Direct deposits of $1,200 stimulus checks to start arriving Wednesday

Direct deposits of $1,200 stimulus checks to start arriving Wednesday
U.S. Treasury illustration/LU staff

[Ed. – The check, however, is not in the mail.]

Americans who gave their direct deposit information to the Internal Revenue Service will see their $1,200 stimulus checks in their bank accounts on Wednesday.

But others, who did not give banking information when filing their tax returns, could wait months to see their stimulus dollars.

The move came the day after official new jobless claims hit 16.8 million and amid increasing signs of economic despair around the country, with food banks reporting record demand.

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Democrats are already suggesting more checks will be needed to keep people afloat.

The Treasury Department will take the first step Friday in disbursing the millions of dollars in payments by alerting banks to confirm that the money will go into the correct accounts, according to Politico.

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