Who got their stimulus money? My daughter, son, and his GF got theirs, I didn’t get ours

Oldman understands as well as I do this isn't free money. Adding to the national debt will have to be paid for. No big mystery paying for debt is done with taxes. Really old retirees like me will probably not be affected.

Something not mentioned is the impact on Social Security. Floated about several times is the potential for a 23% cut sometime close to 2035 when the fund can't meet it's obligation. Right now with millions out of work & businesses shut down, Social Security payments aren't going in. The impact of that could bring that closer to reality.

What I would like to see happen since the cause is directly the fault of China that China forgives a large percent of our debt to them. That would ease the burden on those that will have to foot the bill for this disaster.
 

Knight said:
Oldman understands as well as I do this isn't free money. Adding to the national debt will have to be paid for. No big mystery paying for debt is done with taxes. Really old retirees like me will probably not be affected.

Something not mentioned is the impact on Social Security. Floated about several times is the potential for a 23% cut sometime close to 2035 when the fund can't meet it's obligation. Right now with millions out of work & businesses shut down, Social Security payments aren't going in. The impact of that could bring that closer to reality.

What I would like to see happen since the cause is directly the fault of China that China forgives a large percent of our debt to them. That would ease the burden on those that will have to foot the bill for this disaster.
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I have as big a chance of winning the lottery as the US has of China paying. China would have to PAY every country in the world that has the virus and/or forgive debt. As to the money, lol, none of it is worth more than the paper it’s printed on.
 
Some have said that they would not give the IRS their bank information. Sorry to tell you this, but the IRS already has your "bank information". Why do think those filthy rich drug king pins are desperately trying to "launder" their billions ( make it appear earned from a legit source) ? You can deposit money into millions of bank accounts, electronically in an hour, processing paper checks ,and then physically mailing them out takes much more time.
Got me my check-yeah. Where to spend it is a hassle.
 

oldman said:
This really isn’t a good thing, necessarily. There are some people that definitely need some extra help, but there are also some, maybe many, that don’t need a dime. The money being handed out is money that is being printed, so it gets added to the National Debt.
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Exactly. I don't actually need mine so I'll probably "stimulate" my kids so they can stimulate the economy since a couple of them have been hit pretty hard by the shutdowns.
 
hollydolly said:
Can someone explain to all of us Non Americans exactly what a stimulus cheque is ( sorry check) 🙃
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It's a one time payment of 1,200 to everyone whose income is below $75,000 per year with an additional $500 for each child up to age 17. The purpose is to try and help those who have lost jobs with basic living expenses. However, what no one is talking about is that it will be tacked on to the national debt and that some people who will receive it don't really need it. I don't need it, but will qualify to get it. My kids will love that since I'll be able to "stimulate" them as a couple of them have been furloughed because of this.
 
Marlene said:
It's a one time payment of 1,200 to everyone whose income is below $75,000 per year with an additional $500 for each child up to age 17. The purpose is to try and help those who have lost jobs with basic living expenses. However, what no one is talking about is that it will be tacked on to the national debt and that some people who will receive it don't really need it. I don't need it, but will qualify to get it. My kids will love that since I'll be able to "stimulate" them as a couple of them have been furloughed because of this.
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..bless your heart, someone explained way further back, but thanks Marlene...
 
Didn't get mine yet. I keep checking my account for it daily. I've heard different things about when I'll get it. I got an email from SS saying by May 1. Then I read by this Friday..so who knows when it will be there.
 

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