Home Business News The US Treasury released 37 million in aid worth $ 83 billion...

The US Treasury released 37 million in aid worth $ 83 billion this week


© Reuters. The US Treasury Department is located in Washington, DC

WASHINGTON (Reuters) – The US Treasury Department on Wednesday said it had issued about 37 million dollars worth of coronavirus aid payments this week, bringing total payments to individuals to be issued. under President Joe Biden’s stimulus plan to $ 325 billion.

The Treasury said payments so far have been sent to qualified taxpayers who filed a 2019 or 2020 income tax return, and those who didn’t file were able to apply for payments last year. on the Internet portal of the Internal Revenue Service. In the latest installment, around 17 million payments were made by direct deposit, worth $ 38 billion, while 20 million payments were mailed in the form of paper checks or debit cards with value about 45 billion dollars.

The Treasury said it will continue to issue installments in the coming weeks.

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