The Treasury Secretary provides details on the second round of payment of the economic stimulus

Secretary of the Treasury Department, Francisco Parés Alicea, today offered a “virtual orientation” on the second round of payments of the economic stimulus approved by the federal congress.

You can see the notes from the secretary here:

Ramón Luis Andino Rodríguez – live

Live now! 🗣 Treasury Secretary Francisco Parés Alicea and his work team will guide you through the second round of the $ 600 Economic Impact Payment or potential raise to $ 2,000. Join the conversation with your comments and questions.

Posted by Ministry of Finance on Tuesday December 29, 2020

On Monday, Parés Alicea presented the plan to distribute the checks on the island to the federal Internal Revenue Service (IRS), about “10 hours” after President Donald Trump reversed his threat of vetoing the legislation and made it law.

The bill signed by Trump grants most citizens $ 600 individual checks, but the federal House of Representatives yesterday approved to raise them to $ 2,000, as requested by the president.

The leader of the Republican Senate, Mitch McConnell, blocked the measure this afternoon. Independent Senator Bernie Sanders said he would freeze part of the Defense Department’s budget if the Republican leadership didn’t include the amendment the president had called for.

Ramón Luis Andino Rodríguez - live

Live now! 🗣 n nThe Secretary of the Treasury Department Francisco Parés Alicea and his team will guide you through the second round of the $ 600 Economic Impact Payment or potential raise to $ 2,000. N nParticipate in the conversation with your comments and questions.

Posted by Department of the Treasury on Tuesday, December 29, 2020

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