I think you’re absolutely right; they probably misheard or misinterpreted what was said.
Money from the debit cards can be transferred into personal accounts
Ask at any bank such as BOA which was helping customers do so yesterday
As far as I know there is no clawback.
Maybe the misinterpretation comes from the fact that the extra federal unemployment money does run out, beginning in July. After that the standard unemployment amounts apply.
I don’t watch tv news but have looked everywhere for this and can’t find it.
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Much like the Russian Hoax, it is difficult to find what does not exist.
Minors are not eligible for unemployment benefits.
The Govt is right to claw back the money.
It wasn’t the kid’s $, it doesn’t matter if the govt made a mistake, the money needs to go back.
So sad. not
Let’s see: government debit card subject to the whims of some minor bureaucrat somewhere in the Department of Labor or pulling the money out and getting a stack of twenties. Even without the rumors of a clawback I’ll take the cash if there aren’t any costs associated with getting it.
FUNGIBLE
It in adjective derived from the Latin verb fungi, which means "to perform" (no relation to the noun "fungus" and its plural "fungi.")
It is used to describe goods whose individual units are essentially interchangeable, and each of its parts is indistinguishable from another part.
Oil, wheat and corn are fungible as are gold bars. Money in a bank account is fungible. If you have $2400 in an account they cannot say if it is stimulus money or not. Any CPA or CFO can explain the clearly.
Based on that I'm calling BS on the rumor.
Wait’ll they’re bumped out of eligibility for Obamacare subsidy next year and have to pay a thousand a month for shitty bronze plans with a $7,500.00 deductible due to their taxable income being too high.