Senate Democrats approved the Biden administration’s $1.9 trillion coronavirus relief package, paving the way for a third $1,400 stimulus check for millions of Americans — and households could start to receive the money in just a few weeks.
The American Rescue Plan will now head to the House for final approval, which could happen as soon as Tuesday. Once Congress approves the emergency aid bill, President Biden needs to sign the legislation to release the money; he’s widely expected to do so before Sunday, when two key jobless aid programs are set to expire.
The IRS and Treasury Department would then distribute the cash payments through direct deposit, mailed checks and prepaid debit cards.