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.