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Economic Times
21-07-2025
- Business
- Economic Times
Still waiting for a fourth stimulus cheque in July or August? Here's why that $2,000 isn't coming
Stimulus Checks: Talk of a new $2,000 stimulus cheque landing in July or August 2025 has gone viral. But as of now, neither the IRS nor the US Congress has proposed or approved such a payment. The rumour, fuelled by social media and unverified reports, has no official backing. The deadline to claim the third and final stimulus passed in April 2025. While some US states continue to issue small inflation relief cheques, there is no federal fourth stimulus in the pipeline. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads IRS and Treasury: No fourth cheque in the works Trump's DOGE plan still just a proposal Cost of living rising, relief still sparse Tired of too many ads? Remove Ads Stimulus payment scams and fake forms on the rise A quick look at past stimulus payments The first cheque, issued in March-April 2020, provided up to $1,200 for individuals and $2,400 for married couples, plus $500 per qualifying child under 17 The second cheque, sent by January 2021, was up to $600 per person and $600 per dependent The third cheque, delivered between March and December 2021, gave $1,400 per eligible individual, and $1,400 per dependent How to track refunds or missing stimulus payments Over the past week, rumours have surged online about a fourth stimulus cheque worth $2,000 supposedly coming in July or August 2025. These claims, heavily circulated on social media and through loosely sourced articles, suggest that new federal relief is on the way for struggling there is no official confirmation. Not from the Internal Revenue Service (IRS), not from the US Congress, and not from the Treasury wave of misinformation follows a 19 July article by Rick Adams, which implied that lawmakers were considering new payments due to mounting public pressure. The article stated that single filers earning less than $75,000, and married couples earning under $150,000, would qualify. It also mentioned additional amounts for dependents, with direct deposits possibly starting late 2025 or early 2026 if that 'if' remains very much draft legislation, budget allocation or public statement supports these claims. The most recent IRS update, IR-2025-75 issued on 15 July, focused on tax security and extensions. It made no mention of new stimulus been no movement from the IRS or the Treasury to suggest that another stimulus is being last round of Economic Impact Payments was part of the American Rescue Plan in 2021. That provided up to $1,400 per eligible individual. As of now, the only related payments still being processed involve the 2021 Recovery Rebate Credit, with $2.4 billion in unclaimed funds still being issued. But that process ends by January IRS confirmed in bulletin IR-2024-314 that this is not a new cheque, just money left unclaimed from the third stimulus. Congress has not passed any law approving a fourth round. And the deadline to file for the third stimulus expired on 15 April in February, Donald Trump floated the idea of a one-time $5,000 'DOGE dividend' during a summit in Miami. He tied it to projected savings from Elon Musk's Department of Government Efficiency (DOGE).Trump said, 'We are considering using part of the 20% in savings DOGE identified and giving that back to taxpayers.'That proposal, however, has gone nowhere. There's been no follow-up from Congress, no formal plan, and certainly no timeline. It remains just an idea with no structure or funding behind no denying that many Americans are feeling the pinch. Rising costs of rent, food and healthcare continue to put pressure on households, especially the elderly and low-income earners. Adams noted this in his article, and there is some factual basis to that Security's Cost-of-Living Adjustment (COLA) for 2025 aims to provide some support. But it's not keeping pace with actual inflation cited by calculated that the proposed DOGE savings of $130 billion, even if redistributed, would only amount to around $807 per taxpayer, far below the claimed $2,000. That figure also assumes full congressional approval, which has not been these rumours spread, so do the scams. Users on X (formerly Twitter) have flagged fake text messages and websites offering early access to the supposed IRS is urging caution. In a statement, it advised citizens to 'check for updates and avoid unsolicited payment requests.'It's also worth noting that some states have issued their own forms of inflation relief. These are not federal cheques, and the amounts are far example, New York sent one-time inflation cheques of $200 for individuals earning up to $75,000, and $400 for married couples earning up to $150,000. Pennsylvania, Georgia and Colorado also issued what they termed 'rebate cheques' to qualifying taxpayers or property owners. Each state uses its own put the $2,000 rumour into context by looking at the actual stimulus history:Any unclaimed stimulus payments had to be filed for via the 2021 tax return. The final deadline was 15 April 2025, with no extensions available. Even if a taxpayer requested a filing extension, that did not apply to the stimulus claim. The IRS made clear that 'any unclaimed stimulus payments become the property of the U.S. Treasury.'If you are waiting for a tax refund or think you might have missed a stimulus payment, the best step is to use the IRS's 'Where's My Refund' tool online. It updates daily and lets users track the progress of their federal return. You will need your Social Security number, filing status and the exact refund amount to access the you filed electronically with direct deposit, you can expect to see the refund in your account within 21 days. For paper filers, it might take up to eight the IRS helpline at 800-829-1954 is available for those unable to use the refunds, meanwhile, must be tracked via each state's own tax portal. For example, the Delaware Division of Taxation and the Pennsylvania Department of Revenue each have dedicated online systems.
BBC News
28-02-2025
- Politics
- BBC News
Notorious Mexican drug lord among 29 cartel members extradited to US
Mexico has extradited 29 alleged drug cartel members to the United States – including high-profile gang extradited include notorious drug lord Rafael Caro Quintero who has been wanted by the US for the murder of an American agent 40 years ago. The move – considered to be of the biggest extraditions in Mexico's history – is seen as a major step in bilateral security relations between the two comes after US President Donald Trump threatened earlier this year to impose tariffs on imports from Mexico, accusing it of failing to tackle drug trafficking and mass migration. "As President Trump has made clear, cartels are terrorist groups, and this Department of Justice is devoted to destroying cartels and transnational gangs," US Attorney General Pam Bondi said in a statement on Thursday night."We will prosecute these criminals to the fullest extent of the law in honour of the brave law enforcement agents who have dedicated their careers – and in some cases, given their lives – to protect innocent people from the scourge of violent cartels," she added. Caro Quintero is one of the founding members of the Guadalajara Cartel and a linchpin in the creation of modern Mexican drug-trafficking. He was wanted in the US in connection with the torture and murder of a Drug Enforcement Administration (DEA) agent, Enrique 'Kiki' Camarena in 1985. Caro Quintero was arrested at the time and spent 28 years in prison in Mexico before being released in 2013 – much to the anger of the in 2022, aged in his 70s he was recaptured by the Mexican Navy after a dog found him hiding in bushes. Trump's trade war delayed - what did the US, Mexico and Canada all get out of it?Hidden tunnel on US-Mexico border to be sealed Reacting to Caro Quintero's extradition DEA Acting Administrator Derek Maltz hailed the move as a "victory for the Camarena family".He added: "Today sends a message to every cartel leader, every trafficker, every criminal poisoning our communities: You will be held accountable. "No matter how long it takes, no matter how far you run, justice will find you."Quintero is expected to appear in court in New York on Friday. Other fugitives extradited include the founders of the brutal Zetas Cartel - Miguel Angel Treviño and his brother Omar Treviño. Known as Z-40 and Z-42 respectively, the two men ran the feared organisation for years before its eventual demise in the mid Treviño, who was arrested by Mexican marines in July 2013, was wanted on both sides of the border for ordering massacres and running drugs on a global Treviño - who was wanted in the US and Mexico on charges of drug trafficking, kidnap and murder - was captured by security forces in Monterrey in March criminal empire spanned a wide range of illicit activities including cocaine-smuggling, people trafficking, extortion, gun-running and kidnappings. Police in Webb County, Texas, confirmed the brothers extradition and warned Americans from crossing into Mexico for fear of reprisals.
