INSIDER
130M Americans receive economic impact payments amid coronavirus pandemic
Read full article: 130M Americans receive economic impact payments amid coronavirus pandemicWASHINGTON – The U.S. Department of the Treasury and IRS released figures on the current status of U.S. economic impact payments on Friday. The federal government is providing economic impact payments -- also known as stimulus payments -- to residents in response to financial hardships faced by Americans amid the coronavirus (COVID-19) pandemic. Officials expect to deliver more than 150 million payments in total. The Treasury released a document that shows the number of economic impact payments provided within each state and their total dollar amounts. The document says 4,081,884 payments have been distributed among Michiganders amid the pandemic, totaling $7,045,417,642 as of Saturday.
State officials: Stimulus payments will not affect public assistance benefits
Read full article: State officials: Stimulus payments will not affect public assistance benefitsDETROIT – The Michigan Department of Human Services announced Wednesday that income from federal stimulus payments will not affect eligibility for public assistance benefits such as food assistance. Stimulus checks also will not reduce the amount of public assistance benefits that anyone receives. We don’t want them to worry about losing other benefits as a result of the stimulus payments.”Stimulus payments will not affect any of the following public assistance benefits:Food Assistance Program benefits under the Supplemental Nutrition Assistance Program (SNAP). Cash assistance under the Family Independence Program or Refugee Cash Assistance program. Click here to visit the 2020 Coronavirus Stimulus Payment website.