A recent study from the Federal Reserve Bank of New York shows that people often use government stimulus money to pay off debt — especially if they have a lot of it.
Early data from Columbia University’s Center on Poverty and Social Policy show child poverty dropped after the first child tax credit payment in July.
But considering what we're comparing them to — the stimulus-fueled month of March — that's not so bad.
Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month.
The worst off are likely to use them to fend off economic disaster. The best off may well splurge.
Tens of millions of taxpayers will get the direct payments Wednesday if the IRS has their direct deposit information.
The White House says relief payments sent by direct deposit could start hitting bank accounts this weekend.
Fewer people will qualify for a COVID-19 relief check under a new agreement from Biden and Senate Democrats.
COVID-19 stimulus checks began to phase out for individuals making more than this amount.
The $600 stimulus checks got Americans shopping again.