$600 stimulus payments will go out to millions of Americans, and began as earlier as last night, according to tweets from Treasury Secretary Steven Mnuchin. On Tuesday he said that payments “may begin to arrive in some accounts by direct deposit as early as tonight.”
He added that the process of mailing out paper checks would start today for individuals without government-registered bank accounts.
.@USTreasury has delivered a payment file to the @FederalReserve for Americans’ Economic Impact Payments. These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week (1/2)— Steven Mnuchin (@stevenmnuchin1) December 29, 2020
Paper checks will begin to be mailed tomorrow. Later this week, you can check the status of your payment at https://t.co/pFBzGzK8mD. (2/2)— Steven Mnuchin (@stevenmnuchin1) December 29, 2020
There was a separate bill passed by the House of Representatives to increase the amount of the stimulus checks to $2000, but that was blocked yesterday in the Senate. According to USA Today, Senate Majority Leader Mitch McConnell blocked Democrats’ initial attempt to approve increased payments. McConnell introduced an alternative version of the bill, but as USA Today reports, it “includes demands by the president – on contentious issues that Democrats are not likely to support and thus would kill any chances of increasing aid payments.”