Stimulus check update: U.S. issued 90 million checks worth $242 billion

The U.S. has thus far issued 90 million stimulus checks worth a collective $242 billion as part of President Biden’s $1.9 trillion American Rescue Plan.

  • The U.S. has thus far issued 90 million stimulus checks worth a collective $242 billion as part of President Biden’s $1.9 trillion American Rescue Plan.
  • The first batch of payments were mostly sent by direct deposit, and some recipients started receiving their checks this past weekend, the government said.
  • The checks began processing on March 12 and some Americans have already seen the deposits as pending prior to today’s official payment day.

Source: Stimulus check update: U.S. issued 90 million checks worth $242 billion