US Pandemic Relief Package: Biden administration disburses 25 million more stimulus payments to Americans | World News – Times of India

US Pandemic Relief Package: Biden administration disburses 25 million more stimulus payments to Americans | World News – Times of India


WASHINGTON: The Biden administration said on Wednesday that 25 million more stimulus payments worth a total of $36 billion had been sent out to Americans from the $1.9 trillion pandemic relief legislation.
The announcement of a fourth batch of checks was made by the Treasury Department and the Internal Revenue Service. It brings to 156 million payments the amount disbursed, with a total value of $372 billion.
The latest payments of up to $1,400 began processing last Friday, with some people receiving direct deposits, Treasury said in a statement.
The pandemic-hammered US economy has been on the rebound, with 916,000 jobs created last month, bringing the jobless rate down to 6 per cent.



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