Stimulus update: When to expect $600 checks and $300 enhanced unemployment payments
You can’t blame Americans for being eager to receive their stimulus money: With a weakening economic recovery and an out-of-control pandemic, the direct payments included in the $900 billion stimulus package signed into law by President Donald Trump on Dec. 20 are literally a lifeline for millions of Americans.
That $900 billion economic aid package set aside money to send most Americans a $600 stimulus check—down from the $1,200 checks sent by the CARES Act passed in March and less than the $2,000 sought by Congressional Democrats and later, President Trump. The bill also brings back weekly enhanced federal unemployment benefits for the more than 19 million Americans still on unemployment benefit rolls. These enhanced benefits will pay out $300 per week, on top of state benefits, for up to 11 weeks.
We know the aid is coming, but when? Here is Fortune‘s guide.
