Treasury Secretary Steve Mnuchin expects individual payouts tied to the recent $900 billion coronavirus relief package will start being distributed before the end of the year. During a recent interview, Mnuchin said that the $600 checks will arrive via direct deposit beginning December 28.
"The president wanted direct payments, so we will be sending out next week direct deposit," Mnuchin said.
"I expect we'll get the money out by the beginning of next week."
The $900 billion coronavirus relief package also includes $15 billion for entertainment venues and movie theaters. As the pandemic surges forward, many entertainment venues have struggled to keep their doors open with concerts, live podcasts, comedy shows and other forms of entertainment. As for movie theaters, many movie studios are pushing to release their biggest films on streaming services due to strict COVID-19 regulations nationwide.
"We secured the #SaveOurStages Act for indie music venues, Broadway, comedy clubs, indie movie theaters, and more," Senate Minority Leader Chuck Schumer said.
"These are people’s jobs and livelihoods, and they need this help now. I won’t stop fighting for them."
Other portions of the $900 billion coronavirus relief package include $1.3 billion for President Donald Trump's border wall and funding for the creation of a women's history museum and Latinx history museum.
"Each museum within the Smithsonian tells a unique part of the collective history of America, but there are still so many parts left to be told. The National Museum of the American Latino and Smithsonian American Women’s History Museum will add rich, new perspectives to our American identity that simply cannot be found in Smithsonian museums today," the bill stated.
"This is a big win for Latinos all across our country. We will finally have a Latino Museum that elevates our stories & history," Sen. Bob Menendez added.
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