President Biden and Congressional Democrats passed the $1.9 trillion 2021 American Rescue Plan without a single Republican vote. Included in the plan are a new round of federal stimulus checks for most taxpayers, new funding for small business grants and state and local governments, and expanded tax breaks for families with children.
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The White House is wasting no time spending the newly authorized funds. For taxpayers who receive their tax refund by direct deposit, stimulus checks began arriving in accounts last week and will continue to be processed in the coming weeks.
You can check the status of your stimulus payment online at the IRS website.