The Treasury Department announced Thursday that it has begun sending out eight million economic impact payments in the form of prepaid debit cards. In a press release Thursday, Treasury said the cards can be used to make purchases in person or online where VISA debit cards are accepted, and they can also be used to withdraw money from ATMS and be transferred to personal bank accounts.
They are smaller than the first round of payments authorized by the CARES Act in March, which also went out via direct deposit, paper check, and debit card and were $1,200 per individual and $500 per child, though the income thresholds where the phase-out begins remain the same.
Great country. You went a long subverting your government, when you get home a fat check awaits.
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