(CNN) The new round of stimulus payments included in the $900 billion Covid relief package are expected to start going out this week, an administration official told CNN, while acknowledging that the timing could slide. The legislation, which President Donald Trump signed Sunday evening , provides for $600 checks to individuals who meet income limits. Experts previously told CNN it would take at least two weeks for the Treasury to get cash into people's bank accounts. Trump signaled in a statement Sunday night that he had signed the bill only after securing a commitment for the Senate to consider legislation to increase the stimulus checks to $2,000. Senate Majority Leader Mitch McConnell, however, did not reference that commitment in his own statement Sunday night praising the President for signing the relief bill.
Source: CNN December 28, 2020 22:45 UTC