US Treasury issued more than 156M payments for coronavirus relief plan

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The Treasury Department has announced this Wednesday that more than 156 million payments have been issued as part of President Biden’s coronavirus relief plan, this included 25 million payments that were primarily to Social Security beneficiaries who hadn’t filed 2019 or 2020 tax returns.

Today’s batch of payments showed that Biden’s Administration would go beyond IRS fillings to get out the money to residents since it has included payments to Social Security recipients who had not submitted tax returns for the past two years and didn’t use last year for non-filers to receive the two previous rounds of direct payments. 

Roughly $372 billion had been paid out since March 12, a sum that likely boosted hiring last month as Americans had more money to spend.

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