Stimulus funds could come as early as this weekend.
President Biden signed the $1.9 trillion COVID-19 relief legislation into law on Thursday. His signing commemorated the one-year anniversary of a U.S. lockdown over the pandemic.
According to White House Press Secretary Jen Psaki, “People can expect to start seeing direct deposits hit their bank accounts as early as this weekend. This is, of course, just the first wave.” She added that payments to eligible Americans will continue throughout the course of the next several weeks.
Nearly 60 million households are expected to receive stimulus funds, according to White House estimates.
As the Lord Leads, Pray with Us…
- For the Internal Revenue Service as they begin the distribution of funds under the latest coronavirus relief legislation.
- For president’s administration as they seek methods to stimulate the economy.
- For Americans to seek the Lord as the nation recovers from the impact of covid.
Sources: Wall Street Journal, Reuters
