- If you’ve been financially affected by the coronavirus pandemic, you may be wondering how many stimulus checks you’ll be getting.
- As of part of a massive emergency relief package signed into law at the end of March, the Treasury Department is making over 150 million onetime cash payments to Americans.
- As the financial fallout continues, however, some Democratic lawmakers are proposing ideas for recurring stimulus checks, which sound more like universal basic income.
- Read more personal finance coverage.
More than a month after the US began shutting down businesses and canceling public events to curb the spread of the coronavirus, many Americans are finding themselves in the thick of the financial fallout.
The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, granted Americans earning less than $99,000 annually a onetime payment, or “recovery rebate,” of up to $1,200, plus an additional $500 for each child age 16 or younger. Married couples who…