Published 09:26 IST, April 15th 2020
In controversial move, millions of US Covid relief checks to bear Donald Trump's signature
In the latest development, the Treasury Department in the United States has now asked for President Donald Trump’s signature to be printed on stimulus checks
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In latest development, Treasury Department in United States (US) has w asked President Donald Trump’s signature to be printed on stimulus checks which are being sent to millions of Americans across state to help m tide over financial losses during COVID-19 pandemic. move, which has been criticised, comes in le-up to US Presidential elections where Trump is to face Joe Biden.
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stimulus checks, which are being sent by Internal Revenue Service (IRS), are part of $2.2 trillion relief pack passed by Congress at end of March. stimulus check is intended to help workers who have been laid-off or given unpaid leave along with those businesses suffering under lockdowns during pandemic. As per latest figures, re are more than 315,000 COVID-19 cases in U.S.
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Stimulus checks in US
Anyone earning up to $75,000 in justed gross income and who has a Social Security number will receive $1,200. payment steily declines for those who make more. Legal permanent residents, or green card holders, are expected to benefit. $2.2 trillion packs, however, has one major exclusion, which is millions of immigrants who do t have legal status in U.S. but work here and pay taxes.
As per a report by a news ncy, roughly 4.3 million mostly unauthorized immigrants who do t have a Social Security number file taxes using what’s kwn as a taxpayer identification number, according to Institute on Taxation and Ecomic Policy.
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(With ncy Inputs)
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09:26 IST, April 15th 2020