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President’s name to be printed on relief checks

2020.04.14 Няма коментари
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Lisa Rein (The Washington Post) informed:

The Treasury Department has ordered President Donald Trump’s name be printed on stimulus checks the Internal Revenue Service is rushing to send to tens of millions of Americans, a process that could slow their delivery by a few days, senior IRS officials said.

The unprecedented decision, finalized late Monday, means that when recipients open the $1,200 paper checks the IRS is scheduled to begin sending to 70 million Americans in coming days, “President Donald J. Trump” will appear on the left side of the payment.

It will be the first time a president’s name appears on an IRS disbursement, whether a routine refund or one of the handful of checks the government has issued to taxpayers in recent decades either to stimulate a down economy or share the dividends of a strong one.

Treasury officials disputed that the checks would be delayed.

Pressherald.com notified:

Trump had privately suggested to Treasury Secretary Steven Mnuchin, who oversees the IRS, to allow the president to formally sign the checks, according to three administration officials who asked not to be named because they were not authorized to speak publicly.

But the president is not an authorized signer for legal disbursements by the U.S. Treasury. It is standard practice for a civil servant to sign checks issued by the Treasury Department to ensure that government payments are nonpartisan.

Coronavirus relief checks began being deposited into bank accounts last week. The CARES Act provides residents with incomes below $75,000 a $1,200 direct payment. An additional $500 is being provided for each dependent under 17 years old.

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