Treasury Dept. orders Trump's name to be printed on coronavirus stimulus checks: report

Source: The Hill | April 14, 2020 | Justin Wise

The Treasury Department ordered that President Trump’s name be printed on stimulus checks being sent to millions of American workers impacted by the outbreak of the novel coronavirus, The Washington Post reported Tuesday, citing senior IRS officials.

The move, which marks the first time a president’s name will appear on a disbursement from the IRS, will reportedly cause delays for some of the $1,200 payments Congress approved in the $2 trillion stimulus package last month, two senior agency officials told the newspaper.

The Treasury Department denied that the development caused a delay, telling the Post that the “Economic Impact Payment checks are scheduled to go out on time and exactly as planned.”

……

Trump’s full name will appear on the memo line, the Post reported. About 70 million Americans are expected to receive the check with Trump’s name.

The move to place Trump’s name on the checks came after the president privately suggested doing so to Treasury Secretary Steven Mnuchin, the newspaper reported.

A president is not authorized to be a signer for legal disbursements by the U.S. Treasury, but administration officials said that Trump’s name would instead be featured below a line that reads, “Economic Impact Payment.”

………

A Treasury official told the Post that the decision regarding the new checks was communicated to the IRS’s information technology team on Tuesday. Adding Trump’s name reportedly involves altering computer code that could delay the payments, the official said. 

………

Tagged: , , ,

Viewing 6 posts - 1 through 6 (of 6 total)
Viewing 6 posts - 1 through 6 (of 6 total)

You must be logged in to reply to this topic.