SAN JUAN — The Puerto Rico government has started sending out the first of the $600 federal stimulus checks to local residents, which should be immediately reflected in people’s bank accounts. Governor Pedro Pierluisi said the first checks were sent out on Tuesday, with many more to follow. “There is no doubt that this assistance […]
Tag: U.S. Department of the Treasury
Biden Ally Larry Summers Says $2,000 Stimulus Checks Would Be A ‘Serious Mistake’ That Could ‘Overheat’ The Economy
WASHINGTON — Larry Summers, the former U.S. treasury secretary who has reportedly advised President-elect Joe Biden, thinks $2,000 stimulus checks would be a “pretty serious mistake” that could overheat the US economy. Congress approved a $2.3 trillion funding package containing $600 checks for struggling Americans on Monday. On Thursday, US President Donald Trump called for $2,000 […]