxes.