Biden says 100 million stimulus checks will be sent out and 100 million Covid shots given in next 10 days
PRESIDENT Joe Biden said that 100 million stimulus checks will be send out and 100 million Covid shots will be given in the next 10 days.
The president made the comments during a Monday afternoon press conference regarding the American Rescue Plan.
"This week I can report help isn't just on the way – it's here," he said.
Biden documented his two "big goals" for the next 10 days – dishing out 100 checks and 100 vaccines.
"100 million checks going into the pockets and or direct deposits on the way to millions of more Americans," Biden said. "That's real progress."
The update comes just days after Biden signed the Covid relief bill into legislation on Thursday.
Since signing the bill, Americans have reported that they have been receiving their relief payments.
The latest round of checks are set to be sent out in full to Americans who make up to $75,000 and married couples who make up to $150,000 a year.
This round will phase out at a lower adjusted gross income (AGI) limit than previous checks, with individuals who make more than $80,000 and couples who make more than $160,000 getting no payment at all.
The IRS confirmed on Saturday that March 17 is the official payment date, though some banks have already started processing the third round of checks, so payments may show up even earlier.
In a statement on Friday that the agency would begin sending the third round of checks to eligible Americans "over the next week."
"Following approval of the American Rescue Plan Act, the first batch of payments will be sent by direct deposit, which some recipients will start receiving as early as this weekend, and with more receiving this coming week," the statement said.
Some Americans took to social media on Friday to share that they had already received their checks, after President Biden said he was "laser focused" on getting the money out.
Prior to Biden signing the stimulus bill into law on Thursday afternoon, White House National Economic Council Director Brian Deese told CNN's New Day that the administration was dedicated to pushing the legislation through and getting money out to Americans in need as soon as possible.
"We are now laser-focused on the question of how to implement this bill quickly and effectively so that the resources get out to those Americans who need it – including those direct payments," he said.
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