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COVID-19 checks

COVID-19

How we spent our relief checks

by Nancy Marshall-Genzer
May 20, 2020
Economists at four universities studied the spending habits of about 1,600 middle and low-income consumers who got $1,200 direct payments. The money was spent on necessities like rent and food.
People shop at a Los Angeles grocery store. Americans spent their stimulus checks on the essentials, like rent and groceries.
Mario Tama/Getty Images
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COVID-19

What House Democrats have proposed for a new COVID-19 stimulus bill

by David Brancaccio , Scott Tong and Alex Schroeder
May 13, 2020
The $3 trillion bill proposes another round of direct checks to Americans.
Both sides have their demands, but will Republicans and Democrats be forced by necessity to find a middle ground?
Graeme Jennings/POOL/AFP via Getty Images
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COVID-19

Still waiting for your stimulus money? The deadline for direct deposit information is Wednesday.

by Meghan McCarty Carino
May 12, 2020
About 20 million Americans are still waiting.
Some paper checks have already gone out, the IRS says, but others could take until June or July.
Chip Somodevilla/Getty Images
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COVID-19

Treasury expects to borrow $3 trillion over next 3 months

by David Brancaccio , Nancy Marshall-Genzer and Alex Schroeder
May 5, 2020
That's almost triple what the Treasury borrowed in the 2019 accounting year.
The Treasury needs the money to pay for all of the new stimulus spending to keep the economy afloat during the COVID-19 crisis.
Mandel Ngan/AFP via Getty Images
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COVID-19

How are you spending your $1,200 relief payment?

by Kimberly Adams
May 1, 2020
Americans are paying back friends, buying necessities, paying bills and giving to charity.
Some people are donating stimulus checks while others are using it for essentials.
Mario Tama/Getty Images
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