Nearly $1.4 billion of stimulus money has been sent to dead people

[Jacob Siegal]

• A new report from the Government Accountability Office reveals that over $1 billion worth of coronavirus stimulus checks were sent to dead people.
• The IRS and Treasury Department have sent over 1 million stimulus checks to people who passed away, which accounts for a little less than 1% of the total payments.
• Once the Treasury Department was made aware of the issue, it consulted with legal counsel and began asking people to send those checks back.

As cities and states all around the US began to shut down to keep their residents safe from the novel coronavirus, it immediately became clear that the federal government would need to intervene to help the millions of Americans that would soon be out of work. The Coronavirus Aid, Relief, and Economic Security (CARES) Act included provisions for American workers, such as boosted unemployment benefits and resources for small businesses, but nothing in the bill received as quite as much attention or sparked as much discussion as the stimulus checks.

Officially referred to as Economic Impact Payments, these checks have been sent to millions of Americans over the past few months, but it turns out that not everyone who received $1,200 from the Internal Revenue Service and the Department of the Treasury will actually be able to use it. According to the U.S. Government Accountability Office, over 1 million Economic Impact Payments have been disbursed to deceased individuals.

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Nearly $1.4 billion of stimulus money has been sent to dead people originally appeared on BGR.com on Fri, 26 Jun 2020 at 16:43:39 EDT. Please see our terms for use of feeds.

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