The secretary of Ministry of Finance, Francisco Parés, confirmed this Monday that the agency has presented to the Internal Revenue Service (IRS) of the United States the draft distribution plan for the $ 600 check for most citizens, incorporating the new federal economic stimulus.
“We have just filed an application with the @RTLnews the design of the distribution plan for the second round of economic impact payments “, the official said via his Twitter account.
Parés explained that the draft will be reviewed by the IRS and then reviewed by the United States Treasury Department.
As to when the Treasury would get approval for the plan, the official said last night through the same social network “The key will be how quickly the @USTreasury the distribution plan approves us ”. “Emergency care took 36 days from the signing of the CARES Act, a record compared to the time it took to reach agreement on other programs in previous four-year periods”he added.
President Donald Trump last night signed the economic stimulus bill that also includes allocations for the remainder of the federal fiscal year 2021 and provides an additional $ 300 weekly for unemployment.
Despite the fact that the checks citizens would receive would be $ 600, Trump hopes to increase that amount to $ 2,000.