Rumors about the U.S. government issuing $1,390 stimulus checks were proven false as the IRS confirmed no new payments will be distributed this summer. Stimulus checks, or economic impact payments, require congressional approval through legislation. Republican Senator Josh Hawley proposed a bill for tax rebates sourced from revenue generated by tariffs, but it has not passed. The IRS also addressed that there is no new credit available for taxpayers, and those owed credits must have filed their 2021 tax return by April 15 to claim them.
Rumors of new $1,390 stimulus checks for low- and middle-income taxpayers are false; the IRS confirms no new stimulus checks will be issued this summer.
Past stimulus checks have been authorized by congressional legislation during events like the COVID pandemic and the Great Recession, requiring government approval to distribute.
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