Pine Knot News - A hometown newspaper with a local office, local owners & lots of local news

Stimulus payments coming

 

April 17, 2020



At least a few Carlton County residents found a pleasant surprise in their bank accounts this week: money from the federal government’s Coronavirus Aid, Relief, and Economic Security Act, passed by Congress and signed into law by President Trump on March 27.

There is no exact schedule for payments but officials said the first wave of payments includes mainly people who filed a 2018 or 2019 tax return and gave the IRS direct deposit bank information. Paper checks are scheduled to be issued at a rate of 5 million each week until September, starting with the lowest-income taxpayers.

The paym...



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