Here’s what you need to know about the direct relief the American Rescue Plan provides to working families.
$1400 Checks
- Single people making less than $75,000, heads of household making less than $112,500, and married couples filing jointly making less than $150,000 qualify for stimulus checks. People making up to $80,000 will receive partial payments.
- Those with dependents will receive $1,400 per person, including college students and seniors claimed as dependents.
When President Biden took office, the economy was in a deep hole. Output and employment were well short of their normal and potential levels.
But we've now experience an historically fast recovery — the American Rescue Plan spurred very rapid economic and job growth. pic.twitter.com/yKcsX9PuGj
— Secretary Janet Yellen (@SecYellen) September 11, 2022
Resources
- To learn how working Americans will receive their direct payments, read this blog.
- Track the status of your payment with the Internal Revenue Service’s Get My Payment Tool.
- Recover direct payments from past stimulus payments you did not receive but qualified for when you file your 2020 taxes with the Internal Revenue Service’s Recovery Rebate Credit form.
Nearly 10 million new jobs have been added to the economy, a record high at this point in a presidency.
We've got 3.7 percent unemployment – a near record low.
A big reason for all this is the American Rescue Plan. And not a single Republican in Congress voted for it.
— President Biden (@POTUS) September 8, 2022
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