President Joe Biden signed the $1.9 trillion COVID-19 relief package bill into law on Thursday, paving the way for people to receive stimulus checks.
And, according to social media, the stimulus checks should be nicknamed “Biden Bucks.”
What’s going on?
Earlier this week, the House of Representatives passed a COVID-19 relief package that includes $1,400 stimulus checks to Americans and extends unemployment benefits.
Individuals making $80,000 or under and married couples making $160,000 or less will receive up to $1,400 per person, as I wrote for the Deseret News.
- Individuals who make $75,000 or less will get the full $1,400.
- Checks will go down in value for those who make between $75,000 to $80,000 (or couples who make between $150,000 and $160,000).
Social media reactions
People are excited about getting the stimulus checks. So they shared their reaction, calling them “Biden Bucks.” Others decided to call them “Kamala Kash” — a reference to Vice President Kamala Harris.
What’s next?
According to CBS News, the IRS could start sending checks within the next week or two. But White House press secretary Jen Psaki said people could start seeing their COVID-19 stimulus checks this weekend.
You can use this free stimulus check calculator to see how much your check will be, which I wrote about for the Deseret News.