Here’s when your new stimulus check will be sent out – and how much you’ll get

• Millions of Americans could see a new stimulus check arrive as soon as next week, provided President Trump signs the $900 billion COVID relief bill passed by Congress earlier this week.
  
• US Treasury Secretary Steve Mnuchin said the first new stimulus checks would start going out the week after Christmas.
• The first Americans who will receive the new stimulus checks are those whose direct deposit banking information is already on file with the IRS.

The first new stimulus check wave is poised to be sent out just days after Christmas, following Congress's long-awaited passage of a new $900 billion COVID relief bill that includes money for the new checks as well as small business loans and much more.

"People are going to see this money the beginning of next week," US Treasury Secretary Steve Mnuchin told CNBC, referring to the $600 checks for individuals which are a centerpiece of the new stimulus bill -- and which, nonetheless, carry a big asterisk with them. That asterisk has to do with the fact that President Trump, as of Christmas morning, had not yet signed the massive relief package, which on Thursday was flown down to Palm Beach, Florida, to be presented to Trump (who's staying at his Mar-a-Lago Florida resort for Christmas).

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Here’s when your new stimulus check will be sent out – and how much you’ll get originally appeared on BGR.com on Fri, 25 Dec 2020 at 13:07:04 EDT. Please see our terms for use of feeds.