A congressional watchdog said the federal government sent 1.1 million stimulus payments to dead people. According to Business Insider, these dead people received a total of $1.4 billion. The Government Accountability Office said the problem came partly because of administrative issues. While the IRS has access to death records from the Social Security Administration, the Treasury Department does not.
Treasury Secretary Steve Mnuchin and Federal Reserve Chairman Jerome Powell were in the hot seat Tuesday as they faced senators for the first time in a required update on the financial response to the coronavirus pandemic. Conway G. Gittens has more on the testy exchange.
The Treasury Department announced they would give prepaid debit cards to those who haven’t received their stimulus payments. According to Business Insider, they said this method is “secure, easy to use” and will allow them to deliver it more quickly. Since mid-April about 140 million Americans have received stimulus payments totaling $239 billion. While most of them received the money by direct deposit, others received mailed paper checks.
Delta Air Lines expects to have 7,000 more pilots than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters. Conway G. Gittens has the details.
Boris Johnson and Rishi Sunak visit a Pizza Pilgrims restaurant in the Isle of Dogs, London, to see how businesses are putting social distancing measures in place. It comes after the Government announced that on July 4th all pubs and restaurants can reopen if rules are followed to keep Covid-19 at bay.
Credit: PA - Press Association STUDIO Duration: 00:56Published
The review into whether the two-metre social distancing rule in England will be relaxed will be announced this week, Chancellor Rishi Sunak has said. Boris Johnson is expected to make an announcement next week on pubs, cafes, restaurants and hotels – with their reopening in England an ambition from July 4 to start reviving the economy. He is under pressure from leaders of the hospitality sector and his own MPs to lessen the two-metre rule, which aims to slow the spread of Covid-19 but places major constraints on businesses.
Credit: PA - Press Association STUDIO Duration: 00:58Published
Chancellor Rishi Sunak says a government review into the two-meter social distancing measures is due to be completed next week. Report by Chinnianl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn