New Batch of Stimulus Payments Brings Total Sent to More Than $376 Billion
Budget

New Batch of Stimulus Payments Brings Total Sent to More Than $376 Billion

Dado Ruvic

The U.S. government said Wednesday that it had sent out another round of $1,400 Economic Impact Payments, more commonly called stimulus checks. This batch, the fifth under the American Rescue Plan Act enacted last month, included about 2 million payments for a total of more than $3.4 billion. More than 320,000 payments, with a total value of $450 million, went to Veterans Affairs beneficiaries who receive Compensation and Pension benefits but who don’t normally file a tax return and didn’t use the IRS’s non-filers tool last year, the Treasury Department said.

The latest round of payments lifts the total number made to about 159 million and the total amount disbursed to more than $376 billion.

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