Everything we know so far about your next stimulus check – timing, amount and more

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  • Here's the latest coronavirus stimulus check update we have, including everything you need to know about the size of your next stimulus check and when it might arrive, among other details.
  • The best estimate right now is that the first $1,400 stimulus checks will be sent out as part of President Biden's $1.9 trillion stimulus plan sometime in March.
  • Read on for more details about the specific stimulus check amounts, who's eligible, and more.

Here's one indication of the stakes involved when it comes to the passage (or not) of President Joe Biden's signature $1.9 trillion "American Rescue Plan," a legislative behemoth that represents the new administration's first big attempted swing at the ongoing coronavirus pandemic.

Swift passage of the legislation, which includes funding for a third round of stimulus checks, could help the US return to full employment in 2022. That's according to US Treasury Secretary Janet Yellen, who added that the flip side would entail a high jobless rate for a few more years. "The Congressional Budget Office issued an analysis recently, and it showed that if we don't provide additional support, the unemployment rate is going to stay elevated for years to come," Yellen told CNN's Jake Tapper on State of the Union. "It would take (until) 2025 in order to get the unemployment rate down to 4% again." Which makes the latest stimulus check update we have to share with you, needless to say, exceedingly important.

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Everything we know so far about your next stimulus check – timing, amount and more originally appeared on BGR.com on Thu, 11 Feb 2021 at 14:47:34 EDT. Please see our terms for use of feeds.

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