Remove Fiscal Service Remove Governance Remove Social Security
article thumbnail

What We’ve Learned Watching Uncle Sam Disburse $2T In Stimulus Payments

PYMNTS

Edwards readily agreed, noting that for everything the government is, it is not a payments company, and was not set up at the outset of this crisis to crash-distribute $2 trillion to hundreds of millions of consumers. Instead, said Edwards, they handed it off to the dual purviews of the IRS and the Bureau of the Fiscal Service. “By

article thumbnail

GAO: $1.4B In Pandemic Stimulus Checks Went To Dead People

PYMNTS

billion went to dead people as the Internal Revenue Service (IRS) and Treasury Department rushed to send out $269 billion in funds, according to a Thursday (June 25) U.S. Government Accountability Office (GAO) report. Pandemic stimulus payments totaling almost $1.4

Checks 90