$600 stimulus payments go out despite President Trump's demand for bigger checks
The second stimulus payment of the pandemic for millions of United States citizens started going out Tuesday night, according to U.S. Treasury Secretary Steve Mnuchin.
Individuals who earn $75,000 or less a year and couples with a total income of $150,000 or less are eligible for the full $600 per person. Taxpayers will receive another $600 per child dependent.
The amount goes down the more you make, until individuals make $87,000 or couples make $174,000.
Financial expert Marty Cantor says that giving people $600 when they are hurting and the economy is struggling is "silly."
"When you are giving $25 million to museums and the Kennedy Center and depriving Americans to live on is an insult to American taxpayers," Cantor says.
President Donald Trump agrees that the stimulus checks are too small, asking Republicans to approve $2,000 payments.
Senate Majority Leader Mitch McConnell, however, blocked a vote for higher checks.
Taxes done via direct deposit could receive their payments soon. Paper checks and debit cards will come in the mail for others, but will take a little longer.