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The Internal Revenue Service (IRS) has revealed that some Americans who were eligible to receive pandemic-era stimulus checks didn't apply for them—and that there's a way they can still claim the money.Internal Revenue Service (IRS) building in Washington, on Oct. 16, 2023. (Madalina Vasiliu/The Epoch Times)The IRS said in a Nov. 17 announcement that, according to its records, some eligible individuals and families didn't end up collecting economic impact payments—also known as stimulus payments or stimulus checks—that were issued in 2020 and 2021.Those who missed out can still collect the money. The way to do so is through the "recovery...

I am a bit embarrassed to admit that I am taking a perverse pleasure in watching this catfight between Pfizer/BioNTech and Moderna play out. Not to gloat, but I find it validating and rather satisfying to watch these companies file lawsuits and counter lawsuits that boil down to a schoolyard squabble over who came up with the ideas and initial proof of concept for using mRNA for developing drugs and vaccines – when neither actually did the initial “proof of concept” work. Companies that have exploited and unethically weaponized my early work and ideas for enormous profit while also seeking...

A group of young men allegedly ripped off $2 million in COVID-19 relief funds by stealing personal information from people in the assistance program, funneling their money to personal bank accounts, and withdrawing the cash at banks in Brooklyn and Queens. Many of the young men flaunted their ill-gotten fortunes on social media, posting pictures of themselves with large piles of cash, court documents show. Six of the eight defendants — ranging in age from 18 to 25 — were charged Tuesday in Brooklyn federal court, documents show. Two suspects — Armani Miller, 24, and Johan Santos, 19 — are...

April 15 (UPI) -- The IRS rolled out a new tool Wednesday that allows Americans to check the status of their stimulus payments, and tens of millions are expected to have their money by the end of the day. The agency launched the "Get My Payment" web page, where Americans can track their payments by entering tax return information for either 2018 or 2019. The U.S. Treasury began depositing the payments electronically last Friday. The first recipients are eligible U.S. taxpayers who filed a tax return for either of the last two years. For those, the funds will automatically appear...

Over 80 million Americans are expected to receive a stimulus check by the end of this week as part of the first wave of payments, the Treasury Department said this week. The Department expects “a large majority of eligible Americans” will get their payments in the next two weeks. While some have received theirs already, those who are still waiting for one will soon be able to track it online. Americans will also be able to provide the Internal Revenue Service with their direct deposit information if it’s not on file with the agency. “If you do not receive them...

Millions of Americans should receive their $1,200 relief payments beginning Thursday, as the first wave of payouts for citizens impacted by coronavirus begins.

The $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act contains a vast array of spending provisions, including an additional $100 billion for the Public Health and Social Services Emergency Fund. This new funding is designed to provide an influx of money to hospitals and other health care entities responding to the coronavirus pandemic. This $100 billion averages out to about $108,000 per hospital bed in the United States... The $100 billion fund was established to help hospitals ramp up quickly, in response to new demands, giving the Secretary of Health and Human Services broad discretion over how the...

Rebates for Individuals (§ 2201)The most wide-reaching provision in the law provides “2020 recovery rebates for individuals.” These rebates, which are characterized as credits against 2020 taxable income, will be issued in the amount of $1,200 for “eligible individuals” or $2,400 for “eligible individuals” filing a joint return. In addition, “eligible individuals” will receive $500 for each “qualifying child,” as defined by IRC § 24(c), for purposes of the child tax credit. This generally includes dependent children under the age of 17 for whom the individual has a social security number. “Eligible individuals” include “any individual” except for: Nonresident alien...

During the debate on the $2 trillion coronavirus stimulus bill, one of the most consequential pieces of legislation in contemporary history, Speaker of the House Nancy Pelosi (D-CA) did something appalling. With the agreement of both Republicans and Democrats in House leadership, the Speaker blocked a recorded vote on the bill. It is an old leadership trick to protect members from controversial votes by not forcing them to take a position. In retrospect, this is going to be one of the most important votes the sitting members of Congress will ever take, yet they came up with excuses not to...

President Trump has signed the largest-ever US financial stimulus package, worth $2tn (£1.7tn), as the country grapples with the coronavirus pandemic. The House of Representatives passed the cross-party bill two days after the Senate debated its provisions. On Wednesday the number of Americans filing for unemployment surged to a record high of 3.3 million people. The US has more confirmed cases of coronavirus than any other country, with more than 97,000 positive tests. No Democratic lawmakers were invited to the historic signing ceremony, which was held at the White House.

President Trump signs into law the bipartisan $2 trillion coronavirus economic aid bill.

The CARES Act, the $2 trillion coronavirus emergency relief bill that serves as Phase Three of Congress's coronavirus relief efforts, has passed the House of Representatives. It is the largest stimulus package in U.S. history and aims to provide funding for hospitals, and targeted relief for small businesses. The successful vote comes after hours of cantankerous debate, in which one unhinged Democratic representative was ruled " out of order " on the House floor. Once the measure finally passed, the entire House erupted - in a positive way. Lisa Desjardins ✔@LisaDNews WOW and just like that, the motion is adopted....

It makes sense that the federal government is stepping in to provide financial relief to the millions of citizens facing economic ruin due to the coronavirus crisis and subsequent government restrictions on activity. But what’s unconscionable is the fact that, thanks to the way Congress spent the last decade ignoring any sense of fiscal responsibility, coronavirus relief must come at the cost of further indebting future generations and dimming the outlook of our financial future. It’s not the $2 trillion price tag on the coronavirus relief bill, passed Wednesday evening by the Senate, that does this in and of itself....

Most Americans will be receiving checks from the federal government after President Donald Trump and Congress agreed to a $2 trillion coronavirus relief deal Wednesday. The stimulus is unprecedented in size, and politicians hope it will prevent the country from descending into a recession if a protracted fight against COVID-19 grinds the economy to a halt.

According to Senate Minority Leader Chuck Schumer (D-NY), checks would be cut April 6. Key provisions via Bloomberg: Big Businesses: About $500 billion can be used to back loans and assistance to companies, including $50 billion for loans to U.S. airlines, as well as state and local governments. Small Businesses: More than $350 billion to aid small businesses, including $10 billion in SBA grants of up to $10,000 for small business costs, and $17 billion for SBA to cover six months of payments for businesses with current SBA loans. Hospitals: A $150 billion boost for hospitals and other health-care providers...

White House and Senate leaders reached a historic deal shortly after midnight Wednesday on a massive $2 trillion coronavirus relief package for workers and businesses, and House Speaker Nancy Pelosi offered something of a tepid endorsement of the agreement after previously pushing for her own legislation. The bipartisan breakthrough in the Senate capped days of heated negotiations that had nearly been derailed by last-minute demands from House Democrats. “Ladies and gentleman, we are done," White House legislative affairs director Eric Ueland announced as he left the office of Senate Majority Leader Mitch McConnell, R-Ky., near midnight. "We have a deal."

The White House and Senate leaders reached a breakthrough deal shortly after midnight Wednesday on a massive $2 trillion coronavirus relief package, Fox News has confirmed, capping off days of heated negotiations that had nearly been derailed by last-minute demands from House Democrats. “Ladies and gentleman, we are done," White House legislative affairs director Eric Ueland announced as he left the office of Senate Majority Leader Mitch McConnell, R-Ky., near midnight. "We have a deal."

As members of Congress debate the terms of the trillion-dollar-plus coronavirus relief package for businesses and individuals, they would do well to remember our recent history. Most people in professional Washington hate the populist era we are going through. The populist period exists because Americans already feel like their elected officials are more responsive to large corporate interests than to the individuals who elected them. This played out big-time after the Wall Street bailouts fueled the tea party on the right and Occupy Wall Street on the left. People on the left and right agree that some government assistance...

According to ABC News, a new Ipsos poll released Friday shows that more Americans approve of Trump’s handling of the coronavirus outbreak than not despite a high number of people saying their lives have been upended. This is a massive jump from what it was last week: In the new poll, 55% of Americans approve of the president’s management of the crisis, compared to 43% who disapprove. Trump’s approval on this issue is up from last week, when the numbers were nearly reversed. Only 43% approved of Trump’s handling of the pandemic and 54% disapproved in last week’s poll. Over...