6 Reasons Your Stimulus Check Hasn't Arrived Yet
Roughly four weeks ago, history was made. In the wake of an unprecedented pandemic, Congress passed and President Trump signed the largest economic stimulus in history. The $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act provides $500 billion in loans to distressed businesses, nearly $350 billion for small business loans (a figure that was quickly fulfilled by banks) and $260 billion to expand the unemployment program.
But the primary highlight of the CARES Act is the $300 billion set aside for direct stimulus payouts to approximately 140 million American households.
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Source Fool.com
