To view or print the PDF content on this page, download the free Adobe® Acrobat® Reader®.
May 16, 2008
HP-982
Week 3 Wrap-Up: Treasury Sent 15.575 Million Stimulus Payments This Week
This week the Treasury Department sent out 15.575 million economic stimulus payments to American households totaling $13.562 billion. So far, Treasury has sent out 45.463 million total economic stimulus payments totaling $40.793 billion.
Week Three (May 12-16)
Total Number of Payments: 15.575 million
Total Amount of Payments: $13.562 billion
Week Two (May 5-9)
Total Number of Payments: 22.180 million
Total Amount of Payments: $20.138 billion
Week One (April 28-May 2)
Total Number of Payments: 7.708 million
Total Amount of Payments: $7.091 billion
Cumulative Total
Total Number of Payments: 45.463 million
Total Amount of Payments: $40.793 billion
The Treasury Department will announce at the end of every week the total number of payments that have been sent to households, and the total amount of payments sent. Payments began April 28th and will continue via direct deposit or paper check through mid-July. For a single filer, the minimum payment is generally $300 and the maximum payment is $600. For joint filers, the minimum is generally $600 and the maximum $1,200. There is also an additional $300 payment for each qualifying child.
For tax returns processed by the Internal Revenue Service by April 15 households will receive their payments according to the last two digits of the Social Security number on the tax form. On a joint return, the first number listed will determine when a stimulus payment will be sent.
REPORTS