As the federal government continues to distribute stimulus payments to Americans, the billionaire investor strongly urges recipients to spend it one certain way.
President Joe Biden's $1.9 trillion stimulus bill, which he signed into effect today, will provide more than just much-needed cash to struggling families.
According to White House Press Secretary Jen Psaki, the president's signature Covid-relief bill will start delivering individual payments to millions of Americans as soon as this weekend.
President Biden is expected to sign his $1.9 trillion American Rescue Plan as early as this week. Here's what it means for more direct relief to individuals and households.
The IRS has so far delivered about 140 million relief payments, mostly by direct deposit. About 4 million Americans are expected to be sent debit cards this week loaded with their relief payment.