Paper stimulus checks ‘have not gone out’ to the 70 million Americans still waiting for them in the mail
- Treasury Secretary Steve Mnuchin said that paper checks for the government’s $1,200 coronavirus stimulus payment have yet to be issued.
- Concerns emerged last week when senior Treasury Department officials told The Washington Post that the checks were delayed because Trump asked that his signature appear on the checks.
- Instead of a signature, Mnuchin said that it was his idea for the president’s name to appear in the memo line of the checks as “a terrific symbol to the American public.”
- Visit Business Insider’s homepage for more stories.
Treasury Secretary Steve Mnuchin said Sunday that Americans will continue to wait on paper checks for their $1,200 coronavirus stimulus payment as they have yet to be issued.
Though payments for eligible individuals have been made through direct deposit to bank accounts on file with the IRS, Mnuchin said they were still processing paper checks and hoping those still waiting will instead go online to collect their payments.
“The reason why the checks have not gone out is we’re hoping that more people, as I said, will go to IRS.gov,” Mnuchin said. “It’s much safer to send out direct deposits.”
The payments were first disbursed last week after March saw a record …continued .
[Source: Business Insider]