Why your "plus-up" stimulus check adjustment might fall short
The IRS warns some people might not get what they expect. Here's why supplemental stimulus payments may fall short.
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The IRS warns some people might not get what they expect. Here's why supplemental stimulus payments may fall short.
More than 1.2 million public sector workers are out of a job thanks to the pandemic.
The IRS say it's still sorting through payment data for people who receive benefits from the Veterans Affairs Department.
"To me, 'shortly' is two to three days, not two weeks," one retiree said as he awaits the latest round of government cash.
After asking about the delay, lawmakers say the Social Security Administration sent payment data to the IRS on Thursday.
Tax agency says many payments will be sent in the mail. Some Social Security recipients say they're still waiting.
About 4 in 10 adults are living on less income than a year ago, with many planning to use the payment to pay off debt.
At least one legendary investor, though, says stimulus checks flowing into the market will lead to a "spectacular bust."
$50 billion going to small businesses amounts to just 2% of the overall relief package. But its more-targeted aid will help.
Washington Post economics correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano to explain why millions of people who filed their taxes early are still waiting for their refunds, and how stimulus payments might be causing a delay. The IRS is delaying this year's deadline to May 17.
The IRS has pushed back the tax filing deadline from April 15 to May 17, giving taxpayers an extra month to file their returns amid the pandemic.
Some states are pushing to use COVID-19 relief funding to help lower taxes, but Treasury says money is for payrolls.
Temporary overhaul will provide most families with monthly income. That could be a "game changer," experts say.
The $1,400 stimulus checks are already hitting people's bank accounts. But some may be in for a longer wait or get less than they should.
President Joe Biden and Vice President Kamala Harris are traveling the country to highlight how their $1.9 trillion dollar COVID relief plan will benefit small businesses. CBS News senior White House correspondent Weijia Jiang joins CBSN with more on that, plus how the administration is responding to the surge of migrant children at the southern border and the disturbing wave of attacks on Asian Americans.
President Biden is traveling to Pennsylvania to promote the benefits of his recently signed COVID-19 relief plan. Weijia Jiang speaks with two families waiting to receive stimulus checks about whether they'll use them to stimulate the economy or pay off expenses.
Amid a growing crisis at the southern border, CBS News confirmed 7,300 unaccompanied migrant children were transferred into a network of shelters run by the U.S. refugee agency last month. CBS News correspondent Mireya Villarreal spent time with law enforcement officers witnessing the crisis and spoke with children and adults who said they had no choice but to come. CBS News White House reporter Bo Erickson joined CBSN to discuss the latest from the Biden administration.
President Biden, Vice President Harris and their spouses are embarking on a cross-country tour to promote the $1.9 trillion COVID-19 economic relief package. This comes as a recent report from the nonpartisan Tax Policy Center compared the tax benefits of this plan with the 2017 Tax Cuts and Jobs Act. CBS News reporter Sarah Ewall-Wice joins CBSN AM to discuss.
Next week, President Biden will begin a nationwide tour to speak with Americans about how the recently passed $1.9 trillion coronavirus relief bill could impact their lives. Christina Ruffini has more.
President Biden celebrated the passage of the $1.9 trillion relief plan in the Rose Garden. The legislation sends another stimulus check to Americans, as the president is setting ambitious vaccination goals. Nancy Cordes shares more.
About half of spending will directly aid U.S. households, ranging from $1,400 checks to more generous food-stamp payments.
President Joe Biden signs $1.9 trillion coronavirus relief package into law. Here's what you need to know.
Most Americans also give President Biden good marks for his handling of the coronavirus outbreak.
President Biden will tell Americans there is light at the end of the tunnel in his first prime-time address to the nation. Nancy Cordes reports.
The $1.9 trillion stimulus package is poised to pass in the Democratic-controlled House on Wednesday, providing another relief check to families in need. Kris Van Cleave reports.