More than a million Americans who had died received COVID-19 stimulus payments totaling $1.4 billion, a government watchdog said in a report to Congress released Thursday.
Eligible Americans received checks, called Economic Impact Payments, based on their 2018 or 2019 income tax returns, or by filling out a simple tax return. Individuals making up to $75,000 a year received checks for $1,200 and couples making up to $150,000 and filing a joint tax return received $2,400, with an additional $500 per qualifying child. The payments decreased for those making more than $75,000, with an income cap of $99,000 per individual or $198,000 for couples.
There was an initial backlog when the IRS began sending the first round of payments and relatives of dead Americans all over the country said they received coronavirus relief payments from the on behalf of the loved one. Families initially believed they could keep the payments, but the IRS updated its guidance in May to say that people who have died do not qualify for the coronavirus relief payments and"should be returned to the IRS.
President Donald Trump indicated earlier this week that he's open to another round of"very generous" stimulus payments as the U.S. economy continues to reel from the coronavirus pandemic. GAO also faulted the U.S. Small Business Administration for its handling of the Paycheck Protection Program, or PPP, which was created under the act to provide direct relief to small businesses amid the coronavirus pandemic.
The Trump Admin is defined by incompetence, and display it in every way possible. That and graft, they do graft well. The two characteristics of the Trump Admin are incompetence and graft. And emoluments from foreign governments to Trump personally The three characteristics...
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