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About 2.2 million extra stimulus checks have gone out over the past six weeks, the federal government mentioned Wednesday.
The newest batch brings the overall variety of funds disbursed to greater than 171 million, with an mixture worth of $400 billion, in accordance with the announcement from the IRS, Treasury Department and Bureau of the Fiscal Service. These funds began going out in March when the American Rescue Plan Act was signed into regulation by President Joe Biden.
That laws approved funds of as much as $1,400 per individual, plus $1,400 per eligible dependent, for people and households who fall beneath sure earnings thresholds and in addition meet different necessities.
For the newest tranche, about 1.3 million of the funds — with a worth of about $2.6 billion — had been despatched to eligible people for whom the IRS beforehand didn’t have data to challenge a stimulus verify however who just lately filed a tax return.
This batch additionally contains supplemental funds for people who earlier this 12 months obtained funds based mostly on their 2019 tax returns but had been eligible for a brand new or bigger quantity based mostly on their 2020 tax returns, which might have been processed extra just lately.
The IRS mentioned it’s going to proceed to disburse these stimulus checks on a weekly foundation.